Topic: rumors of up and coming big MazaCoin Pump? any news? (Read 4679 times)
Sneaky, I guess I can only just warn the users
why were they buying mazacoin right before they were supposed to have a pump?
Because that is how the pump and dump works, they buy the coins cheap well before the actual pump.
By the time they 'announce' the pump coin, they already have their sell orders stacked.
If you dont know what the coin is long before the pump, then you are the one who is getting dumped on.
LOL
My question was rhetorical man
But thanks for the lesson anyway.
OP, Please change thread subject to "Rumors of up and coming big MazaCoin Dump?"
why were they buying mazacoin right before they were supposed to have a pump?
Because that is how the pump and dump works, they buy the coins cheap well before the actual pump.
By the time they 'announce' the pump coin, they already have their sell orders stacked.
If you dont know what the coin is long before the pump, then you are the one who is getting dumped on.
Emerald Pumps cancelled a Mazacoin order due to cryptsy's technical issues.
why were they buying mazacoin right before they were supposed to have a pump?
https://twitter.com/EmeraldPump/status/442811572025847808
why were they buying mazacoin right before they were supposed to have a pump?
https://twitter.com/EmeraldPump/status/442811572025847808
Think the pump was actually for Mint, it had big sell walls on mintpal, and has now
gone.
So guessing, it's Mint then possibly Maza. So that's why they are still buying a load
of Maza while it's still cheap!
Emerald Pumps cancelled a Mazacoin order due to cryptsy's technical issues.
why were they buying mazacoin right before they were supposed to have a pump?
https://twitter.com/EmeraldPump/status/442811572025847808
why were they buying mazacoin right before they were supposed to have a pump?
https://twitter.com/EmeraldPump/status/442811572025847808
I'm gonna pump that shit out with my 0.12BTC yeah! 
anything helps
I'm gonna pump that shit out with my 0.12BTC yeah!
we were pumping cryptsy and everything is frozen sitewide wtf
I think real Maza pump will be after aurora's airdrop.
Dumped because some whales didnt have enough maza
Too busy with aurora
Now sell them some cheap maza and when all of them will be happy we will be ready for this history pump
Too busy with aurora
Now sell them some cheap maza and when all of them will be happy we will be ready for this history pump
Maza has had it's pump. There's no pump incoming.
Even if it only went back to 10, where it was a couple of days ago, it will have reached Prime coin's price (corrected for coin supply).
So it's already massively overvalued as it is for a new coin that's basically a clone with no no distinguishing features. The network effect of its recent news coverage is what is giving it its value at the moment. I'm not saying it's unjustified, I'm just saying that wishful thinking is not what endows cryptocurrencies with value and no-one posting on here saying "pump incoming" has 1 clue as to what real world event said pump might be based on.
There are 2 ways to trade:
[1] - read the news, and study fundamentals of a coin. Observe past trading history and conclude with 80% certainty that the coin is undervalued
[2] - get panicked by posters on Bitcointalk saying "pump coming, I've got a really strong feeling"
One of the above results in massive coin loss. I'll leave you to decide which one
The coin lost half its value when that New York times article came out. That's because the effect of last week's hysterical pump was far more powerful in raping the coin of its value than the restorative effect of the New York times.
Even if it only went back to 10, where it was a couple of days ago, it will have reached Prime coin's price (corrected for coin supply).
So it's already massively overvalued as it is for a new coin that's basically a clone with no no distinguishing features. The network effect of its recent news coverage is what is giving it its value at the moment. I'm not saying it's unjustified, I'm just saying that wishful thinking is not what endows cryptocurrencies with value and no-one posting on here saying "pump incoming" has 1 clue as to what real world event said pump might be based on.
There are 2 ways to trade:
[1] - read the news, and study fundamentals of a coin. Observe past trading history and conclude with 80% certainty that the coin is undervalued
[2] - get panicked by posters on Bitcointalk saying "pump coming, I've got a really strong feeling"
One of the above results in massive coin loss. I'll leave you to decide which one
The coin lost half its value when that New York times article came out. That's because the effect of last week's hysterical pump was far more powerful in raping the coin of its value than the restorative effect of the New York times.
We have a hundred thousand left from the coins we mined, looking to buy more in a bit. We think it will go back up. We should have held more, and sold a little later than we did, but all in all happy so far ... We're more miners than traders ...
I just bought some more , Feels like the train is still in the station 
I bought some last week, and I feel like the train has crashed!
You can expect at least a 5x increase this week.
yeah yeah, I've been hearing this for a week now and so far it went down every single day
its not down, its pre-pumped.
You can expect at least a 5x increase this week.
yeah yeah, I've been hearing this for a week now and so far it went down every single day
You can expect at least a 5x increase this week.
here is another opinion:
are we looking at the same charts?
volume on cryptsy and cryptorush is dead
volume on cryptsy and cryptorush is dead
http://coinmarketcap.com: 1 minute ago
http://i61.tinypic.com/2ilbhba.png
most of the coins went up today this doesnt mean theres a pump
i hope there is a pump but im not sold quite yet.
i have so much to do around the house and now i cant leave the computer staring at charts nonstop
i have so much to do around the house and now i cant leave the computer staring at charts nonstop
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