RE: OH NO! COINMARKETCAP.COM PUMPS SCAM COINS BY ACCIDENT -- Marketcap = Price x Available Supply ? by samstonehill

View this thread on steempeak.com

Viewing a response to: @intelliguy/oh-no-coinmarketcap-com-pumps-scam-coins-by-accident-marketcap-price-x-available-supply

· @samstonehill ·
Upped & followed.  Thanks for the info.  I am an amateur trader, so this is great to learn now, before it is too late.  Thanks again :)
👍  
properties (23)
post_id2,303,218
authorsamstonehill
permlinkre-intelliguy-oh-no-coinmarketcap-com-pumps-scam-coins-by-accident-marketcap-price-x-available-supply-20170331t021659429z
categorycryptocurrency
json_metadata"{"app": "steemit/0.1", "tags": ["cryptocurrency"]}"
created2017-03-31 02:17:03
last_update2017-03-31 02:17:03
depth1
children1
net_rshares1,399,331,682
last_payout2017-04-07 02:17:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length135
author_reputation251,188,643,150,957
root_title"OH NO! COINMARKETCAP.COM PUMPS SCAM COINS BY ACCIDENT -- Marketcap = Price x Available Supply ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@intelliguy · (edited)
You're lucky. I had to learn this the hard way.  Sharks decide where the price of most coins move.  Everyone else tries to "time the market". One of the rules of investing, is to never "time the market".. this is moreso true when the markets and data are manipulated.

Everytime you buy a coin, there is 5-6 heavy whales on skype or some other platform talking to each other saying things like "Ok, want to raise the chart on this coin? Where's our high at? When are we dumping it?" it's all collusion. If you follow the graphs as your sole source of information, you will be in trouble over the long term.
properties (22)
post_id2,303,346
authorintelliguy
permlinkre-samstonehill-re-intelliguy-oh-no-coinmarketcap-com-pumps-scam-coins-by-accident-marketcap-price-x-available-supply-20170331t025155923z
categorycryptocurrency
json_metadata"{"app": "steemit/0.1", "tags": ["cryptocurrency"]}"
created2017-03-31 02:52:24
last_update2017-03-31 02:56:06
depth2
children0
net_rshares0
last_payout2017-04-07 02:52:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length606
author_reputation62,293,745,530,431
root_title"OH NO! COINMARKETCAP.COM PUMPS SCAM COINS BY ACCIDENT -- Marketcap = Price x Available Supply ?"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000