Post
Topic
Board Announcements (Altcoins)
Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13
by
C3ALL
on 03/01/2014, 16:25:05 UTC

If you guys wanna make money LOT is the future. 40 satochi today, great buying!!!

Its this sort of pumping that I disagree with.  Price dropped 7.5% from 40 down to 37 soon after this.  People may take the word of a dev of the coin as some sort of gospel, as they are of course privvy to behind the scenes information.  If people buy in on the pumping posts from a dev, then see a 7.5% loss hours later, it does the coin no favours at all.

imho, a dev should make zero comments about the price of a coin what so ever.

Fine tell people about the good news, the devleopments, the progress being made, but never pump the price.