i make some research about it because it look suspicious when price of it get pumped up to 4000% yesterday in yobit
without announcement
GREXIT was an ICO coin price of it is 200 each 10m coin was set in ICO
9,122,926 was burned and only 877,074 was bought..
so it look like a failed coin only generate a little funds about 1.754148 BTC
10% to yobit and 1.5787332 BTC generated in that ico
i think they drop it in that time and they dont develop the coin because of small fund
price drop to 4 sat each because they dont do any development after the ico..
when the price is go below 4 sat they use the funds generated that ico and buy almost all the coin at 4 satoshi..
even they buy it above 4 sat there always will be left it them
and they just pumped it yesterday before the announcement you can see it in the trade history in yobit..
this coin is clearly a scam they cooked their investor in their own fat..
You really need to be more on slack...Xardasim ANN it when he was talking about PSI that he would take over GREXIT and will buy some coins. All above is almost correct. There was a 10M ICO at 200sats, there were a lot of coins burned, the original dev left, even lock the thread and then Xardasim (dev of PSI) took it over (ANN on slack) and directly a few people bought a lot of the coins that are availabe. But is there something wrong? It hasn't been the first dev that bought a lot of coins....
Getting closer to those 6000 FLYs Cheesy Do those flys need to be in one wallet? As i have a few wallets.
First Placebo I did warn you to stay out of my house, but now your here lets have some fun with you.
Ok here we go:
150,000 Fly initial distribution.
At this moment 4,000 mined by pow.
You were not part of the initial distribution as everyone respected the rules and used their main account. So you received 0 FLY during the swap as I had everyones name and yours was not on it.
Of the 4,000 FLY mined, most of it was dumped on Yobit , there were also initial investors that dumped too. Around 13,000 coins dumped on Yobit.
My initial balance after the swap was just over 39,000 FLY. My balance today is Almost 51,000. That is because
I have bought about 12,000 coins that were dumped on Yobit (about 95% of the coins dumped). So If your initial distribution from the swap was 0, and I bought almost all the coins on Yobit, then how do you have 6000 coins?
Vegas