/biz/ - Business & Finance

PnD get out OP

>>3161328
The dev has released news, that's why it's pumping

>>3161328
Retard. The dev released an update about the new ICO where 1 ETH gets you the same amount as 10 MNE. And the new coin ART will have an ICO Factory service so it's actually valuable.

$30 isn't just some random number here. It's what MNE is going to so long as its 10% of ETH.

>>3161395

Aaaand we're at $4.05 now.

IT JUST KEEPS GOING UP HOLY SHIT!

>>3161430
If I put in $50 now, how much could I expect to make?

>>3161462
$450. Like I said, going to $30.


Oh shit it's almost $5.00 now so a little less. Wow that was fast.

>>3161462
500

>>3161498
how do I buy?

MNE's trade traffic just crashed livecoin

Glad I've been holding this

>>3161321
Feels good anon

>>3161578
Livecoin.net

Right now MNE purchases have singlehandedly kind of flooded the Livecoin site now though so you need to get in quickly.

>>3161321
Anyone thinking OP is full of shit:

https://bitcointalk.org/index.php?topic=1867535.msg21077409#msg21077409

>>3161607
the site is fucked. Guess I'll miss out on this. Fuck.

>>3161635
how long do I have to sign up before it's not worth it. The worthless site won't work.
Fuggg

>>3161607
>livecoin.net

Gross.

That alone is why I won't invest. Fuck buggy exchange sites that can't handle some traffic.

>>3161689
already back up lol

>>3161689
I'm on. do I buy mne/btc??

>>3161689
it's on hitbtc
livecoin
cryptopia

WERE GOING TO 30

BUY BUY BUY

BREAK THAT WALL

Am I too late?

>>3161708
pls help

Kek I managed to get my buy order filled

Feels good, but that site is fucking terrible

It'll probably go down again

>>3161747
yes dude, at least look up the coin first and check

Minereum (MNE)

What is this vitrual reality i live in that means i always sell the low and buy the ATH?

>>3161747
Yeah. Go to the MNE market and buy. Not hard. There's still plenty of time til $30.

>>3161754
It's on Cryptopia and HitBTC too...but anyway just relax and enjoy the ride to $30. It might dip a little but that IS where we are headed so nothing to worry about.

SORRY, I DONT FALL FOR SCAMS

>>3161775
how many mne could I get with 50

>>3161773
Just hold until $30. It WILL go to $30.


Oh and another thing. That ICO coming up will be burning all the MNE it receives. that's right. Burning it, not keeping it.

>>3161788
Like 10...Come on now.

>>3161791
This sounds like shilling but...fuck man, he's right. Not only will the ICO push for a MNE price equilibrium with ETH (about 30 dollars), all MNE contributed to the ICO will be permanently destroyed. Crazy.

WHEN is it going to $30?
If the answer isn't today tomorrow or the day after, then you can keep your pump and dump, I'll buy on the dip.

Does this shitcoin have any merit of its own?

Shill me softly.

Okay fuck it let's do this

This is legit, not gonna hold to the top, you can make an easy 50% gain on this right away and get out.

>>3161830
>I'll buy on the dip
Kek. It's going to $30 within a week or 2 maximum. Relax.

>>3161831
It's not a shitcoin...at all.

It has the Token creation service. It makes token creation easy and fast. Also the Minereum World app is coming.

>>3161321
How the fuck do I add money to my account on here to buy?

>>3161651
Do Cryptopia. Signed up in 5 minutes with only my email and can send over a bitcoin daily. Riding this bitch to the mooooooon!!!

>>3161874
fuck this fucking site. Im a newb and this shit is not newb friendly at all, lol. I need a voucher code to deposit funds? the fuck?

>>3161859
>not waiting to get to at least $20

dont be a pussy

>>3161321
Is anybody available to chat on email or a chat app or something to help me :/ Im brand new at this shit. I don't know how to do this. I just wanna try with 50 dollars.

