Quote from: PalmerEk on September 24, 2014, 01:15:15 PM

Quote from: coinflow on September 23, 2014, 11:37:39 PM

...aggregated rewards being sent to another address ( 2LKFcMY6Uk3qYqA4NYbgDS274ei2kx3BNf ), which I suppose is Cryptsy's, because when I observed it over a certain timeframe, exactly those amounts were some minutes later sold on Cryptsy. We cannot countercheck this at the moment, because Cryptsy's wallet is under maintenance. But I'm sure, as soon as Cryptsy reopens the wallet, all the summed amounts from over the last days will be sold there and after that we can see transfers like linked above being sold there again, too. If you check those blocks, where the aggregated amounts are transferred from that address in question, you'll most probably never see any single amount below 200000 being sent from there ...

I'm not wise in the world of trading but [read: clueless BS to follow]

If someone has been plucking the sweet rewards only to dump on Cryptsy AND Cryptsy's mooncoin wallet is under maintenance so they haven't been able to dump yet AND we keep pushing the price up via buy walls, isn't that a bad thing? Would it not make sense for everyone to pull back their buys to 1 litoshi now, then when the "player" dumps we ("the faithful") can pick up the fruits of his labor cheaply, afterward re-establishing the price at 5,6,7 litoshi? Right now it would appear that "we" have just made it much more profitable for him to dump then it was a week ago.

Again, I write code not trade currencies so please explain why I don't understand.

If the price falls, so will the difficulty, hence the same profitability for the miner(s) and problem as before, only at a lower price-level.

Edit: The only thing that would help was, if all other miners except the cheating one(s) would stop mining. So they could not only mine the highly-rewarded blocks, but had to mine the other ones also.

Edit 2:
If you'd like to check the profitability of Mooncoin in comparison to other coins, see here:
http://cointweak.com/ (... omits Cryptsy at the moment for all coins, but the owner of the site is working on a solution)
But keep in mind, that the profitability is only valid for the average numbers coin mined over a certain time regarding the random-scheme of rewards (and therefore only if nobody cheats and does not get all the good blocks only).

Edit 3:
In one thing you're right: It would be funny, if the price was only 1 Litoshi in exactly that moment, when Cryptsy's wallet is open again and his coins are going to the market. Cool

But as we don't know WHEN that will be and we most probably cannot reach every bidder on Cryptsy, this scenario will presumably not be realistic ... Huh

Furthermore a coin is in danger of being delisted, if there is no trading-volume on the exchange anymore and/or the price is as low.