Quote from: theoriginalanomaly on August 30, 2014, 02:54:42 AM

Quote from: holyprofit on August 29, 2014, 10:34:47 PM

Quote from: koby on August 29, 2014, 10:04:21 PM

What's the price prediction of this coin?

It's so expensive maybe I can buy only 90 of them is it worth for me for the future potential?

Seriously? I wouldn't trust anyone's price prediction about anything because no-one knows. Also
I would be more concerned about risk than reward. However, it is worth noting that

a) the dev team is publicly and actively working on and developing this coin and are not anonymous
b) they have built a huge amount of trust in XC - you can see this in the solid a slowly rising bottom - so the risk feels
significantly lower than pumper dumpers like bitsharesx - I'm sure that has some great development and ideas behind it
but it just lost all my interest at any rate.
c) there are only 5 million coins in existence and no-one is selling them. c.f. 21 million btc 84 million ltc. You can do the sums.
Of course there is not much action up right now either but if/when the btc start to flow into alts again ...

*face palm

So bitsharesx is a pump and dump cause you lost interest? Do you even know what a pump and dump is? It's when you fork a coin, call it something else, instamine, dump, rinse and repeat. It is kind of the opposite of bitsharesx... develop an idea for over a year, code it from scratch, and continue development.

A quick rise and fall in price isn't a pump and dump... Almost all, if not all new coins follow the same pattern of finding an equilibrium. Check XC's price history.

Gee thanks for the lesson - and for tolerating my obviously asinine comment. Here you go

http://www.investopedia.com/terms/p/pumpanddump.asp

Oh look - it applies outside crypto world too - Whatever, it's semantics - call it what you like but the insta-rise was artificially manipulated - the troll boxes were completely insane and now the fans have miraculously disappeared.