1) For anyone holding MWC, here's what you need to know...

2) The hash rate, TODAY, is at an all-time low - 50% below where MainNet launched in November 2019. Both Beam and Grin have seen their hash rates crash this summer to all-time lows, too. So...

3) The only reason the Grin miners are not 51% attacking MWC now - as they did successfully 4 times in January/February - is b/c Grin is collapsing too. So, no more money or incentive to attack equally dead competitors like MWC.

4) Moreover, the third-tier exchanges that list it - which is why MWC can't get ranked on CMC, despite its (artificially supported) $175 million market cap) - require something like 5,000 confirmations for MWC deposits (3 1/2 days).

5) Of these exchanges, ONLY Bitforex does material MWC volume - though 99+% of what they "trade" is fake. The only other exchange that trades volume at all is TradeOgre - however, withdrawals are nearly always down, so NO ONE buys there except "airdrop luigi"...

6) Luigi manages a crypto fund that thought it could generate alpha by buying up all the MWC supply - then, using it's leverage to guide all MWC policy.

7) Luigi easily owns 1/3+ of all supply - boosted significantly, by forcing the devs to distribute the entire HODL pool in 3 months, relative to the initial 2-3 year plan. He even got them to give more of it to "senior" holders like himself.

8) He also is the largest MWC miner, doing it himself and buying production from other miners, like "JonB." Anytime it falls to new lows, he adds a little more hash power, especially after I tweet about it. Unfortunately, it promptly plunges to new lows each time.

9) Luigi believed that he could create a network effect by buying as much supply as possible. Then, forcing the devs to not only distribute the HODL program immediately, but extend the emission schedule from 100 to 1,000 years.

10) In other words, he was hoping to create hype about scarcity. This, plus the LOL, "decentralization" he thought the team could portray if it took the "team" down from the website, and called MWC "ghost money."

11) Unfortunately, it didn't work - as all three MimbleWimble coins are dying, with collapsing hash rates and prices.

12) The big wildcard is Trace Mayer - who pretended to not be aware of MWC, but than started aggressively pumping it in a series of podcasts early this year...

13) Culminating in passing out literature to attendees of the Unconfiscatable conference February 20-23 - which was "coincidentally" when MWC listed at Bitforex, and the price pumped to an ATH of .004 BTC; i.e., a $400 million mkt cap!

14) Also "coincidentally," though this is pure speculation of course, Trace's last Twitter post was the very next day, just as the backlash of the obvious pump/dump scheme intensified.

15) Since then, the price has dropped to a multi-month low of .0014, with volume drying up and hash rate free-falling to new all-time low after new all-time low.

16) Still, .0014 represents a $175 million mkt cap - compared to the far more liquid, decentralized, and stronger Beam, at $27 million, and Grin at $20 million. So, "luigi" has been desperately trying to support price, praying MimbleWimble "gets hot" again.

17) Unfortunately, it's getting weaker each day - as the market is clearly saying it doesn't have a future. Irrespective, there is DEFINITELY no future for TOKENS based on MimbleWimble, as it will NOT be "ghost money" at all (LOL).

18) So, here's what Luigi is doing.

19) He knows that MWC trading on HotBit, WhiteBit, and Tokok are down to zero - and that no one would dare buy on TradeOgre, because MWC withdrawals are usually down.

20) Thus, he's simply keeping "support bids" at progressively lower prices on Bitforex and TradeOgre, praying MimbleWimble gets hot again. Then again, even if it does, MWC is so illiquid, he could never sell his gargantuan position anyway.

21) Remember, he is a crypto fund manager, who thought he could create "alpha" by taking MWC over. He knows he can't sell, but just wants to paint the mkt cap higher to get higher performance bonuses before it inevitably collapses.

22) When someone hits his bids, he'll typically take the price HIGHER than when the hit started - which is easy, as RARELY are bid offers shown on TradeOgre and Bitforex.

23) So, he'll try to push the price higher by spending the least amount of BTC possible. For instance, when someone just took out .00145 on Bitforex, he immediately took the miniscule offers up to .0015 on TradeOgre, trying to make it look like there was offsetting buy interest.

