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Cryptocurrency - Dbic

2

Comments

  • Registered Users, Registered Users 2 Posts: 499 ✭✭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?


  • Banned (with Prison Access) Posts: 284 ✭✭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.


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    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.


  • Banned (with Prison Access) Posts: 284 ✭✭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.


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    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?


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  • Banned (with Prison Access) Posts: 284 ✭✭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?


  • Registered Users, Registered Users 2 Posts: 7,604 ✭✭✭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.


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    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:


  • Banned (with Prison Access) Posts: 284 ✭✭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.


  • Registered Users, Registered Users 2 Posts: 2,029 ✭✭✭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?


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  • Registered Users, Registered Users 2 Posts: 499 ✭✭Roonbox


    Mint Aero 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.


  • Closed Accounts Posts: 3,570 ✭✭✭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:


  • Registered Users, Registered Users 2 Posts: 499 ✭✭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.


  • Registered Users, Registered Users 2 Posts: 952 ✭✭✭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


  • Closed Accounts Posts: 3,570 ✭✭✭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? :D I'm in the top 100 rich list now :D


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


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


  • Banned (with Prison Access) Posts: 284 ✭✭Benevolent Misanthrope


    Mint Aero wrote: »
    This is great :D I have so much dbic now I'm gonna be filthy stinking ugly rich when it rises! :D

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

    Probably somebody tried to sell one.


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    So an update :D 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 :D


  • Closed Accounts Posts: 1,544 ✭✭✭EndaHonesty


    Mint Aero wrote: »
    So an update :D 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 :D

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

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


  • Registered Users, Registered Users 2 Posts: 7,531 ✭✭✭BrokenArrows


    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.


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  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    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.

    They're sure determined to put me down :pac:


  • Closed Accounts Posts: 1,544 ✭✭✭EndaHonesty


    Mint Aero wrote: »
    They're sure determined to put me down :pac:

    You've put $50 into a punt.
    It doesn't warrant a thread in Investments & Markets.

    If your bet is worthy of a thread then the lads in the Betting thread should post here every time they "invest" in a sure thing...


  • Closed Accounts Posts: 11,812 ✭✭✭✭evolving_doors


    Mint Aero wrote: »
    They're sure determined to put me down :pac:

    I'm rootin for ya man... you should definitely put in more than €50 though, it'd be just immoral not to do so!


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    Gebgbegb wrote: »
    I'm rootin for ya man... you should definitely put in more than €50 though, it'd be just immoral not to do so!
    You've put $50 into a punt.
    It doesn't warrant a thread in Investments & Markets.

    If your bet is worthy of a thread then the lads in the Betting thread should post here every time they "invest" in a sure thing...

    At no point did I state the figure I put in ;) Right now I'm eyeing up another investment in crypto in which I'll be purchasing 15% of the market cap.


  • Closed Accounts Posts: 1,544 ✭✭✭EndaHonesty


    Mint Aero wrote: »
    At no point did I state the figure I put in ;) Right now I'm eyeing up another investment in crypto in which I'll be purchasing 15% of the market cap.


    You did actually
    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.

    That makes it 5,000 coins and they were 1.5c when you bought in...

    You're a whale! :rolleyes:


  • Closed Accounts Posts: 3,570 ✭✭✭Mint Aero


    You did actually



    That makes it 5,000 coins and they were 1.5c when you bought in...

    You're a whale! :rolleyes:

    I bought at 1c. Did you think I came to boards before I purchased them?? ;)

    I also sold a portion at 20 cents and bought more when the price dropped ;)


  • Closed Accounts Posts: 1,544 ✭✭✭EndaHonesty


    Mint Aero wrote: »
    I bought at 1c. Did you think I came to boards before I purchased them?? ;)

    I also sold a portion at 20 cents and bought more when the price dropped ;)

    You know there is a creative writing thread? Might suit you better...


  • Closed Accounts Posts: 11,812 ✭✭✭✭evolving_doors


    Mint Aero wrote: »
    I bought at 1c. Did you think I came to boards before I purchased them?? ;)

    I also sold a portion at 20 cents and bought more when the price dropped ;)

    This is like bleedin project maths... So how much have you spent and how much will you get when you cash out (e.g. today)?


  • Registered Users, Registered Users 2 Posts: 23,961 ✭✭✭✭Esel
    Not Your Ornery Onager


    Newsletter? Subscribe. Kthxbai.

    Not your ornery onager



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  • Registered Users, Registered Users 2 Posts: 14,391 ✭✭✭✭SteelyDanJalapeno


    Note to self, begrudgers be begrudging.

    Who cares what he invested, he 600% up.


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