Cryptocurrency - Dbic

Mint Aero

Dubaicoin. I see good potential based on as much knowledge as the next person in this coin and it's really cheap. A grand invested now could be a 100 grand in a year. It's trading at about 0.15 cent now. Any one else investing in Alt crypto currencies?

daheff

Mint Aero wrote: »

Dubaicoin. A grand invested now could be a 100 grand in a year. It's trading at about 0.15 cent now.

it could be...or it could be worth nothing. How many alternative currencies are there? they cant all make it...some will fall by the wayside. For me its a MASSIVE risk....but you know risk/return.

Mint Aero

Doubled my money in the last week with this coin. When it gets to 200 euro a coin ill be a millionaire but I won't cash out. I'll wait until it's 1000 euro a coin and ill have about 5 million.

Sabre Man

What makes you think it's cheap?

Who accepts this currency?

Roonbox

Mint Aero wrote: »

Doubled my money in the last week with this coin. When it gets to 200 euro a coin ill be a millionaire but I won't cash out. I'll wait until it's 1000 euro a coin and ill have about 5 million.

Why makes this coin stand out from the crowd? There are hundreds of Alt Coins so I am just interested.

Unless there is a very compelling reason, there is a strong chance that it goes the same route as 99% of the other Alt Coins out there.

PeterHands

Just go for coins that have a growing community behind them as it would indicate growing demand for the coin.
Just ensure the coins algorithm has good fundamentals and actually serves a purpose different than the thousands of other scam coins.

Blacktie.

Mint Aero wrote:

Doubled my money in the last week with this coin. When it gets to 200 euro a coin ill be a millionaire but I won't cash out. I'll wait until it's 1000 euro a coin and ill have about 5 million.

Time to double down!

Roonbox

Mint Aero wrote: »

Doubled my money in the last week with this coin. When it gets to 200 euro a coin ill be a millionaire but I won't cash out. I'll wait until it's 1000 euro a coin and ill have about 5 million.

The ENTIRE market cap for Dubaicoin is 220 Bitcoins!!!

Its basically like playing with a very volatile penny stock. Each to their own but don't put the rent on it.

https://coinmarketcap.com/currencies/dubaicoin/

Mint Aero

Since posting the coin has shot up to 0.25 cents. Was even higher earlier this morning. Very strong support growing behind it.

Mint Aero

134th in market cap and rising.

Speedwell

I had several thousand dollars in E-gold back in its heyday. I bought it when gold was low, and traded it for bullion about six months before the bad stories made it unsaleable. I can't credit myself with any spectacular wisdom; I had the money from my mother's will, and I didn't know anything about investing other than the nauseatingly naive conception that "gold is always a good investment". Still, the market went my way and I was extremely lucky not to have been entangled in the mess at the end.

newacc2015

Mint Aero wrote: »

Since posting the coin has shot up to 0.25 cents. Was even higher earlier this morning. Very strong support growing behind it.

This is the definition of a bubble. Everyone here is the early investors, then the support builds behind it. There is a correction and then it booms again. Eventually the bubble bursts...

Look up any of the theories on bubbles and you will see it is a bubble

EndaHonesty

Mint Aero wrote: »

Doubled my money in the last week with this coin. When it gets to 200 euro a coin ill be a millionaire but I won't cash out. I'll wait until it's 1000 euro a coin and ill have about 5 million.

You haven't doubled your money until you cash out.

Roonbox

newacc2015 wrote: »

Mint Aero wrote: »

Since posting the coin has shot up to 0.25 cents. Was even higher earlier this morning. Very strong support growing behind it.

This is the definition of a bubble. Everyone here is the early investors, then the support builds behind it. There is a correction and then it booms again. Eventually the bubble bursts...

Look up any of the theories on bubbles and you will see it is a bubble

You cant really call an almost brand new product a bubble. If it rose for 2 years maybe... Its crazy volatile and if it was my money I would get out now... but it could very well go parabolic.

newacc2015

Roonbox wrote: »

You cant really call an almost brand new product a bubble. If it rose for 2 years maybe... Its crazy volatile and if it was my money I would get out now... but it could very well go parabolic.

