RE: Chaincoin price jump -What are your thoughts?

You are viewing a single comment's thread from:

Chaincoin price jump -What are your thoughts?

in cryptocurrency •  8 years ago 

It's crazy, glad I got in 3 days ago. Have made some nice returns but am nervous about it coming right back down again. Lots of Pump and Dumpers so watch out. WIll be a good long term investment though

cryptocurrency
8 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    1
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  8 years ago 

    The whole thing is it is very difficult pump and dump since there's no enough coins for anyone to own. And selling (dumping) is not profitable once you own enough to start master nodes, which will pump out money. So to recap, the coin is becoming more scares (only 15million mined), thereby more expensive, and master nodes will be rewarded massively with the price of coin moving up. So whales won't wanna dump it at all since it is a cash cow and you'd have to be mentally ill to not want to print money.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote