Post
Topic
Board Announcements (Altcoins)
Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST--
by
humanpsychedelic
on 26/11/2013, 21:04:28 UTC
BTC-e got the "premine" then publicly destroyed it.
Link?  Proof?

Crypto is founded on being trustless.  Suspicion is healthy.

It makes no sense that any free market would be consistently less than 10%-20% FMV....unless it was being manipulated to collect fees from arb'ing.

Now suddenly one coin breaks away suddenly and for no conceivable reason, and a coin that has a history with that exchange.

If something smells like shit, it probably is.  There's too many exchanges and too many coins without that kind of baggage.

https://bitcointalk.org/index.php?topic=144158.0

There we go.  Finding when people do shitty things is easy.  Finding when people actually clear things up is difficult. 

I appreciate the help.  Thank you.

I'm still curious as to a trading strategy which is beneficial for placing hundreds of automatic buy orders for 0.1 when the fee is so high if it is not BTC-e manipulating the market.

Again, thanks for clearing up the issue regarding the 100k pre-mined novacoins.