POS Coins and Master Node Pumps?
Interest in proof of stake (POS) crypto coins and master nodes seems to have increased this week when Chaincoin boomed from .70 to 6.00 off the strength of community hype, speculation, and what appears to be a pump and HODL trend.
These proof of stake coins allow users to create master nodes and earn rewards by locking up a specific amount in their wallet.
In this live broadcast we discussed small cap POS coins like Neutron, Syndicate, Coinonat, Scorecoin, and others that are being pumped today on sites like Cryptopia.
Just to be transparent, as of writing this post and recording this video, I have NOT purchased any of these coins.
In your opinion what POS coins with master nodes are next to pump like Chaincoin CHC? Leave a comment below.
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@champagnecrypto how can I watch your channel live? I'm subscribe in youtube but how do I know when you are streaming. Waiting an hour to see this contact may be too late while the others are already Kabooming!!!
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In my opinion it is just a sustained pump and dump scam. A group of organised whales convinced a whole lot of people to invest in a coin and hold it and support it while the whales continiuosly sold and and rebought in while those involved in the pump are also benefiting as long as they get out fast. As they are all relying on greed of people that don't know better to invest and pump it up. The graphs on the sites you can buy these coins are terrible and don't update fast so you can HIDE the dumps.
You can SEE chain coin has been dumped out. DO NOT GET INVOLVED. Or if you do. Know when to get out.
Can I get a follow my brother? Love the commentary.
Since the market is red a lot of masternode coins were being pumped. People wanna make money through trading so this was expected. I personally bought some Syndicate while it was rising. But i was skeptical about it as I don't know much about the coin. But i took a risk, made a bit of profit and left the train. Found out a few hours later that it crashed like a house of cards.
Its a pump and dump setup. If your into taking massive risk for massive rewards, go for it
@champagnecrypto got you a $1.75 @minnowbooster upgoat, nice! (Image: pixabay.com)
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