Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET - ICO conducted by BTER + ...
by
jl777
on 06/09/2014, 16:02:16 UTC
Lol! Buy 3BTC of #superNET for 0.0100020, sold immediately for 0.02.. a good day's work!

Thanks James Smiley
How? where where you able to sell anywhere, much less for 2x bter price?  Huh

BTER allowed to trade at first... some sold for 500 NXT so instant 5x profit

I made 3 BTC -> 6 BTC,  so earned 1500$ within 60 seconds. holy sh$t... best hourly wage I ever had.

Nice one, ain't it?  Instant cash profit!

Well I'll be damned.

The fact that this happened shows how utterly confused people are. It's so hard to believe everyone is just throwing their money at something so utterly confusing and convoluted, this ain't gonna end well.

seems to me this happened inbetween 2x 50btc blocks. in this case the buying mask will automatically list the next selling price. But still those people buying at 500% should have double checked.
my mistake was not anticipating the buying panic for an unlimited supply with a 2 week gradual increase
I did not think for a bifurcated solution only allowing sells after some days