Post
Topic
Board Speculation (Altcoins)
Re: PURA COIN the next DASH!?
by
Jackk77
on 25/08/2017, 14:16:20 UTC
Umm...any idea why 89% of the coin belongs to one address?

http://imgur.com/a/V9exk


 Grin Grin Cheesy



PURA   last price: 0.00014964   Volume BTC 725.970       24hr %increase 38.3

It's easy to pump a coin if it's only listed on one exchange with a small number of people owning the majority of the coins supply. Let's see where this goes when and if it gets added to other Exchanges. Or, once the richest wallet decides to dump...

those 89% belong to coinexchange - why? Because they handled the icash swap and created the same amount of pura as like circulating icash.. and the 89% are unclaimed because people didnt send their icash to coinexchange! And what will coinexchange do with those 89%? They will burn those coins!! Ask coinexchange if you dont believe me.

So big volume on a small exchange such like coinexhange is BULLISH. There is a strong community and big demand because of masternode. And after the burn is official price will skyrocket to  0.001 at least.
Mark my words  Wink

CURRENTLY NEW RECORD ALMOST 20K SATOSHI PER PURA AND 781 BITCOIN VOLUMEEE Cool


Ok so 89% (149mil) PURA are owned by coinexchange which means there are 19mil PURA in circulation right now and if they are going to burn them,
those who had icash and missed the deadline will never get their coins or money back.
Cause according to this thread https://bitcointalk.org/index.php?topic=2115512.0 they do refuse to exchange the coins.

I guess that would explain the price spike with only 19mil in circulation and 149mil of coin owners not being able to trade.