How is this possible /biz/?
hope you bought the dip
some fuck bought a coin for $740 which is why mcap shot up
>>2810822
>people invest eth at ico
>company invest eth as soon st the coin hits the market
>coin pumps
>coin dumps
>coin is a shitcoin
>you hold bags
>>2810822
Nonimiqers BTFO
>>2810833
lol I see now.
Jesus Christ crypto is chalk full of faggots.
>>2810822
Trading volume is more important. Market capitalization can easily be manipulated.
most people who talk about the coin on bitcointalk, reddit, slack, biz are complete retards just by the way they think and type
>>2810822
It's being traded on a decentralized exchange. and has virtually no volume.
They are basically just setting absurdly high buy orders and then buying it from themselves. Since it's only listed on one exchange and you can buy directly from a contract they can manipulate what the price appears to be.
>>2810878
yup. one guy sells one coin to himself for $1000, and then coinmarketcap takes that 1000 and multiplies it by the number of coins in circulation. nobody went to lambo land because of this gay ass coin.
>>2810849
>chalk full
>>2810908
Chock*
Happy now you boob.
>>2810908
?*******
well the same guy who was buying his own net for 4x the amount of eth is now doing it for 8x so he will probably end up bumping this shit to 100k%
>>2810952
Unhabeebuble chicanery.
>>2810822
the token is mostly worthless and these are fake trades. Eventually when the mainnet is released, NET will be exchanged for NIM at a 10:1 rate.
Meaning in a few months NIM will be 10x whatever NET is.
>>2811047
Isnt it the opposite? If I have 30 NET, I will be given 3 NIM instead, so averaging thr same price?