That is the sign of a bubble! There is no rational behind it. But it might be good in the future, there I must invest. It makes no sense at all

Mint Aero

newacc2015 wrote: »

That is the sign of a bubble! There is no rational behind it. But it might be good in the future, there I must invest. It makes no sense at all

Hysterical much?
I posted when it was 0.015 cents. It's now 0.05 cents and the market cap has trebled. Was bitcoin a bubble? No. No it wasn't.

Roonbox

newacc2015 wrote: »

Roonbox wrote: »

You cant really call an almost brand new product a bubble. If it rose for 2 years maybe... Its crazy volatile and if it was my money I would get out now... but it could very well go parabolic.

That is the sign of a bubble! There is no rational behind it. But it might be good in the future, there I must invest. It makes no sense at all

A bubble by definition goes way further than anybody expects. This is a brand new product that is off to the races from the start, but some people expect much more from it, and its very early days. That doesnt mean it wont collapse either.

Esel

Black tulip. Get in early, get out earlier.

Mint Aero

Esel wrote: »

Black tulip. Get in early, get out earlier.

Well if anyone here bought 1k worth when I said 2 weeks ago. They could be cashing out with a cool 5k today. No tulips here.

psheaser

Hi Mint Aero,

Where can I go about buying this ?

I've research quite a bit and willing to go for it ( 1800) but obviously haven't researched deeply enough to gather a link to a site for acquiring some lol.

Could you please point me in the right direction.

Thanks

newacc2015

Mint Aero wrote: »

Hysterical much?
I posted when it was 0.015 cents. It's now 0.05 cents and the market cap has trebled. Was bitcoin a bubble? No. No it wasn't.

What is a bubble in your opinion? If you look up a chart for a bubble and a chart for bitcoin, they very similar

You don't think bitcoin going from $1400 to $400 is a sign that it was a bubble?

EagererBeaver

Dubaicoin, run by a lad out of Tunisia, with very little support? Can't see it lasting too long. Get in and get out quicker.

Mint Aero

It's funny all the negative comments trying to put the coin down. Fact of the matter is it was 1.5 cents 3 weeks ago when I posted with a market cap of 200 bit coin. It's now gone passed 20 cents a coin with 3,000 btc marketcap. Very strong support behind this coin and a good Dev team behind the scenes it would appear. It won't be long before it surpasses a euro a coin then 25 euro a coin in my opinion.

sabat

Do you have any research for your €25 figure other than wishful thinking ? I can see this gaining traction before the bubble pops, purely because there's no rube quite like an Arab with money.

Mint Aero

sabat wrote: »

Do you have any research for your €25 figure other than wishful thinking ? I can see this gaining traction before the bubble pops, purely because there's no rube quite like an Arab with money.

There's only 5.8 million coins and very strong demand it would appear. The Dev team appear to be excellent. They haven't even listed on the big exchange sites yet. Based on trends from the last 5 years of watching cryptocurrencies. I'm very optimistic and indeed wishful.

Esel

Mint Aero wrote: »

It's funny all the negative comments trying to put the coin down. Fact of the matter is it was 1.5 cents 3 weeks ago when I posted with a market cap of 200 bit coin. It's now gone passed 20 cents a coin with 3,000 btc marketcap. Very strong support behind this coin and a good Dev team behind the scenes it would appear. It won't be long before it surpasses a euro a coin then 25 euro a coin in my opinion.

No, you said

It's trading at about 0.15 cent now.

So, that's, what, 13,333% growth in 3 weeks?

Cash out yesterday, buy in again with your original investment.

Do you issue a newsletter? *Subscribe

Mint Aero

Esel wrote: »

No, you said

So, that's, what, 13,333% growth in 3 weeks?

Cash out yesterday, buy in again with your original investment.

Do you issue a newsletter? *Subscribe

1300% increase. 0.15 cents was 1.5 cents at the time. The graphs for dbic will show. I just didnt post properly as is common with me. My 1 cent coins are still firmly in my wallet

Esel

Mint Aero wrote: »

0.15 cents was 1.5 cents at the time. I just didnt post properly as is common with me.

Newsletter? Still intrigued. *Subscribe

sabat

Normally I don't pay any attention to these ponzi schemes but seeing as I posted here I thought I'd have a quick look at the exchanges to see what was going on. This particular "currency" has one massive fundamental characteristic that differentiates it from all the others listed, one which means it will inevitably crash then disappear. It should be immediately obvious to anyone with half a brain what that is.
I'm not going to say now what that flaw is, but as an experiment/public service I'm going to attempt to crash it and it won't even cost me any money. Watch this space...