>>3161923
pls I just want to go to the moon with someone for once

>>3161923
>>3161932
Do you have any Bitcoins? Any crypto at all? If not you need to go do that first. Go to a site like Gemini.com or Coinbase.com or something and start there.

>>3161944
Thank you. I've got coin base. I'll get $50 worth of btc.
Am I gonna miss this at all

>>3161960
You should be fine. But BTC is extremely slow to transfer. Buy either ETH or LTC because you're going to need to move it to another exchange to buy these other coins....

>>3161944
OP....where is this being P&D from?

I've already am at a loss. I thru 1k @ your shillage and the coins volume plummeted.

at least tell me who and how many people are shilling this? or did the dump occur already.

>>3161960
Coinbase is making me verify my card. Cant have any coins today. :/

aaaaaaaaaaaAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH FUCK YOU FUCK YOU FUCK YOU COINBASE RRRRRREEEEEEEEEEEEE

>>3161978
let me add to this:

i guess i'm mostly confused how the value the ICO set would cause this coin to rise to 30?

at most I could see a bump to $10
enlighten me?>

>>3161982
oh shit. im in.

>>3161726
>>3161978
KEK

>>3161978
Maybe wait more than 5 minutes

>>3161988
>he fell for yet another pajeet scam coin

>>3161978
It's not a fucking P&D. People are buying it up for the ICO that's coming up because the dev has essentially made 1 ETH = 10 MNE in the ICO.

Stop assuming everything a fucking PND. This is a coin with value that's finally gaining some well-deserved momentum.

>>3161988
Here's why. The ICO will burn all MNE it gets. Not give it to the devs. Burn it. Forever. So MNE's value will rise as its supply decreases dramatically. That's the plan.

>>3161988
You can either trade MNE or ETH for the ICO. If the price of MNE is less than 30 bucks, you get WAY more value for your purchase if you buy the ICO with MNE. Therefore, the price of MNE should rise to equilibrium with ETH in anticipation of the ICO, as to close the "loophole" of buying with MNE for cheap.

>>3161973
Okay done, how to I buy MNE with etc though? the only option on the site is buy with btc.

>>3162029
Transfer your ETH or LTC to the exchange with MNE. Then sell it on the site for BTC and buy MNE with the BTC....the fees are negligible. Or find an exchange like Cryptopia which has MNE/LTC pairs and do it that way instead. Both are fine.

Teach me how and I'll buy

>>3162041
So I clicked on "deposit ETH" on livecoin.net for eth/mne

I deposited it from my coin base account. It still says I have 0 eth??

>>3162061
....you send bitcoin or any other accepted coin to your account on livecoin, and then buy MNE.

>>3162061
Transfer to Cryptopia or Livecoin exchanges and buy. Not hard...

>>3162076
Look at the transaction on etherscan by searching for the address and wait for it to confirm..... give it like 30 minutes to confirm. ETH isn't all that fast. But it will get there.

>>3162078
>>3162082
well I've never bought a coin in my life. Where do I start

You could just cut out the middle man, and transfer your ETH directly to the shills. Since that's what you're essentially doing here anyways.

>>3162091
Will I still be able to make a profit on this in 30 min?

Thank you so much btw for helping me through this trial by fire haha.

I just saw it fall from $4.80 to $3.33 and now it's back up to $4.30

What's the right time to buy? Will it fall sub-$4 again, or will it shoot up to $10 in an hour?

>>3162117
that only happened because livecoin crashed momentarily

>>3162094
go to coinbase

>>3162117
It's going up, I wouldn't worry about that

>>3162117
Look at the resistance and support lines. It crashed exactly to the former peak. now it is shooting up to seek a new peak.

This is easy guys..

>tfw only have $98 worth of bitcoin to put into this

Eh, an overall profit of $300 after taxes isn't bad. It's a shame I'm not a whale and can't invest $10,000 of my money into this.

