Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MINT]Mintcoin V1.9.1, Energy Saving Coin *27 Exchanges *59 Merchants
by
beakins0
on 05/06/2014, 20:11:14 UTC
Wow! The whale really bought in! It wasn't a fake wall!

The 24 trading volume is gonna like that lol!

We just knocked out SaturnCoin!

We're gonna take down CinniCoin next.


http://i58.tinypic.com/144kjl.png

lol
I think the real whale first initiated the pump and finally found a buyer to sell his pumped millions of coins now.

Here's another scenario:  1) A big mintcoin holder pumps the price 2) he places a big buy order on one mintpal account 3) he sells into the order from a second account.  The result is that the trading volume jumps by 20%.  The pumper loses transaction fees, but obviously intends the pump to cover his losses.

If this is the case, then 1) the pump is just getting started and 2) we will see more of these suspicious high volume transactions.