Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DROIDZ [DRZ] [QUBIT] [ALCUREX - YOBIT] [LAUNCHED]
by
hughbt
on 24/04/2015, 22:23:13 UTC
The only REAL problem of this coin is the fact that majority of ICO investors were hoping somebody will pump the coin, so they can dump, have their 200% profit in two days, then move to another coin. When they saw nobody is going to pump it, they were disappointed, strated to panick and spread fud, hurting themselves.

But now most of such investors either already dumped this coin to raise money to invest in some new p'n'd scam, or will do that very soon. As soon as they are out, the coin can slowly and nicely recover.

Of course it will recover but it will not reach 3700 sat ever again. Majority of ICO investors never expected that they will to lose 70% of their investment after 2 or 3 days, that's why they were disappointed. IMO investors didn't dump it, there wasn't even enough buy support. 1.3 million coins mined during pow * 900 sat(on average) = 11BTC - that's give or take drz's trading volume.