May 26, 2017

Beware of Mooncoin Scam

Attention newfags and no-coiners trying to get into the crypto game. Below is important information about the recent pump & dump scam called "Mooncoin". Read it carefully.

In essence, Mooncoin is one of the thousands of noname, no-volume, copycat coins that never make it to major exchanges and mostly collect dust. However, it has been picked up by a small scammer team that is currently shilling in other threads. What's their motivation? To lure enough newfags in and then take their money. They promise that it'll go up in value so that you buy it and they can take a 200%-500% profit off their own cheap coins that they bought in advance. Where does that profit come from? Your money. What do you gain? Nothing, because the coin is worthless and no one needs it.

Now, take a good hard look at the screenshot. It is Mooncoin's market trade history. You can see buy orders and sell orders. Can you notice the obvious pattern? Buy orders are very small, almost always below 0.01 BTC. On the contrary, sell orders are pretty big, often 0.1-0.2 BTC. The coin is getting sold WAY faster than bought. People are getting huge double gains off those who bought later at a higher price (newfags from /biz/), and if you buy it now, you'll lose your money. There's simply no room for everyone to win, and worst of all, they're scamming /biz/.

If you want to get into crypto, invest into any OTHER crypto coin. Don't touch Mooncoin. Don't fall for the shilling, ignore the scammers trying to get your money. Instead, read more, research carefully and never pursue a quick 300% profit until you become more experienced. Wish you a happy crypto experience.

Please bump this thread to keep anons informed.
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Figured this from watching it from yesterday morning. Sold at 3 sats (after buying the night before at 1 sat)...
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I'll never comprehend how anyone can buy into this shit.

It's a coin with LITERALLY no use. God damn, if you invest into coins because of /biz/ comments you deserve to lose your money.
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>>2196311 (OP)
Sage for being a money-hating fudfag
Moon is no different than rdd. Crypto is not jewstreet and you suck shit.
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Its already done...

Im one of the original 6 shills, we all bought ab couple thousand dollars of moon coin at 1 sat each, and sold for 2 or 3 times profits.

Not bad for 1 day of shilling.
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>>2196328
You're right to say that, but if you catch the memes early (and see them for what they are) you can still make a decent profit
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Dont listen to him.
Do you really want to miss out on the next RDD? It was at 5 sats and people called it a pump and dump, and now it's at 80 sat
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>>2196311 (OP)
you could say the exact same thing about 99% of altcoins, even the ones on the big exchanges. none of them have any real value except the hope that it'll rise further. google "the greater fool theory".
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Sell them all to me at 2 sat then, more money for me later.
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If you still hold this and are not selling ASAP you deserve to be homeless
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Yeah, i guess they'll be back next month and they will start shilling another deadcoin. if you fell for the moonmeme warn other newfags next time.
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>>2196469
how do you ever expect to get a lambo with such weak hands? if you bought at 1 SAT you can't lose on this, so it's better just to wait. the volume keeps going up and up so if people stop being such weak-handed faggots and just HODL, then this will get onto a big exchange soon and that's when the profit starts coming in.
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>>2196490
You don't understand that in a couple of hours you have 100% loss
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>>2196502
This coin got up to 20 SATs once and you think it's gonna stop at 4 before falling this time?
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Don't buy the coin. let the scammer die holding it
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>>2196345
same, made 2k in profit thanks anon
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Made 100% profits
Thanks based scammers
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>>2196522
it reached 5, and its going down already
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>>2196343
stop trying to create FOMO in people by comparing this to RDD. You spammers are trying to scam /biz/raelis with this utter garbagecoin.
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>>2196424
But RDD has a use (if implemented correctly). It allows anonymous tipping through social media to streamers and camwhores
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>>2196660
EVERY FUCKING CRYPTO COIN CAN DO THIS YOU FUCKING IDIOT.

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