half a btc until 1 satoshi dev, what the hell
i am starting to lose faith in MAMM
Mamm did not rise on SUPER's good news, in fact it did nothing. My opinion is the market rejects non-unique coins that just copy other coins marketing/ tech. It's a marketing problem really, people are going to assume this is a copycoin just like how Feathercoin copied Litecoin. The reality is that the Mamm dev is working with the SUPER dev to develop the anon but that is not how most people will interpret it.
We are going to end up with SUPER 'owning' the phase two market and little benefit for Mamm. I mean hell the anon name is SuperSend Phase Two not Mammoths Gone Wild
hate to say it but i agree... this coin is officially DEAD
looks like someone traded about 3btc worth of coin to themselves in a ping pong buy sell manuver to keep volume up on bittrex and ate the trade fees... that will help keep the coin around for another week at least... guess thats good...
Heres what I don't understand. That trade involved about 900k MAMM. Which is around 15% of the total coin supply. There are no wallets that large, so multiple accounts were used, or as I suspected earlier - the rich list is wrong.... Also, to look at the rich list, only a couple of the top 20 made changes soon after the big sale/transfer. Wallets not totaling more than 300k. . . Any theories on this?
Yes, this coin is being totally market manipulated, since anon wallet release when price get stuck at 3k-4k sat with 70 BTC volume....the rich list is fake/wrong, my wallet adress doesn´t show my total coins at all...something is very obscure here. Phase 2? Yeah, let´s see the pump and dump scenario again, IF it happens, as you have said.
I think there is a bot trading in Bittrex for MAMM, as Supercoin scamcoin have too:
Its a big IF sure, but it won't be a simple pump/dump IF/When it happens. There is massive value in such an upgrade, IF its real. But yes, someone with control of a whole lot of coins is moving them around using multiple wallets and bots. If they're squeezing what they can out of current buyers, they aren't getting much as there is low demand, but maybe thats the motivation... They could also be manipulating the price lower to acquire more coins, but, if you've got 15% already - how much do you really need? 15% of a coin that soars is more than enough to make a big profit, and more than you'd be able to sell without tanking the price anyways. If you've already got 15%, there isn't really a reason to try and get more.