Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN][MAX] MaxCoin
by
Tofer
on 07/02/2014, 08:13:35 UTC
Wow.I think i understand what is happening.This is the reversed pump and dump scheme.Normally when a new stock/product/crypto currency shows up people pump it fast and then dump it 3 days later.In this case,the price is kept high by the low offer,but the more coins come to the market place the lower the price will drop.There are 250 million of them so it's pretty obvious.The sooner you buy the more money you lose.Unless people with really big pockets mentain and grow the price for the next 3 days and then dump it,but i kinda doubt people will pay 0,01btc for 1 Max.

I'll stay away this time,cuz you can't scam the king scammer and expect to get away with it. Grin

The pump is the hype or the pumping of the speculation on price then when you can actually trade it is dumped and all the speculation turns out to be lies and rhetoric.  This was not fair or even close to rocky let alone smooth and the fact that max and stacey put their names behind it added to the pump and they could also be blamed but in the end it's the idiots faults who fall for this shit.