Topic: [ANN][MAMM] MammothCoin | TRUSTLESS WALLET UPDATED! V.3.1 (Mandatory) - page 31. (Read 181584 times)

yes exactly, it could be a whale investor too

i just think even if it was manipulated to say it was dev only is wrong it could be a whale investor, when buying a coin the tech must work thats the main thing. as far as it falling from 7k well super coin fell from 15k sats

Like I said, I'm only explaining what happened since I was on the ground during that moment.

if i was dev and my tech is groundbreaking why wouldn't i take advantage and make some money. id buy 1btc and watch it fly. at the end of the day its because of dev we have the tech why would anyone have a problem with dev making money as long the tech is legit. would you have a problem?

If the launch and initial mining were fair, the devs don't have a step up on anyone. I'd say the only 'evidence' of them trying to take advantage of their position would be a big buying effort right before a tech update. . . And even if they did do that, it would be evidence that they believe in what they're doing.

i still can't see it being manipulation as i was very active at the time super coin rose to 15k sats. people were hyping mamm as it was helping in phase 2 and considering mamm had fewer coins than super it should be higher plus say there was manipulation what benefit to dev. they have still been working hard and gonna deliver even at these low prices thats dedication. the low price of the coin is to do with its name

There weren't any weird volume numbers at the time, I mined from start and kept eye on bittrex everyday. The largest sum sold since start was 70k at once and i happened to buy all of that. It has just been following the supercoin price at about a third of their price nothig more nothing less.

This is just a nice price to get in before the actual tech is implemented, after that supercoin and mammothcoin actual value should be a lot higher. Keep in mind this could be treated as stock trading and it's obviously mostly based o speculation, meaning the bittrex price doesn't really reflect the real potential value of certain technologies.


End note, im happily sitting on my coins and gasthering more when i see opportunities.

I was on the market this weekend when Mammoth rose to 960 satoshis. Supercoin released the Phase II Update and I decided to take a look at MammothCoin and the price was pretty decent. I actually had some good technical reason to buy in addition to the fact that they are testing the new system on Mammoth. So I told my Supercoin friends about it and bought some:



When we got in the price rose to 500 satoshis and beyond. Someone put a buy order around 600 satoshis and it stayed there for a while. This was a very casual trading activity for a dead coin like Mammoth getting good news.

However, at this point things got a little bit weird, or what I would call "unusual market activity". Someone with a very large purchasing power was willing to pay a lot of BTC for some MammothCoin and bought huge sell walls until 770 satoshis. This trader backed his trade with a huge buy order at 750 satoshis so the price wouldnt go down.

Now, I'm a trader, my job is to make winning trades. I saw that it was very easy to push to 960 satoshis and I brought this trader with me until he put a huge buy order at 840 satoshis. I sold my trade with profit at 940 & 750 and I saw that the huge buy order stayed there for a while at 750 satoshis until someone smart decided to sell him some MammothCoin.

This is the price activity and a few of my trades:





I don't know if the price activity brought someone with a lot of purchasing power in the market or if it was manipulated by someone with a lot of MAMM, but the price is now back to its true value at 450-600 satoshis where I first got in and MAMM found its true value.

there was no manipulation. mamm reacted according to the way super coin rose as they were in the same boat. no price manipulation here. if super coin was still trading at 15k sats i would understand it, but both fell. super coin has reacted quite well after some news about phase 2 but we are still struggling

bittrex only goes back so far it seems. take a look here http://coinmarketcap.com/currencies/mammothcoin/   not going to further speculate on if the dev was part of the first pumps to 7k then 5k but it would be naive to think they had nothing to do with the price manipulation

I haven't got one, part of the problem. The best I can do is be public and I'm easy to look up. If the price soars and I don't make my donation, I look like an ass and everyone knows who I am if they want....Would be better to have a guarantor though for sure.

Curious, is the big dump at 7k still visible somewhere? Can't see it on Bittrex. How much of a percentage of the total coin supply was the sale? Why do you expect the dev made the dump if they didn't have privileged access to mine coins? Couldn't it have been anyone who started mining early in a big way?

who is the guarantor

This is helpful thankyou. I'm thinking the best way to explain the difference here then will be through the escrow aspect. No other coin is treating it that way yet from my understanding. There are however other coins offering a mixing that occurs across a network of equal nodes.

Would you be willing to make a similar pledge to an animal rights group? That would very quickly dispel the criticism and there is little risk to your personal wealth at this point. I've only pledged my donations starting at basically a %5000 percent growth. If/when that happens, any of us interested in the long term prospect of this project should be more than happy to donate some of our new found value. This is how its worked for many coins. Seeing as there is no premine and anyone holding coins, including devs, obtained them on equal ground, its up to the community to make the charitable aspect work. Promises are good. We need lots of promises from many coin holders besides myself. Dev pledges are of course the most respected though. . .

MammothCoin will be first one who has this technology (see below) before any other currency.


Source for more details: https://bitcointalksearch.org/topic/m.8297017



time to sit and think for those not like the technology we bring about!

and i appreciate remi pledging to animal rights when the market cap reaches certain points but that still does not mean the dev has any plans to help in the future and has not said anything about what they are going to do except vague statements.  like what organazation does the dev plan to give to. does he have an address with mamm in it already.  is the organazation on board? there was a big dump of this coin a 7ksat so dev most likely has quite a few btc already.  who knows maybe he just has a pet dog he highly respects and calls that supporting animal rights.

how do you support animal rights? you still have given no information on this at all.  its one thing to promise tech and not deliver but its another to act like you are a charitable coin and not be, EXPLAIN. Oh and cloakcoin just released the first trustless system 2 days ago, its even on wikipedia now as being first truly trustless coin... looks like they beat you to the punch.

That's the nature of a new coin. It all has to be promises. There is no financial resource yet or new coin technology. If it hasn't been completed yet, how do you expect anything more than promises?



Knowing already what will be scrutinized, I'd like to be able to strengthen 2 of these dev points.

Supporting Animal Rights
At this point, this is impossible, so all we can do is pledge to do this in the future. The same problem of resources comes up when looking to fund marketing. There is no financial resource here yet. The total market cap is 20k, which is nothing. The best any of us could do, is sell our entire stake in MAMM and donate the measly proceeds to an environmental cause. Soooo, here is my pledge, I hope others will join me and we can post this together as a community.

For every 500k market cap MAMM should exceed, I will donate .5BTC worth of USD to The Nature Conservancy at nature.org. So when/if it passes 1mil market cap, I will donate another .5BTC making 1BTC total. If it passes 5mil, I will have donated 5BTC in total etc. . . .Anyone else want to match my pledge or something similar? If a few of us can do this, and publicly, we can make it legit and add it to the website and video. Public is important if you can do it. I'm an easy guy to look up, I have no intention of publicly cheating on donations I've pledged to charities - who would want that type of reputation? Make a pledge people, this is how we make Mammoth's environmental characteristic legit.


The First Truly Anonymous Coin
I definitely want to be able to use this, but I need a bit more about how coinjoin is superior to crypto-note anonymity. How is it MORE trustless? The advantage over central nodes is pretty obvious, but this coinjoin vs cryptonote aspect I don't quite grasp yet. . .Ultimately. We need someone like me to "get it" so that I can help others like me to "get it". . . .got it?


Would be great to have this moving this week, so next week when testing is done, I'll slam out a video for us.

proof us dev!!
we are tired about the promise-promise in the crypto world
that's what we need, show us the real work you've done

Thanks! I actually never left though, always been lurking around here.