Quote from: damashup on August 06, 2014, 08:27:25 PM

Quote from: shojayxt on August 06, 2014, 08:16:44 PM

Quote from: btc-mike on August 06, 2014, 05:10:53 PM

Quote from: shojayxt on August 06, 2014, 03:57:04 PM

Looks like a hardfork would have been a better choice. Now this coin is dead.

It seems like someone wanted to kill this coin off. It's the best implementation of a cryptonote coin so far so there is no reason for what's happening. It has a working GUI, block chain loads in minutes rather than hours, aliases, and responsive dev. The leading cryptonote coin is no better yet it dominates due to a couple wealthy benefactors pushing the coin and an obvious partnership with Poloniex to manipulate the market. I'm glad I keep the vast majority of my funds in Bitcoin because in the end Bitcoin will be here and all these other coins are really nothing more than ponzi schemes that will be gone tomorrow. The altcoin world is full of liars, cheats, scammers, and individuals lacking any sense of integrity and no coin is immune to the tactics they will use to line their greedy pockets.

The coin is not dead. The dev team is still here and everything works.

Well maybe not completely dead but it's on it's last breath. NO matter how low you buy in at you get dumped on withing a day. Now there's 100,000 bbr sell sitting at .00025 while people are still dumping at .00021 and the price is down about 50% in the last week. It's obvious that a few people are mining the majority of the coins and have been constantly dumping them for whatever they could. They might as well just clean out the buy side on Poloniex and get it over with.

100k BBR sell wall has gone. Looks like someone was trying to make a point.

Agree fully with shojayxt. Books are being and have been gamed for a while. I mean on sell side, 0.00031747, followed by 0.00025716. regardless of where the bids lied, what rational actor would put next ask at 25% discount