Topic: [ANN] (WC) | WhiteCoin | BIG NEWS: Foundation, investors & more ☯ whitecoin.info - page 482. (Read 759219 times)

So 2.3 more days of mining? Expect more dumps incoming.

I'm almost sure there will be a price rise not because of the PoS change but because the wishful thinkers believe there will be one.  That scenario creates a proverbial "low hanging fruit" for a whale(s) to pump the shit out of a coin to make the casual investors think it's organic due to the PoS changeover.  Pump it high let people buy in and dump it.

Whales are always around when volume is high

none of 'upper management' of this coin have a clue as to the direction of it. it's diabolical to take a look at- they might as well be brand new to computers let alone creating and managing cryptocurrency

I'm a large holder, just stating the reality.
this coin is a copy paste, it has no real merit (doesn't mean it cannot be successfull as plenty of shitcoins make people a lot of money) it will have to ride on community adoption: especially concentrating large hashrate at a mining pool starting from the very second POS starts, and most importantly big buy-ins by whales, from there you get hype and a snowball effect, If it cannot achieve that level of big buy support that many are waiting for very quickly you will see capitulation and big drops

Because most people are just wishful thinkers .
There is indeed a reason for this thinking , the usual claim the more demand is created with less supply , but that wasn't the case of rising price in any case.

The only reason until this day was speculation on news and massive pumps.
Take a look at coins that have almost finished mining , supply is at is lowest yet they fail on launching to the moon.

Just switching to pos won't help that much any coin right now. There are loss of clones flooding the market so this one has to have something special to get out of the pack.

why does everyone thing that PoS means instant increase in price?  Cinni coin hit PoS yesterday and still has not gone up in price.  And who ever said the devs are too busy to post here is naïve to say the least.  If the Devs were working on something the best damn thing they could do is come here to announce it.

Because most people are just wishful thinkers .
There is indeed a reason for this thinking , the usual claim the more demand is created with less supply , but that wasn't the case of rising price in any case.

The only reason until this day was speculation on news and massive pumps.
Take a look at coins that have almost finished mining , supply is at is lowest yet they fail on launching to the moon.

Just switching to pos won't help that much any coin right now. There are loss of clones flooding the market so this one has to have something special to get out of the pack.

why does everyone thing that PoS means instant increase in price?  Cinni coin hit PoS yesterday and still has not gone up in price.  And who ever said the devs are too busy to post here is naïve to say the least.  If the Devs were working on something the best damn thing they could do is come here to announce it.

why does everyone thing that PoS means instant increase in price?  Cinni coin hit PoS yesterday and still has not gone up in price.  And who ever said the devs are too busy to post here is naïve to say the least.  If the Devs were working on something the best damn thing they could do is come here to announce it.

anyone notice premined coin? becare and goodluck

Agree.

Once the mining has stopped, there will be no more miners dumping, thus creating more demand while lowering supply.

I bought some more at 840-880

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dump coming

dump coming