Quote from: TheKingInYellow on December 16, 2017, 09:01:39 AM

Quote from: ir.hn on December 16, 2017, 08:59:05 AM

WARNING WARNING WARNING

We are very possibly in a Pump and dump! The person who has the most yenten, 13% of the total supply of 1.6 million coins, is the one who is buying everything up at the exchanges! This guy is a miner it appears but he is also making tons of buys at exchanges it seems. Looking at his wallet everything is a buy and since there are two transaction outputs in almost every transaction it means that these coins are coming from an exchange. Some of his income is also coming in transactions where there are dozens of outputs which makes me think he is also the #2 miner in one of the pools.

http://yenten-blockexplorer.chocottokozukai.click/address/YejFaoNhNUhTyHvop9zxeCdeoWx6uTrMU9

My advice? Set your buy orders under 200-300 satoshi per coin so that when this guy does dump, you can buy it at the bottom.

Wow, a whole 200k? That's almost a bitcoin. And he even generates 50 Yenten every hour? Surely this will overwhelm the market.

Also, he's buying because it's impossibly hard to mine. I'm not sure what kind of green as the day is long newbie would think this is a bad thing. Lol.

I'm sure you're more used to top wallets in your coins dumping instead of accumulating~

Um I don't have any other coins but in general every coin I have ever researched has had pump and dump cycles, it is really easy for a whale to come along after hearing about yenten and buy up all the yenten supply for relatively cheap then turn around and dump it all when he feels it has plateaued.

When someone owns coins it is only a matter of time before they want to sell and if he sells even 10% of his coins right now it would wipe out every buy order over 200 satoshi. So what I'm warning about is that risk. I am especially worried if he is a newcomer, the block explorer doesn't show past a week back so if someone wants to investigate further it would be appreciated.