hehe, i aint got that much really.. not mining with allot of power. but the staking is so sweet. if one has teoreticly 100.000 Mar you`d have allmost 200.000 mar after a year, (assuming staking diff stays the same).. totally batshit crazy! so if the coin one day climb to 0.5 dollar.. you would be fuckin rich. also saw that 10.000 mar got sold for 680 satoshi.. thats soo cheap. if i had money i would buy for sure.
I doubt you will successfully buy for that cheap , in any generous quantity.
The market is controlled by 1 person atm.
He
sells to himself for low (like 680 sat).. and then gets YOU to place a bid "above" his 680 sat. Once you place the top bid... he wont sell to you again.
Instead....he begins to
buy from himself, all of a sudden...to start raising the price... to make u start to panic... so that you will buy off him for Higher...before the "price takes off" rofl ^^... or at the least.. get you to Raise your bid..higher. And the Higher u raise ur bid...the Higher his sell order becomes. Until you either buy off him for High... or ...your bid has been raised enough (in panic) for him to sell to you for... at a profit... from his previous "victims" rofl (or to cover buy/sell fees..for selling/buying to/from himself)
I left a few pieces of his strategy out. But thats the general jist.
Watch out for those ones
it`s a easy market to maniplate though.. what would be nice was if he could buy from himself in large quanta so it looks like there actually are someone buying this coin.. now a days it`s not as much as 1000$ a day... and that sucks..
Too much fees to buy from himself in large chunks in one go...at one price, i think.
Thats why he does it consistantly in little pieces and from little chunks.
So that the price drops down by the time hes brought up his whole bid. And the fees get less and less.
But he sets bids in the thousands (MAR) often. To make you place a Large bid also.
That way, he gets an idea of how much a buyer is willing to spend.
Then he calculates it..and plays you until youve spent all that you have rofl.
But at times...He Does buy from himself in the hundreds tho (even in the thousands sometimes), from time to time. To make it "look" legit...and to make you "think" u have a chance at someone selling to YOU in the hundreds, or thousands.
He does this to panic the bag holders....making them think that everyones dumping. Then a bag holder might panic....and dump a HUGE amount, on one of HIS bids haha. (Thats where his REAL profit comes from, when he hits those ones.)
Ive "toyed" with him a few times in the past. To see if i could cripple his strategy. And i did lol.
I left it like that for daysss. To see how long it would take him to get around it. And he couldnt figure it out rofl.
So i removed my "spanner"..to let him drop the price in the end. So I could buy for cheap as well lol.