Quote from: john150 on June 06, 2014, 11:13:24 AM

WARNING! SCAM ALERT!

Isn't it obvious what is happening here?

I've noticed that MEOW recently got all green on Coinmarketcap, so I've decide to investigate it. It took me less then 30 minutes to read all posts from the last few weeks.

And I am amazed how anyone could be stupid enough to buy this coin! I almost fell into this trap and I've even decided to register to warn people who are about to lose their money here.

PEOPLE! - BE SENSIBLE!

The coin has been collapsing for many weeks.
Old dev team quit and noone is ready to take control of this coin.

Some people got STUCK with their MEOW constantly losing value. Probably the same bagholders (or is it one person?) decided tu put FAKE BUY WALL at 1 satoshi to trick people into buying their coins. Additionally, they started spreading rumours about some imaginary fork (there is no development with this coin! even the first page of the thread is not being updated!) and miracles that Mintap would bring (actually, lool at the charts - all coins that win the Mintpal voting and are added to Mintpal suddenly COLLAPSE - Mintpal brings price down, not up).

Bagholders managed to get rid some (most?) of their coins at 2 satoshi. Maybe they are hoping to get some more even on 3 satoshi, but I doubt it. I guess they are scared now, because there are no 2 satoshi buy orders and they can't dump rest of the coins.

They feel safe that they won't lose thaier 20+ BTC placed on 1 satoshi, because there are 10 BTC belonging to other people in front of them in the queue, so if people start dumping on 1 satoshi too hard, they will have time to pull out.

I don't know who is behind this scam (Zebedee23? whale123? rodux? - those guys are screaming the most) but BE CAREFUL!

Do not buy this coin when it is artificialy pumped! When those guys withdraw their fake buy wall (or when people start to dump hard) it will instantly collapse, maybe even to litoshi levels, where it was heading for the last several weeks.

Also, If any of the scamers are planning to delete this post, note that I have printscreen of it and will post it again.

I ALMOST GOT TRICKED!

Seriously? Shocked

Thanks for a warning Grin

*End of irony*