Hello there MintCoin community. What a ride the last 24 hours have been! We are all feeling pumped aren't we?

I just sold all my MintCoin today, there has been so much volume come through driving up this price the last 24hrs (420+ Bitcoins or $240,000 cash money) that it is simply unsustainable. A quarter million dollars of mostly buys is certainly likely done by a big player or syndicate. If it is a true long-term investor, he will not keep buying this way as he knows he has inflated his buy price to obtain such a huge amount of coins. If it is a 'pump-n-dump' scam group like Wolong that the crypto-lemmings are so fond of, well, then things could get pretty ugly.

The Miners who were wise enough to not sell at 3-6 satoshi are going to start hitting the exits hard at the first sign that the big buyer is gone. Also current mining is now 5x more profitable than it was back at 3 Satoshi, I would not be surprised if Coinwarz or another huge outfit slams this coin back down to below 10 satoshi area.

I am still bullish on MintCoin in the long-term however, so don't get me wrong here. I am just saying if you sell at these prices you will be able to buy back in at a much better entry point, and really increase the number of coins you own with the same amount of BTC.

I am actually rolling out some of my profits in MintCoin to invest in Earthcoin, as it is crazy cheap at its current 75 satoshi price.

Just my opinion, but in two days when MintCoin is back at 7 satoshi don't say I didn't warn you.