Topic: Is the current Mysterium spike pump or pre-pump? (Read 1318 times)
Myst is not a reliable project, the dev team went to vacation after ICO ended, they should focus on developing instead of travelling. Myst need Chinese as users to become bigger in the industry.
Now it is looks like more like descent of the submarine 
We will see after roadmap....
We will see after roadmap.... 
The price of Mysterium (decentralized VPN project token) started increasing yesterday along with the trading volume, reaching almost +50% at the peak. It might have been just a simple pump, but I'm not quite sure about that.
First of all, the price increase and trading volumes were not that high, I would expect much more from a pump. But most importantly, everybody who is familiar with the project knows that the developers are publishing news on their progress at the end of every month. Why would someone pump a coin a bit more than a week before the development news are expected? The best time to pump would be just after the news, right?
My speculation is that it might be a pre-pump, i.e. whales filling their pockets before the actual pump, which might be planned for the end of the month when the news are expected to be published. What do you think?
I'm asking because if it is a pre-pump as I think, it might be a good time to buy now and wait for the pump.
The MYST/BTC Bittrex chart: https://bittrex.com/Market/Index?MarketName=BTC-MYST
This time it could breaks. Many points to what you wrote so we will see what time will bring for this, but actually this time and way how it goes can be significant when it comes to buying. First of all, the price increase and trading volumes were not that high, I would expect much more from a pump. But most importantly, everybody who is familiar with the project knows that the developers are publishing news on their progress at the end of every month. Why would someone pump a coin a bit more than a week before the development news are expected? The best time to pump would be just after the news, right?
My speculation is that it might be a pre-pump, i.e. whales filling their pockets before the actual pump, which might be planned for the end of the month when the news are expected to be published. What do you think?
I'm asking because if it is a pre-pump as I think, it might be a good time to buy now and wait for the pump.
The MYST/BTC Bittrex chart: https://bittrex.com/Market/Index?MarketName=BTC-MYST
It seems that the market makes have decided to keep the price low for a bit longer. But I don't really believe it can get much lower, so I think it will bounce from the bottom at around current levels.
You are probably right, Myst is deeply undervalued now, but some good news from developers would also help. But with the new developer they hired the progress will be much faster and I'm sure we will see some good news from them very soon.
It seems that the market makes have decided to keep the price low for a bit longer. But I don't really believe it can get much lower, so I think it will bounce from the bottom at around current levels.
An the news are finaly here 
https://medium.com/mysterium-network/team-mysterium-september-updates-346cab8e9e57
https://medium.com/mysterium-network/team-mysterium-september-updates-346cab8e9e57
So let's see how the market will react to this. As they say in the news: "Our aim is to have the initial Prototype with the first nodes available by January.".
That would be great as we would be already able to test the decentralized VPN functionality
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
You're totally right, a real world test still has to be done to prove its viability. However, for anybody who's considering investing in the project it's quite clear that after such test, if succesfull, the price will be at least one order higher. It's the same risk-profit balance as anywhere else.
Yes, but that is a long term problem. I was wondering about the current price and the possible evolution in the next few days.
So, as was mentioned before, the short-term situation is pretty obvious. Devs should publish development news in less than a week, which should make the price go up
An the news are finaly here
https://medium.com/mysterium-network/team-mysterium-september-updates-346cab8e9e57
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
You're totally right, a real world test still has to be done to prove its viability. However, for anybody who's considering investing in the project it's quite clear that after such test, if succesfull, the price will be at least one order higher. It's the same risk-profit balance as anywhere else.
Yes, but that is a long term problem. I was wondering about the current price and the possible evolution in the next few days.
So, as was mentioned before, the short-term situation is pretty obvious. Devs should publish development news in less than a week, which should make the price go up
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
You're totally right, a real world test still has to be done to prove its viability. However, for anybody who's considering investing in the project it's quite clear that after such test, if succesfull, the price will be at least one order higher. It's the same risk-profit balance as anywhere else.
Yes, but that is a long term problem. I was wondering about the current price and the possible evolution in the next few days.
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
You're totally right, a real world test still has to be done to prove its viability. However, for anybody who's considering investing in the project it's quite clear that after such test, if succesfull, the price will be at least one order higher. It's the same risk-profit balance as anywhere else.
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
That's the pure true and the great opportunity for developers. If they could be able to test their project in this countries, it will be for the next investors great impulse to jump in. I hope the devs are reading these comments. But maybe they already have this idea in their heads and maybe we will find it in the next news.
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
I can understand the excitement but this still has to pass a real world test. Currently, there are at least three countries' governments I know that actively move to block content for internet users. This is China, North Korea and Iran. There could be more, but I doubt any are as active or as good as these three. If the project can show success in all these countries, even with small case studies, then I am sold.
Thank you for all your replies guys.
Dolphins maybe. When you meet a whale, you won't need to ask like that
Well, it depends. It's called pre-pump or accumulation period, because you (the whale) want to get the coins at cheapest possible price. You don't want to spike the price quite yet. And that's what I think we are seeing right now.
Guys, someone just bought 40 BTC worth of Mysterium on Bittrex... whales getting on the train?
Dolphins maybe. When you meet a whale, you won't need to ask like that
Well, it depends. It's called pre-pump or accumulation period, because you (the whale) want to get the coins at cheapest possible price. You don't want to spike the price quite yet. And that's what I think we are seeing right now.
Guys, someone just bought 40 BTC worth of Mysterium on Bittrex... whales getting on the train?
Dolphins maybe. When you meet a whale, you won't need to ask like that
Guys, someone just bought 40 BTC worth of Mysterium on Bittrex... whales getting on the train?
Looks like it. And if this really is a whale accumulation of cheap coins as I think, we should se a pretty nice spike of the price in the following days.
Guys, someone just bought 40 BTC worth of Mysterium on Bittrex... whales getting on the train?
It is a lot of MYSTs:D supplies for anybody?
Guys, someone just bought 40 BTC worth of Mysterium on Bittrex... whales getting on the train?
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
According to increasing volume big money would be come into the markethttps://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
Nearly there. Are you thinking about an additional buy?
I would buy more now, but I have everything stuck in other coins. Maybe I'll sell some of them to buy more Myst before the dev news are out though.
You should, there is a high chance you'll make a big profit if you buy before the end of the month. It's regular like a clok. The dev team publishesnews on their progress every month and every month the price spikes. Easy as that
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
According to increasing volume big money would be come into the markethttps://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
Nearly there. Are you thinking about an additional buy?
I would buy more now, but I have everything stuck in other coins. Maybe I'll sell some of them to buy more Myst before the dev news are out though.
LOL, and another one, today is the Myst-in-the-news day
https://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
According to increasing volume big money would be come into the markethttps://btcmanager.com/mysterium-decentralizes-vpn-services-promote-privacy/
And it seems that the increasing attention is also starting to be reflected in the price, which is rising again quite sharply.
Nearly there. Are you thinking about an additional buy?
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