Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin, Energy Saving Coin With a Fast Distribution *18 exchanges
by
niothor
on 12/03/2014, 17:23:17 UTC
100+ is very possible and I am not talking about pumps here.

philipvdlinde I know you are sitting on Millions of Mint, so am I. You have me beat by little over a million. I do think Mint will reach the low triple digits, but I do not think it will reach 1000+. I am dumping at 70 sat, If I am wrong I will be the first to publicly say I had it all wrong. But I do not need to use a magic 8-ball, or be a psychic to predict where Mint is going. All you have to do is look at the trend of 95% of all other cryptocoins.

1. Developers promise a new coin that will revolutionize cryptocoins.
2. They offer an IPO to "help support development".
3. Investors purchase the IPO because they will make quick money when the coin is put on an exchange.
4. Developers launch the coin and usually the launch has major issues.
5. Everyone with a half decent mining rig, to full mining farms point their miners to the coin so they can be the first to get the higher block rewards.
6. Everyone scrambles to get the new coin on exchanges so they can dump the coins they just bought/mined.
7. The real investors/whales come in and snap up the coins at low prices and then wait until they have a substantial amount of coins and then they artificially push the prices up.
8. All the inexperienced traders think the coin is on fire and start buying at the new higher prices.
9. The whales dump their inflated coins on the suckers and in a matter of hours the coin is worth half than it was before.
10. The community rallies behind the coin and eventually pushes the coin up a few sat until the next innovative coin launches.
11. The community and the developers lose interest and eventually the coin drops to 1 sat.

Mint is at stage 10 Smiley

At what stage is bitcoin? And doge?

Bitcoin is still at stage 1.
There is still no IPO for bitcoin )))))))))