Topic: [ANN][CNL] ConcealCoin | No Premine | 24 hours POW! LAUNCHED! BITTREX! - page 19. (Read 97913 times)

Definitely a risk but this whole thing smells of a set up.

Dev said he wanted to buy 2%?  Well, I'm now at 120,000 at average of 800.  That's almost 2% and I only found out about Conceal 2 hours ago.

So that means the dev has over 10% or maybe 20% already.  

Then again, this could have been a major pump and dump and I just lost some good money.

We'll know soon enough.

Enjoy your precious bag

And when all the panicing stops when all said and done it will still be back over 2k at least. This is panic sellers keeping it down but new buyers won't sell this low.

I challenge all of you to remove your sell orders for one hour.
This coin wants to move up naturally, sell orders are keeping it down

Thanks for the cheap 100,000 coins [suckers].

Bwhahahahaaa.

Rapid buying is going on!

price up alittle.

If you like Star Trek  please check out QTL   Quatloo coin.  It is mineable on ipominer and is one of the most profitable scrypt coins atm. just thought you guys might like this one.

mooncoin is the one that pumped some money into my veins. It took me to the moon. I did good on karmacoin before it crashed out.

That's right. I'd also direct everyone's attention to Karmacoin - A mildly similar situation to this coin; the dev scammed the community, the coin was dumped from 14 Satoshi down past 1 Satoshi then was relegated to the litecoin market where it hovered around 7-9 Litoshi at its worst. From there, the community took over under 2 men and grew a dev team out of nothing. Within 2 months Karma was trading over 100 Litoshi - within 4 months of being relegated to the Litecoin market it continued its rise to a peak of 600 Litoshis before backing off and consolidating once more.

Also remember that Karma had a confirmed failure for a dev who actively sought to destroy the coin when he found out the community wanted to take over. We are in no where near the trouble Karma was in at its worst and still that coin gathered a solid team together and slowly rebuilt.

Be patient - give the dev a chance - who knows, for all we know he lost family on the Malaysia Airlines flight or some other personal tragedy might have befallen him - shit happens. Remember DRK and its period of dev inactivity or Cloak just a couple of weeks ago? The price hit 138,000 Satoshi and then the dev didn't provide the community with to-the-minute updates and within 24 hours of silence from him it crashed to 64,000 with everyone calling it a scam; only to pop back up when he reappeared later.

Be aware that this happens all the time in the crypto world - usually because despite the significance cryptocurrency plays in our lives personally there are far more pressing concerns in the real world and sometimes we have to remember the bigger picture - the world and its problems extend well beyond the ups and downs of a virtual currency.

Many of them are missing the big picture 

i am also holding 40k

I'm holding cuz You know why !

Doesnt matter were the price goes. Every time I buy and sell with 6-7% profit 

This is the coin which on the first day was listed on three major exchanges.

It was mined like crazy by many.

Good working POS!

Community already in placed but in tattered condition.

Great future is ahead when community takes over. Look at korecoin, it was dumped like anything and now trading over 7k.

+10000

If the community takes over this coin would jump up for more than 5k. Mark my word.

If you are considering selling this coin for 20% the price you bought them for you might want to take into account the following:

- The coin's launch while not perfect was fair as far as can be determined.
- The coin works, transactions are functioning as they are meant to.
- Proof of Stake works, while not many people are actually staking right now it does for all intents and purposes work correctly.
- This crash has been brought on not by the release of damning information or catastrophic failure with the fundamentals, but by the simple absence of activity from the developer for a few days.

Don't invest what you can't afford to lose, but don't go dumping a coin for no reason other than you haven't heard from the dev for a few days, especially when the coin itself is working nicely, The POW to POS transition has gone perfectly and other than fear there is no real reason to sell this low.

Just wait it out - worst case scenario the community takes the coin over. More likely than not however there is a reasonable enough explanation for the devs silence.

Don't buy if. You can't risk it

I never said dev anything

Look guys dev has clearly mentioned in op that it would take 10days to buy 2 per of coins as there was no premine. Yesterday he was online. We should not be so attacking on losing these coins. Just wait and see. We have already been losses so little wait would either cause more lossess or profit. just wait.