24) Funniest of all, is when he does this (or buys tiny amounts of NiceHash) anytime I tweet about price or hash rate weakness). So far, it has prevented the all-out crash that WILL shortly occur - as most holders are praying, too...

25) Most of whom, got their MWC for free - but all of whom, are on Discord worshipping airdrop luigi, and praying he'll keep wasting his fund's BTC on the sunk cost that is his MWC investment.

26) Unquestionably, he has spent AT LEAST 3,000 BTC propping it up - to which, the BTC community thanks him whole-heartedly!

27) If you think a 100% centralized coin with 1 dev (and 1 assistant dev), plus 1 holder (who is also the main miner) is worth $175 million when MUCH more liquid, decentralized competitors have market caps around $20-$25 million, you're welcome to lose you money.

28) However, you still have time to sell into Luigi's support bids, to get valuable BTC. This is about the easiest trade you'll ever get!

29) I fully expect MWC to fall to at least the mkt cap of Beam and Grin - i.e., a 90% or so decline relative to BTC. NO ONE is buying it, and there is ZERO incentive to mine it.

30) Another thing "luigi" does, which he just did now...

31) As noted earlier, ONLY Bitforex has any material MWC volume anymore - though 99%+ of it is fake wash trading.

32) Anytime a major support level is hit - like this afternoon, when someone sold all MWC bid (about 2,000) down to .0014 (a new multi-month low), he IMMEDIATELY (as soon as he gets to his computer, as he watches his dying investment 24/7) puts in new bids.

33) If the offer stack is thin, which it usually is because MWC sellers typically don't show size (fearing panic selling), he might take some to "offset" the selling. However, he's already thrown 3,000+ #BTC down the tube supporting it, so he REALLY does not want to add more.

34) So, if there are any material offers, he'll simply put new bids in. However, as you can see here, he doesn't put one bid in, but "layers" in several to make it look like multiple buyers.

35) Luigi MUST keep using the other people's #BTC he manages to support MWC, as he will have catastrophic losses that will likely get him fired if it goes to a more reasonable level.

36) What is a 100% centralized coin, with no liquidity or hash rate worth - in a dying subsector of the alt space, where it's 2 main competitors, the MUCH more liquid and decentralized Beam and Grin, trade for mkt caps of $26 mil and $24 mil, respectively?

37) Moreover, MWC's main selling points from day 1 were scarcity and the HODL program. However, Luigi commandeered "management" and mining, and forced the devs to hand the entire HODL program out in 3 months - ALL GONE....

38) As for scarcity, he also forced the dev (its 1, really) to extend mining of the remaining MWC from 100 to 1,000 years. The problem being, it is now TOO scarce, as there is no incentive to mine something with such miniscule rewards - and no fees, as NO ONE transacts it.

39) Hence, the record low hash rate, 60% below the Nov 2019 MainNet launch, and at least 50% below where it was successfully 51%-attacked multiple times in Jan/Feb.

40) And don't forget, HotBit strong-armed the dev to pay 80,000 MWC to it in Feb, due to losses incurred by the 51% attacks. Who knows how much more they have to dump?

41) Given these issues, and the fact it only trades on ONE shady exchange, with 99% fake volume, do you think MWC should be worth its $167 million mkt cap, versus $24-$26 million for Beam and Grin?

42) Again, ALL those "layered" BTC/MWC bids on Bitforex are "airdrop luigi's." So, by selling increasingly worthless MWC, you are being handed free BTC by a DESPERATE holder who cannot escape.

43) Consider all I've said about MWC from day one, from the bottom (Free airdrop) to the comically low launch price at a $1 million mkt cap, to the top on down. Your choice if you want to make free money!

44) Funniest of all, is how comical Binance's new "volume rating" system is. It claims to have "100%, high confidence" in the MWC volume on Bitforex and HotBit, despite it so blatantly being 99%+ fake.

45) Beam hit a new all-time low hash rate this morning. Beam is extremely liquid, has a relatively low coin supply, and is by far the most decentralized of the 3 MW coins. It's mkt cap is $26 million, but MWC's is $164 million! Huh? Take the free #BTC , care of "Airdrop Luigi!"

46) Uh oh, Luigi! Larger MWC offers showing on Bitforex, and bids getting hit. And clearly, there is much more behind it, or they would just hit the showing, dwindling "support bids."

