You can mark this post and I can easily be wrong. But this is how I see it played out. On crypsty they accumulate at 2 sat for a while let the btc bid at 2 sat on crypsty get pretty low.
Then a bunch of selling comes in as people try and sell at 2 sat that were holding out.
That is when the accumulators make 1 of 2 possible decisions......
1. They take all they can get at 2 then put up a massive btc bid at 2 spurring price to start going up and rebuying at 3 what many had just sold at 2. ( Talking like 32 btc + on bid at 2 )
2. Second option is they let it slide to 1 satoshi where they start accumulating all they can for days/weeks.... however long they can get sellers.
Ultimately I am putting my money on at some point it trades well above 3 satoshi. WELL above. Yes, it could be today it could be a while from now, but it will get there. When you pump a coin like mooncoin that had nothing, you cna be sure a coin that has plenty coming in the pipe will and is being heavily accumulated. ( also manipulated with the big sell walls buried deep in the ask, to not get executed before they are ready )
I could be wrong sure... but so far my balance says otherwise. Yes, I did miss the mooncoin accumulation at 1 sat, I will admit that. It took a lot of willpower and btc but they pulled that off. ( My mistake was I didn't think they could get a worthless coin with nothing off the ground/pump, was wrong. I mean they even copy pasted the doge logo on their wallet
)Gl all I am accumulating big at 1 Satoshi, if youw ant to sell pls do so on crypsty, it is where most of my buy orders are in. Thanks in advance.
I also missed the moon accumulation at 1sat. I sat there staring at it like "this coins a joke" while it was fixing to take off. I was going to buy at 2sats and was like "nahh I don't wanna give the 1sat buyers 100% profit, maybe holding the bag. Missed my chance". Ultimately, I kept doing that until Cryptsy added it and missed out on a ton of gains.
Now Moon is back down to 1sat after falling from the 30s. Cryptsy is removing the BTC/Moon pair.
Buying at 1satoshi has little risk since you can sell for what you bought but when there's no buy support, it might be hard to sell at 1satoshi and a lack of volume could ultimately mean the exchange removes the coin.
I bought Corgicoin at one satoshi, sold all I could at 2satoshis and now look at it. Dead. https://poloniex.com/exchange/btc_corg
So, it is very possible for you to buy your flaps at 1sat and the coin gets removed from the exchange, making it dang hard to sell even at 1sat.
Ultimately, if the whales want to pump this coin, Mooncoin proves they have the power to do so. Even at 2satoshis though, this coin is still being hit pretty hard by multipools.
I have buys at 1sat, totally worth the risk.