>>3162106
I'm putting in about $50. Mostly just a test run to try out this crypto thing. How much profit post tax will I walk away with? like $20?

>>3162191
>paying taxes over your cryptocoins
lol

>>3162216
ok, without tax? 40?

>>3162240
I'm in! Thanks to everyone who helped. One last question, so that I don't fuck it up when its time to sell: Do I just transfer back to my etc account?

>>3162253
What do you keep saying ETC for?

When you want to sell, sell for BTC and then you can go buy something else with it... If you really insist on cashing back out to fiat, then you can transfer the BTC back to coinbase or something, sure.

>>3162278
eth*

>>3162286
when should I sell?

>>3162142
lol... nice cuck site. go to gemanini there exchange is best

This is all assuming people will actually want it at the ICO price of $30. What if people just don't buy the ICO?

PUMPED AND DUMPED

>>3161321
this sounds way too good to be true

>>3161395
>The dev released an update about the new ICO where 1 ETH gets you the same amount as 10 MNE

Explain to me how that makes 10 MNE worth 1 ETH

>>3162366
See >>3162021

Why the fuck does it tells me i have no balance when i'm going to buy?? On Cryptopia btw

>>3161321
Anybody wanna get on telegram? Help a brother out with when to sell? Im going through a trial by fire right now

>>3162415
Sell when we're approaching $30. What is wrong with you? We're still 75% down from ATH and the coin has only gotten more valuable. Relax.

>>3162415
It stands to reason that you want to hold until the Artemine ICO date is close. The date has yet to be announced.

>>3162425
>Whats wrong with you
I'm multitasking between some work and this crypto think I know nothing about. I'm a retard when it comes to crypto. Sperging is gonna happen
>>3162430
Thanks m8 I'll keep a close watch.

But what if people just decide it's not worth $30? Like just because the eth cost is $300 doesn't mean the mne cost has to be. The mne cost could stay lower and people would just only buy with that.

>>3162320
>mfw i live in one of the 5 out of 50 states they don't do service in
Fucking kill me.

I don't get how this is going to force the price up.

Let's say the developer said you could buy it for 1 ETH or 3 MNE (instead of 30). Would that automatically make MNE shoot up to $106? I don't get this line of logic.

>>3162392
I offer for sale 1x KEK for 1 ETH or 1 BTC, therefore the value of ETH will parity BTC

>>3162457
It's not a guarantee but if you were interested in participating in the ICO wouldn't you want to get the most bang for your buck? The way you do that is buying mne. It's in the ICO participants best interest to keep buying until at least $30

>>3162457
It's like if I was at a grocery store and they gave me the option to pay $100 USD in yen or $50 USD in USD. I'd say fuck the yen, I'll just buy in USD. That wouldn't suddenly cause USD to double.

I get that this is putting buying pressure on mne because it's the cheaper way to participate but $30 nme is not guaranteed by that.

>>3162512
The question is: How much can this be exploited if MNE DOESN'T change in price?

Let's say it stays at $5 and doesn't move whatsoever. What's stopping whales from buying $10000 in MNE, buying ART, then buying ETH, cashing out ETH, buying MNE, and repeating the process ad infinitum for infinite gains?

Is there a law against this, or would this scenario actually be possible?

>>3162512
The question is: How much can this be exploited if MNE DOESN'T change in price?

Let's say it stays at $5 and doesn't move whatsoever. What's stopping whales from buying $10000 in MNE, trading MNE for ART, trading ART for ETH, cashing out ETH, buying MNE, and repeating the process ad infinitum for infinite gains?

Is there a law against this, or would this scenario actually be possible?

Do you idiots not understand how arb works? The bonehead ICO decks basically said a dime is worth the same as a dollar and are treating the value the same. It's not "free money" because they'll end up holding massive bags when they sell their coins and the price of MNE collapses overnight

>>3162552
>assuming they can buy $10000 worth without changes prices
>doing all of this in a reasonable amount of time
>assuming ART will be listed right away

>>3162568
Arbitration works because people are actually paying more on some other exchange not because some dude says hey guys, 10 MNE now buys you the same amount of this ICO as 1 ETH.

