Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted. - page 177. (Read 739163 times)

So we aiming for 5k CINNI this weekend ?

http://www.mediafire.com/download/49w5yo2cy7my4xr/Cinni+Anonymous+Transfer.pdf
No. It's very possible that devs decide to ninja launch it, the community asked for this in order to avoid pre-announcement pump, and to reward the long term holders but they didn't confirm if they would do this that way.

Do you expect the real rally to start after the new anon-transfer feature is released? Haven't seen a link to the whitepaper.

Yes. I am wondering if there are any updates regarding estimated release times

Great explanation at exactly whats going on with Cinni, from the LTC subreddit.

Source : http://www.reddit.com/r/litecoin/comments/20sm0d/whale_price_manipulation_and_why_its_difficult_to/

Wonder what just happened with LTC? It was meant to be going to the moon when Huobi opened LTC trading, and all seemed to be going fine, but the price collapsed suddenly with minutes to go.
It was a whale pump and dump, and this is how it works:-
Whale(s) look for good timing for a pump e.g. when there's a great story, like Huobi LTC trading coming online
The initial rise in price is natural and rational. The whales join in buying repeatedly in different amounts to keep what they are doing undercover. They begin to drive up the price unnaturally.
Eventually an accelerated rally starts ("the pump"). Everyone wants to get on the train. The whales have to do less and less. In the end they just make judicious purchases to keep the rally on track. Everyone is going to the moon - well, not quite everyone!
As the price rises accelerate, the whales start thinking about when's best to exit according to the risk/reward ratio. Then they decide.
Boom!!! Their accumulated stash of coins are dumped/sold all at once. A huge vertical redline appears on BitcoinWisdom.
Whale says: I am very happy. My overall buy orders where spread the length of the rally, weighted to earlier stages when prices were lower. But when I dumped my massive sell order benefited from matching against all of the top buy orders. I made a ton of money because my average buy price was much lower than my average sell price. Now, urm, there are no good buy orders remaining for anyone else to exit nicely with..!! soz guys!! Hmmm thinking about creating a bull trap rally now, maybe you can try profiting from that?
Joe Trader & noobs say: f--k f--k where hv my profits gone ;-) If they sell immediately they can save some profit, or maybe minimize their losses. This is when the panic selling starts - except it's not really panic selling, because once the whale has dumped, it really can trigger a long and horrifying sell off because of the shock to confidence. You really might be better off panic selling like everyone else....
The fix? There isn't really one once you're into a pure pump and dump situation (unless you're a whale who can perhaps dump on another whale) In the case of the pump related to anticipation of the start of LTC trading on Huobi, the original rises were justified because Huobi adoption is a major stride forwards for Litecoin. But the whales transformed it into a pump. If you got in early because you saw what would happen in relation to the Huobi, you are sitting pretty so long as you didn't "let your speculation run into an investment".
But if you jumped onto the pump, you were always risking getting burned. Once on a pump either you jump off too early and don't make the gains necessary to justify the risk of taking part in the first place, or you risk getting caught in the dump and lose big time. The bottom line is that the whales' capital gives them a huge advantage because they can sell with a single keystroke and only they know when they're going to do it.
This is a general problem with trying to ride altcoin pumps.
If you want something more sedate (relatively speaking!) you can try bitcoin trading. The greater liquidity means whales have less power and because bitcoin is further fowards in terms of adoption (e.g. you can actually buy things with it) price movements are more closely tied to news and trends that you can analyze and trade against. Perhaps not quite as fun as pump and dump - and I confess to deriving great enjoyment from the later stages of the Huobi LTC roller coaster myself - but certainly better than being a "pump rider" full time.
About me: I am a pro bitcoin trader and entrepreneur. I tweet on bitcoin and altcoin and will also shortly be releasing free trading technologies that were originally developed for use by my own crypto fund.

OK, im not going to argue with you. If you dont get it, then you dont get it.

Have you already read our white paper?

There are a lot of former DRK holders who are ready to move on to another ANON coin

Any updates on the progress of CINNI in that area? I know it will be built on top of the existing encrypted messaging platform.  Any update soon might help bring in a ton of buying pressure as those who sold DRK for BTC are starting to reinvest in an alternative....

Not true look at this, someone from the community put 47 btc sell wall up to hurt the coin, after that i sold my coins bcs the guy holding 1% is very retarded

After the sell wall he posted that he lost so much on cinnicoin for what reason???.....

No.
Its a simple strategy to create panic selling and make profit from the spread. Easy money taken away from weak hands.

That's no whale, it's someone retarded in the community that has something against the coin. Wants to see you suffer.

Same nerd who flashed sell walls starting from 24K

Lol they wish. Who would sell their CINNI's at this price? One must be really an idiot- or bankrupted.

I think there is an attempt to push the price down to around 7500 sat, force people to sell out to the current buys. So I think there will be great buys between 6900 and 7800.

I have seen walls instantly disappear when people get close to buying into them. Sometimes they are fake walls to keep the price down.

Unfollow people who not follow you and then add new people.
When you dot that x times you will grow.

this is such a great coin... we need some mobydicks around here

The Whale concept is lost on me, forgive me.
just buy/invest.
Get this coin on major media in the cryptos trades NOW!

if i had the btc enough to do it i will already all in in cinni . i just keep buying now from mining profit .
maybe some good big whale here will be intrested to eat this walls ! hope some one get half of he's stash at least so he stop playing with market like this

Well one thing might be clear and be good simultaneously; last time this happened the market exploded upward relatively soon after. If people get together in a collective and knowledgeable fashion in a chat room and decide to all work together to eat the walls - cinni might bust through 20k to a lot higher.

who can say no to pump ! . he win in 2 coins is good why to scare ppl . want more cinni sit buy walls and get more . while he buy price go up slow and steady i feel bad intention from this whale