Breakout Stake

Why did it happen though? Educate us.

>>1405968
i blame it on a narrow window of opportunity, watch it tank tho. I'll be waiting with my dip bowl

>>1405968
That would be 8.45 bitcoins...

>>1405973
I'm as perplexed and clueless as you.

I'm angry though, because I wasted my time on Yobit waiting for something like this to happen instead of checking out Bittrex.

>>1405968
>very first coin sells for 0.0000001btc
>next sale and subsequent sales over the next 24hrs for 0.00008 btc
>"OMG 850% profit!!"

Notice the 59 BTC volume? You're never going to make 850 Btc of your 1 because there isnt 850 Btc worth of interest.

>>1405983

It says 84500%, which would be x845

>>1405993
You mean nobody will buy that many for that price and you'll be stuck holding the bag for months to come?

>>1406010

Yes.
You'd make some profit if you managed to get a bit at that 0.00000040 price in the pic. Once it hit those 0.00064 highs, no ones going to be buying them off you.
Not when the total volume in 24hrs is only 60btc.

>>1406010
>>1406024

So if we do the calcs:
If you bought 1btc of pictured shitcoin @0.00000040 you'd have 2,500,000 coins

To sell all of them @ the current price of 0.000338, you need to find 845btc of buyers.
The total trade volume (buy AND sell) for the 24hr period is only 59btc. So even if you found 59 btc of just buyers, you're still left holding roughly...

2,325,000 shitcoins. All the while you're driving the price down further trying to sell as other sellers undercut you.

The big % looks pretty, but it's not indicative of what's really happening here. You could make a nice profit, but you're never making 85000% profit.

>>1406036
Should I understand that Ethereum was a once in a lifetime thing and I'm going to have to wait a long, long time before another stock goes the way Ethereum has?

>>1406047
you could still get in, if you believe the shills saying it will surpass current ETH price

I have 1008 BRK
I spent about 200AUD on the premarket have I made any gains?

File: kindergarten-cop-arnold-schwarzenegger.png (743KB, 1280x800px) Image search: [Google]

743KB, 1280x800px

>>1405968
What is this coin and what does it do?

>>1406036
Underrated post