>>3162582
Triangular arb

>>3162552
Where is there even any profit made in this scenario? NME to ART is net zero during the ICO and then buying ETH just to sell it is net zero.

>>3162582

They're selling the same good for 2 things that vary wildly in value numbnuts.

If Lamborghini said they were selling their next car for either $1,000,000 or a rare Pokémon card, the value of the card would skyrocket

>>3162582
Are you assuming people will actually want to buy ART after ICO on exchanges? I mean sure they might but how many bagholders will want to dump their bags.

>>3162568
So then the next question is: Is there any way to predict when MNE will collapse from $30 to $1?

Is MNE an extremely risky investment at this point?

>>3162620
That's because a Lamborghini has an established value. If people collectively decide 1000 ART is only worth $50 to them well, then NME just becomes worth $5 and everyone forgets about the more expensive ETH option.

Hey guys, I'm starting an ICO for arbcoin. You can buy 1000 of them for 10 BTC or 1 LTC

>LTC suddenly worth 10 BTC
>Wow so easy

>>3161321
how long is this gonna take? do I need to lose some sleep tonight to monitor? Or will it take days

>>3162694
theyre burning every sngle mne used durng the ICO you jewfag. the supply is going to get massively cut

>>3162721
For it to crash? Monitor tonight

>>3162721
I feel so bad for you...
I put in $1000 roughly and I'm already considering it lost. Go to sleep.

>>3162730
OK so how does this part work

>>3162694
This is actually a brilliant scam idea, can't believe people haven't fought of it.
>stock up on a shitcoin that's been in ATL for weeks/months
>"announce"/create a fake ICO on bitcointalk (obviously put effort into it, just give a cool idea of a coin/token without actually programming it, make the page and white paper look nice)
>say you can buy it with btc, eth (similar value) or x shitcoin for a much better value
>x shitcoin gets pumped nicely, you sell off your shit and delete your account
Not bad considering for a few weeks of work you can 8x your shitcoin investment.

>>3162117

>caring about shitcoin prices in USD

Lol amateurs

>>3162736
I only put in 50, and I do well for myself in my sales job. If I get fucked I dont lose shit. I'm just trying to get into this whole thing. Doesn't look like its going anywhere but I've got nothing to do tonight.

I don't understand why you guys are overthinking this. Sure, MNE becoming more valuable in this scenario implies that people want Artemine at ICO.

But, if literally anyone is interested in this ICO, they are incentivized to buy with MNE, assuming the price of MNE is less than ~$30. Also, the MNE traded in for the ICO is burned permanently from the total supply. Those factors tell me that it is statistically *likely* that MNE will reach for equilibrium with ETH in anticipation of the ICO.

>>3162750
Looking that way from here

>>3162440

>caring this much about 50 bucks

Christ kid this isn't the market for you

DESIGNATED STREET COIN

>>3162743

read the fucking thread ya jamoke. this ico is going to be so juicy and the arb traders are literally about to lower the supply to under 300k

Just to clarify why we are adding ETH to the ICO, and why that is important:

1. We are discussing with partners for the ICO, these partners need to get paid. If we pay them in MNE this will create an incentive for them to sell MNE and therefore it will be bad for the MNE ecosystem as lots of MNE will be in few hands.

2. While Minereum launch was an isolated announcement on bitcointalk, Artemine will be much bigger than that, and with bigger audience we need to facilitate the way people can join, for new comers ETH is the option in (all) ICOs.

3. By adding ETH it doesn't mean at all that it's bad for MNE, for the contrary:

First, there is more likely wood for new people to join Artemine, and new people that know about Artemine will also know about Minereum for the first time.

And second, All received MNEs will be burned in any case, so the more MNE join Artemine, the less supply there will be in Minereum which is good for the ecosystem.

