Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
svenp
on 06/10/2014, 19:01:28 UTC
can someone explain this, this is pure insider trading, accumulate 1 day before the big bang, anyway the accumulating got them profit of 200-300% the profit which they steal from you

Sounds like you explained it yourself.  That might also explain the horrible communication; it was a way to get the price nice and low to accumulate cheap and in volume.

You ever wonder how Alty finances 'development'?  You think he works a day job and then funnels that into paying devs?  He plays the market just like everyone else except he can stack the deck.  It's easier than stealing candy from babies.

I think that after a while it becomes obvious that insider trading and bullshitting people is a MUCH easier way to profit than actually producing anything.