Mint Aero

sabat wrote: »

Normally I don't pay any attention to these ponzi schemes but seeing as I posted here I thought I'd have a quick look at the exchanges to see what was going on. This particular "currency" has one massive fundamental characteristic that differentiates it from all the others listed, one which means it will inevitably crash then disappear. It should be immediately obvious to anyone with half a brain what that is.
I'm not going to say now what that flaw is, but as an experiment/public service I'm going to attempt to crash it and it won't even cost me any money. Watch this space...

Lol. If ever there was a disgruntled poster. If it does crash I look forward to you coming back pretending it was you. I have the feeling however it will be me cashing out with 100k.

Benevolent Misanthrope

Investor psychology is weird. It's amazing that people still fall for pump-and-dump schemes after all these years.

Roonbox

Mint Aero wrote: »

sabat wrote: »

Normally I don't pay any attention to these ponzi schemes but seeing as I posted here I thought I'd have a quick look at the exchanges to see what was going on. This particular "currency" has one massive fundamental characteristic that differentiates it from all the others listed, one which means it will inevitably crash then disappear. It should be immediately obvious to anyone with half a brain what that is.
I'm not going to say now what that flaw is, but as an experiment/public service I'm going to attempt to crash it and it won't even cost me any money. Watch this space...

Lol. If ever there was a disgruntled poster. If it does crash I look forward to you coming back pretending it was you. I have the feeling however it will be me cashing out with 100k.

Hey Mint, having everybody tell you you are crazy is one sign that you might be on to something

Its got almost no liquidity so movements up and also down will be very volatile. Can you tell me any feature that makes this coin stand out from the hundreds of others on Coinmarketcap? I have watched lots of alternative crypto's become flavor of the month and then fade in insignificance over the past few years.

Do you really think it can be a competitor to Bitcoin?

How are you purchasing and does the platform allow you to have stop losses?

Benevolent Misanthrope

Mint Aero wrote: »

1300% increase. 0.15 cents was 1.5 cents at the time. The graphs for dbic will show. I just didnt post properly as is common with me. My 1 cent coins are still firmly in my wallet

In case anyone is interested, in the last week, DubaiCoin's market cap has crashed from a high of $1.5 million (May 21) to $.77 million (today). Halved, basically.

Astonishing.

Mint Aero

Benevolent Misanthrope wrote: »

In case anyone is interested, in the last week, DubaiCoin's market cap has crashed from a high of $1.5 million (May 21) to $.77 million (today). Halved, basically.

Astonishing.

No it didn't crash. Every graph including your apples and volkswagons has an up and down. This is an adjustment as the main outlet for buying dbic is yobit at the moment. A site synonymous with poor traders so the volume is low. The fact it reached 20 cent is astonishing. The price has stabilised and will increase again when it moves to larger exchanges and the payment gateway is established.

Benevolent Misanthrope

Mint Aero wrote: »

No it didn't crash. Every graph including your apples and volkswagons has an up and down. This is an adjustment as the main outlet for buying dbic is yobit at the moment. A site synonymous with poor traders so the volume is low. The fact it reached 20 cent is astonishing. The price has stabilised and will increase again when it moves to larger exchanges and the payment gateway is established.

Ok, it halved in a few days - which was not a crash - and it will resume its rise to infinite value shortly.

Got it.

Mint Aero

Benevolent Misanthrope wrote: »

Ok, it halved in a few days - which was not a crash - and it will resume its rise to infinite value shortly.

Got it.

Ah now don't be silly. I don't know whether to sell when it hits a euro a coin, 10e a coin or wait til it's about 150e a coin. What do you think?

Benevolent Misanthrope

Mint Aero wrote: »

Ah now don't be silly. I don't know whether to sell when it hits a euro a coin, 10e a coin or wait til it's about 150e a coin. What do you think?

When?

Why do people waste so much time on these pump and dumps?

petethedrummer

Mint Aero wrote: »

Ah now don't be silly. I don't know whether to sell when it hits a euro a coin, 10e a coin or wait til it's about 150e a coin. What do you think?

Wait until it's 1500 a coin. You'll be richer then.

Got any more investment tips? You're on a bit of a roll here.

