Re: [ANN] [Rupee][RUP] Relaunch. CryptoCurrency for India,South Asia, and the world!
RUP or RIP 
will return back to 500-100 sat , down quickly just as he climbed !!! I've lost all my investment
will return back to 500-100 sat , down quickly just as he climbed !!! I've lost all my investmentI also invested, with the confidence that it would rise more.
And now with all that has gone down, we lose almost the entire investment.
Hopefully in Yobit, some bot-based user will raise the value of the currency just like they have done with other currencies.
I know that in Yobit, there is an active bot of this coin.
I think what the bot wants is to lower the price so that we sell and have the most coins and then upload it.
Maybe it will happen. I had huge profit in this coin that I lost but thankfully I didn't lose money. I got in early enough I guess and it went up hundreds of percent from my buy in before falling.
I'm glad I got out. The problem is there's what amounts to at current levels as 95% premine. Just use the block explorer and look at block 1 rewards compared to block 2 and onwards.
This isn't FUD. This is an uninvestable coin because of the above. Unless I see those 21m coins burnt this project cannot go further and it amounts to a total scam.
Just came to know rupaya (RUP) coin was created in 2014 https://bitcointalk.org/index.php?topic=521251.0. Because rupee team copied the coin symbol, they had to change symbol to RUPX. They have 1% premine. That's seems to be genuine coin worth investing.
Even the website is virtually identical. Hahaha.
So coinexchange.io takes 25 confirmations (!!!??) and it looks like the bulk of the coins moved 20 blocks ago. So I think we are six blocks away from a huge dump on the exchanges. Unless the dev sees this and decides not to dump. There's 10BTC of buy orders on there at the moment for him to profit from.
As for how long it takes for the next 5 blocks, anyones guess really.