4. In Artemine, we are allowing users to put their Genesis Addresses for Sale (Automatically), that means, if you are a MNE holder you will have the option to create one (or more) Artemine Addresses, and if you convert your MNE into ART, you will not only get ART but you will also get access to this new market we are trying to create.

About the conversion of Genesis Addresses:

- Users will be able get Artemine by participating with MNE, this includes Genesis Address Holders. They will be able to send the (available) coins from their address and convert into Artemine.

I hope it clarifies, we know it's not easy to please everyone but after the long discussions we had in our team this is what was decided.

Just got 50$. Let's see if I get scammed

>>3162760
goodluck brother

>>3162768
But again, with this logic literally every dev would do something similar to artificially raise the price of his coins. Did you ever consider that they created this ART project so that their MNE shitcoin could go up in price again and they'd just sell it off? Scams evolve over time, and crypto is a whole feast of them.

ARRRHHHHHHHHHHHHH I HOPE THIS ISNT A MISTAKE I GOT PRESSURED

>>3162813
KEK

>>3162750

youre a fucking joke. where's your quantum physics degree go make a token that allows you to not only create your own self minng token but then allows you to buy into an ico at a heavily discounted price which will allow random pajeets like you to create their own ico's

neck yourself

>>3162813
don't listen to the bullies of /biz/. If they really had the money for lambos and legal lollis, they wouldn't be wasting there time here.

poojeets went to a whole new level

>>3162783
more about the principle of knowing how to to do a trade
This is my first time ever trying this. Before I throw big money into it, I want to try a little bit on a really small scale before I have the confidence to make bigger transactions. I dont care if I lose 50 dollars. I just care about doing it right.

>>3162895
youre losing it right anon, don't worry

>>3162809
Thanks. I've finally gotten settled into my new job, so now I'm going to have time to research some crypto stuff and get really into the game. I'm just doing an early trial by fire because why the fuck not. Thanks for wishing me luck. 99% of the people on this board seem bitter all the time.

I was gonna buy into this but the low volume is boring and a little frightening

>>3162846
If i ever became a millionaire from coins/whatever I would totally still sit on 4chan and shitpost I just wouldn't be worried about money.

when is the ico even

>bought 50 at $5
if I wake up tomorrow and it hasnt doubled im going to kms. I hope you can live with a guilty conscious OP

>>3162812
It is a great potential scam. I would be saying the same thing as you if the MNE dev hadn't already delivered a working product and regular updates. He's already demonstrated his legitimacy in my eyes. Is there a chance it's all one big exit scam? Sure. It's just very unlikely.

>>3161321
this shit is stagnant as fuck

Logically maximum price must be achieved at the first day of ICO, if ICO is really interesting of course

Thanks for the heads up so every one can buy your pump bags at ATH.

>>3163415
ATH was at 12$ / 0.005 btc

>>3163443
Your personal ath related to your bags of this coin, Dip.

>>3162789
>this ico is going to be so juicy

details on this ico?

>>3162838


i only read the first sentence of your post but based on that I think you should kill yourself.

I deposited some coins before the site crashed and still hasn't shown up. Am I fucked?

>>3163702

>>3162955
yeah thats what happens.

I'm not so sure this is going to go fucking anywhere.

Bought a bit with some btc I forgot I had on cryptopia. Hope this does something but it's not a big deal if it doesn't

this is probably the best trade you could make today

God damn site's still down

Livecoin is back up

so is this a scam or wah?

There is no scam, this is obvious increase

6$ now, we are really going to 20-30$

Fucking missed it again, went for beers after work and missed easy gains aaaaaahhhhhhhh

>inb4 pink wojak

Selling the news...

Says $4 on coin market cap, did I miss this :^(

>>3165260
The ico is not until sometime in Septmember. It will probably be volatile until then.

>>3165260
You still have time

Join before is too late! Anything below $20 is a solid buy!!!!!