Allegedly the only way to get coins into the exchange right now is via mining and then transferring to Cryptopia. However, mining only started about 24hrs ago and has been sluggish for much of that time. Not to mention that the bulk of the "mining" for this coin was going to come from mobile devices, which of course still hasn't been released yet.
How in the hell did 5 million coins get mined in that time? Something isn't adding up here
its still because of the miners bro they have rigs..
OK I'll go along with your reasoning but it really doesn't make any sense.
Mining started last night around midnight. How many miners with rigs do you think were lined up ready to go to mine for a coin with an ICO price of $0.01? I'd wager not many. And they're mining a coin that wasn't listed on any exchange at that point so they really had no idea what value they were mining for.
I'm sorry but it doesn't make any sense
FYI now up over 5.5 million coins dumped today
Ill help clarify this , it isnt 5.5 million dumped , it is 5.5 million in volume , so there might only be lets say for argument sake 100,000 coins on the exchange , they might have been bought and sold numerous times , the same coin , someone bought cheap 1000 sold more expensive 1000 , same 1000 coins but in total 2000 in volume , then the same 1000 was sold agian by person that bought for more profit , volume of transactions with those 1000 coins would now be 3000, so its not 5.5 million individual coins its the volume of coins trade, some being flipped lets say!!