Mint Aero

petethedrummer wrote: »

Wait until it's 1500 a coin. You'll be richer then.

Got any more investment tips? You're on a bit of a roll here.

Well I might save some for when they're 1200 a coin. I'm not sure 1500 is achievable

Stay tuned for more tips! As it stands my investment increased 900% in 3 weeks. Dont get why yer all so high and mighty :pac:

Benevolent Misanthrope

Mint Aero wrote: »

Stay tuned for more tips! As it stands my investment increased 900% in 3 weeks. Dont get why yer all so high and mighty :pac:

It's an investment the same way that a lotto ticket is.

Get back to us when you make your fortune.

Sabre Man

Mint Aero wrote: »

Well I might save some for when they're 1200 a coin. I'm not sure 1500 is achievable

Stay tuned for more tips! As it stands my investment increased 900% in 3 weeks. Dont get why yer all so high and mighty :pac:

What is the difference between the buy and sell price, and are there any other charges when buying and selling?

Roonbox

Mint Aero wrote: »

petethedrummer wrote: »

Wait until it's 1500 a coin. You'll be richer then.

Got any more investment tips? You're on a bit of a roll here.

Well I might save some for when they're 1200 a coin. I'm not sure 1500 is achievable

Stay tuned for more tips! As it stands my investment increased 900% in 3 weeks. Dont get why yer all so high and mighty :pac:

just a heads up mint, I watched the exact same thing unfold a few years back with Maxcoin.. A ramp up in the first few months then a slow and continuous fall.

Mint Aero

Roonbox wrote: »

just a heads up mint, I watched the exact same thing unfold a few years back with Maxcoin.. A ramp up in the first few months then a slow and continuous fall.

I hope not. I put the heating money into this :pac:

Roonbox

Roonbox wrote: »

Mint Aero wrote: »

Doubled my money in the last week with this coin. When it gets to 200 euro a coin ill be a millionaire but I won't cash out. I'll wait until it's 1000 euro a coin and ill have about 5 million.

The ENTIRE market cap for Dubaicoin is 220 Bitcoins!!!

Its basically like playing with a very volatile penny stock. Each to their own but don't put the rent on it.

https://coinmarketcap.com/currencies/dubaicoin/

When I first posted here the Market Cap was 220 Bitcoins a couple of weeks back, its now 920. That's over 4 times the liquidity that it had (albeit it still extremely small). That's why it spiked originally, there was no coins available for the buyers.

Prezatch

Roonbox wrote: »

When I first posted here the Market Cap was 220 Bitcoins a couple of weeks back, its now 920. That's over 4 times the liquidity that it had (albeit it still extremely small). That's why it spiked originally, there was no coins available for the buyers.

And falling... like a very heavy knife. I think the time to exit would be now for Mint if he hasn't done so already! :eek:

Down 63% today

Mint Aero

JoeyD wrote: »

And falling... like a very heavy knife. I think the time to exit would be now for Mint if he hasn't done so already! :eek:

Down 63% today

You mean ideal opportunity for Mint to buy more dbic? I'm in the top 100 rich list now

Mint Aero

This is great I have so much dbic now I'm gonna be filthy stinking ugly rich when it rises!

Benevolent Misanthrope

Mint Aero wrote: »

This is great I have so much dbic now I'm gonna be filthy stinking ugly rich when it rises!

Down from 1.4 million to .3 in 7 days. Down 75% in a week! :pac:

Probably somebody tried to sell one.

Mint Aero

So an update I'm sitting on a 600% increase in my investment. Dbic have just established an exchange where you can trade currencies now and they will add gold soon. https://www.dbicexchange.org if anyone likes a punt

EndaHonesty

Mint Aero wrote: »

So an update I'm sitting on a 600% increase in my investment. Dbic have just established an exchange where you can trade currencies now and they will add gold soon. https://www.dbicexchange.org if anyone likes a punt

Your "asset" increasing in value from $50 to $300 sure is impressive... :rolleyes:

How much gold will you buy with your "profits"?

BrokenArrows

EndaHonesty wrote: »

Your "asset" increasing in value from $50 to $300 sure is impressive... :rolleyes:

How much gold will you buy with your "profits"?

Give the guy a break.
Hes taking a chance on a new currency. If it succeeds then he wins big but if he loses then its only a few quid.