47) Per above, Lugi WANTS to take them to "prove" MWC is in demand at this insanely overvalued price, and show me up at the same time.

48) However, if he does he'll not only throw away more
#Bitcoin than the 3,000+ he's sunk into this dead coin, but invite the sellers to get more agressive.

49) Moreover, hash rate continues to plummet to new all-time lows as we speak. This, if he doesn't take the offers, MWC could lose ALL its remaining hash rate...which he is by far the largest provider.

50) Plus, Luigi knows everyone in MWC Discord is following my every tweet, and starting to realize they were wrong...including the dev team, which easily own 20+% of the float themselves.

51) And then there's Trace Mayer - who between the airdrop and buying at the MainNet launch for pennies, likely acquired a huge position...

52) ...before literally leaving the crypto grid ONE DAY after pumping MWC at the Unconfiscatable conference in February. How much does he have left to sell? And how much has HotBit have left?

53) Sorry Luigi, but deep pockets, manipulation, and bravado can't create a network effect. Shortly, MWC will be down 90%+ from the current. 0014 #BTC price...at or below the equally dead, but fundamentally stronger, Grin and Beam coins!

54) I love watching Luigi flail around, strategizing how he can continue to fool the market into thinking a useless coin, that trades at 8x the price of far more legit competitors, is worth the premium. LOL

55) Nearly nonexistent hash rate, in a dying sector where it is clearly third best. Any day now, a big holder (maybe a dev) will realize the game theory and dump to sub-.001.

56) Of course, to get to its real "value," below Grin and Beam, it will ultimately fall to sub-.0001. Even in the current, ridiculous alt-mania, it WILL happen.

57) The moral of the story being, that even 3,000+ #BTC funded by deep-pocketed hedge funds can't create network effect. Take your #Bitcoin while you still can!

58) And yet another new all-time low MWC hash rate - and a new multi-month price low (w/ rapidly diminished bids), despite the all-out alt FOMO.

59) MWC price/liquidity plunging, but STILL a $158 million "mkt cap" vs $25-$28 million for FAR more liquid, decentralized Beam & Grin, with FAR more hash. Bitforex, the ONLY exchange with MWC volume, desperate to show a ".00013" bid, when it's really .0012 (for tiny size).

60) Looks like Luigi, for the FIRST time, as he stares at Bitforex 24/7, is not replacing MWC bids to try to fool the mkt. Likely, giving up - so get ready for .001 to become .0001, which will just get it back to the same price as the MUCH better Grin and Beam. New ATL Hash!

61) Someone just posted this on the MWC Telegram - absolutely devastating. Sell at .001 whilst you can, as soon it will be .0001!

62) As of this afternoon, Luigi has officially pulled all bids from the very shady "TradeOgre" exchange - which was used to pump and dump MWC until he moved the action to BitForex. So, only ONE exchange is left...and he appears to have pulled all bids from there, too!

63) This is ALL the remaining MWC bids above .001, all on the ONLY remaining exchange with actual volume (though 99%+ is fake), Bitforex. Who will be the smart one to take it? It WILL be sub .0001 in the near future.

64) All MWC bids on TradeOgre to .001 hit, and hash rate in complete freefall. I suspect Luigi has finally abandoned MWC, as there's no use wasting more of other people's #BTC . If you don't realize MWC will shortly go BELOW Beam and Grin's mkt caps, you don't understand mkts.

65) All you need to know about where MWC is heading. All-time low hash rate, and the lowest price since it first started trading in December. A huge offer on Bitforex now, that will eventually get impatient. Luigi has given up, which should be a blaring red signal!

66) BTW, I'm pretty sure pacificpool is Luigi's mining farm in Utah. 85.7% of the hash rate, LOL. He's no longer bidding/buying, but mining at a rate so low, it could probably be 51% attacked for a few hundred dollars...if anyone cared enough to, which they don't.

67) How much further does MWC have to fall, FOR STARTERS? Consider that Beam and Grin are FAR superior projects...though they, too, are dying, with record low hash rates (FAR higher than MWC).

MWC - $144 million mkt cap
Beam - $ 29 million mkt cap
Grin - $ 25 million mkt cap