For me this is a most exciting start on mintpal
Normally coins hit and are pumped to oblivion then dumped , or are just dumped upon until only a few bag holders remain,
What i am seeing at the moment is scrutiny from the community .. then they open the wallet and .. woot they realize the potential. stability occurs as people understand what this is bringing to the crypto table.. and then boom...
Exactly!
Look at the charts of Yellowcoin or Entropycoin for example; a very big dump......
If we believe in this coin as a community we can reach 30k easily!!
Also i would like to know if the dev can give more news regarding the Silkcoin Multipool
Yellowcoin actually held pretty steady around 0.00001 for about the first 30 hours only slightly trending downward. Pretty typical really. High volume early while people are excited and the dev can just unload their premine throughout the first day. Then it slowly drifts away while bagholders wait around for the "big pump" that is never coming. The coin is officially dead after about 2 weeks and the devs have already moved on to their next scam (probably even attracting a bunch of their previous victims again). This scam in particular is intriguing to people because they all think it's going to be the "next blackcoin" because of the PoS. In reality, the PoS is simply there so that the dev can disguise the size of the premine and also encourage people to hold their coins (gotta get that Pos!) while they're dumping on your asses. I've seen it at least 20 times now and it's always the same. Come back in 2 weeks and tell me I'm wrong. Come back in a