Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CPU mining] Yenten v1.2.1 [YTN] [YescryptR16] [Exchange avilable]
by
nyantheory
on 16/12/2017, 23:54:28 UTC
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.

Holy shit, this guy is also linked (in the transaction below) to this SOLO miner who has generated roughly 1/3 the total supply of yenten!

http://yenten-blockexplorer.chocottokozukai.click/tx/00869b38b1fdc41b9428ba6edc3ce827deb038ad28690b746128324f77929d9d

http://yenten-blockexplorer.chocottokozukai.click/address/YVX5SfUzgDP4px17rJX7AaKbWVSJ2JLJvs

This guy doesn't own 13% of the total supply, he owns at least 30%!

Oh wow. a few hundred k coins.

Now, look at 99.9% of projects in these ANNs. All of them scrypt, high APR PoS, etc. Those top wallets have few hundred MILLIONS of coins.

There is zero chance that if they dump 100% of their supply, you're going to see a 10-50 sat coin. Zero. It will be the same price it dumped at a week later. Even if he really really really hated the coin and got everyone else to dump and drove the price to nothing more than a 1 sat sell wall, you could buy the entire supply generated for $200-ish.

Your conspiracies are a yawn fest. The mathematics you're used to with other projects don't apply here. They do not have enough supply to dump to zero. They would have to in addition build a sell wall of over .2 btc for others not to buy in. It's impossible.