I think you're wrong about this. It's not a classic "pump and dump" scheme. This is a group of people who consider it an HONOR to be part of this movement. If you follow the HighOnCoins slack, you'll see we're a bunch of nuts, but most of us understand that this is something different. Yes, some people see this as an opportunity to make a quick buck as the price rises. They take their profits, and the price drops temporarily, but we are buying them out, setting up more masternodes. CHC whales are selling out, and they're being bought out by new members coming in who are long term HODLers. Most of us who are in this movement are masternode holders with a long term interest to see it succeed because we're staking. So we don't sell. We will NEVER sell or master node. Sure, no one would know. But WE would know, and we can't live with that, because that's they type of people our community is made of.
RE: ChainCoin - 'investors' beware
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ChainCoin - 'investors' beware
The coin offers nothing that isn't already being done out there already. As @cryptotrends already pointed out the dev team seems awol and all the usual "life signs" just aren't there. Do any of these "investors" know what the hell they are throwing their money at, or even what a white paper is - or are they blindly following a promise of easy money? I haven#t seen one single cheerleader say one single thing about why chaincoin has a future, an edge, a reason to invest other than chants of "masternode", "hodl" and "community". Owning a masternode for a coin with no traffic is going to be just dandy. A short look at the cryptopia chart volume shows you exactly when and how many coins were bought, probably by the main cheerleader/s before inviting everyone else in. Check those figures along with those of the first major dumps. "Bulls make money, bears make money, pigs get slaughtered"
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I'm just calling it as I see it based on previous experiences. Not only making a huge mistake in the actual stock market, but trading alt cryptocurrencies for years as well. Time will tell what will happen to ChainCoin. Hopefully for your sake you're right, but I wouldn't count on it.
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