Quote from: HoldTheLine on August 10, 2014, 12:30:01 PM

Quote from: Spratan on August 10, 2014, 12:20:57 PM

Quote from: Bitcycle on August 10, 2014, 12:15:32 PM

1.15 million coins in existence, 1.36 million have traded. That's a good sign. Lots of turnover and profit taking has been done.

Also means a lot of coins have a much higher baseline than the initial 10k sats.

Right,

We have supressed every early whales willing to make only x3 when we must make x50.
Expect a ton of "I wish I haven't sold" next days.

When large whales exit a market it will ALWAYS spark a panic sell off - the difference here is that the coin is extremely undervalued - even if you discount the fact that the dev is verified, the product works, is verifiable (login to the site and play around with it!), there are only 1.15 million coins in existence. Even discounting that, on a raw total coins to Satoshi matchup this is absurdly priced. For that reason alone it will go upwards of 100K in the next 24 hours. But on the actual, substantial qualities this coin posesses - that is what will push it upwards of 200K and 300K.

Don't be a mug - Hold your coins, especially if you hold 1000 or more - you hold at least 0.1% of the entire coin supply. This is a multi-million dollar coin market cap wise - that's just a given with what we have seen presented in these early days and what is available to test for yourself.

There will be new whales entering the market and whales leaving the market - if you want to see how that all works go check the alltime graph for BC, DRK or Cloak. But just as if you could go back in time you wouldnt have dumped cloak for 15K, or DRK for 0.001 or BC for 800 Satoshi - you DO NOT want to dump this one this early.

Even if it was the most copycat, useless, coin in existance - it would still be trading for more than it is now.

From experience this guy sound like someone who is going to dump. Run while you can. Sell your coin now. Don't even think about it.