Good Morning Double Mint oh wait, triple Mint ...
Theory: ( I don't know if it is good or bad)
I read many blogs and want to give you guys a little heads up on a theory. Is is good? It tells me to watch out for prices and don't let this thing go too high and get stuck.
PandaCoin - You know this Wolong character. Total scum day trader! Has screwed over many people.
Anyway, he credits himself to "GOD" status in the crypto world, although, he is just a manipulator that controls sheep right into his cave.
PandaCoin was a total flop. A total Scam. Ok, There were billions PandaCoin Premined going to all this guys little cronies. The blog caught on, and did not give PandaCoin the time of day. So Wolong sold all his premined coins before all his cronies could and recklessly in a hurry. Hammered it to nothing, guess what exchange? MintPal.
So the day it opens, he pounds it down for an excess of 100 btc. On the same day, the one buyer lifting MINT from 7 to 14, same Exchange.
So, I would not say this is good. All the BTC he is manipulating with went into MINT. Which means MINT is subject to Wolong trading. Wild swings, and watch out for the bottom to fall out at some point. He took PandaCoin to nothing in 1 day.
So all his little associates are Dumping DOGE Coin and diving into MINT. Everyone is selling there shit Clone coins, that do nothing, and buying into the coin that appreciates.
Where am I going with this: I have studied this guys trading and tactics. Based off of his history, he will take this coin to a height that will not be supported after POS transition. Cover your asses, take half of your position and trade, don't buy too high! Think of it this way, he stole allot of BTC and sucked up many MINT under .20. Don't lose to this fool, and don't think to much into it. I could be wrong, but from the blogs, I am not to far off.
Just a little warning. Look at the Doge Pump. That coin is finished! This guy is a wrecking ball, so I am hoping big holders could put a lid on it, and make him chase his tail before MINT is overpriced and everyone will lose out and get a bad taste. Keep the price attractive. Slow steady growth, we don't want the bids to fall out, especially if it is one scamming group bidside.
Good luck everyone. I sold half my position at .24 and will try to buy back better.
Another note: Every weekend BTC goes higher along with alts. People are off work and trading.
Make the most of the weekends cause it will settle back come Monday (I HOPE).
Wishes: an opportunity for many new coin holders of MINT to make money and not get ripped off. The feeling of seeing your coin go down in value does not spur more attention to ownership.
Will be very interesting to see where this coin will go. I do see many people selling other coins to get into this. Just hope there are coins to go around before the only crypto coin still standing will be MINT.
Also goes to show that coins that pay interest/dividends are wanted, needed, and marketable. Lets be the leader, the gold-standard. Sell every crypto you own and only own 1. I can't even get interested in all the junk out there. It is all the same, except MINT!
Good luck and hope I am not thinking too much, but heads up!
Vert interesting, +1