So quite easy to predict the Monero price based on what a few whales are doing and all via Poloniex? That explains why on the price chart there are never any big movements, the whale's buy walls moving up and down are too big for lots of small users. And it suggests XMR distribution is a few mega-whales and lots of small holders, but I haven't seen any stats on what XMR distribution actually looks like?
I'm not necessarily agreeing or disagreeing, but if the part about being "quite easy to predict" where true then you should making a lot of money trading Monero, right?
I don't really see a good case that Monero is more influenced by whales than any other coin. They all have their whales.
Because I don't know what Warz or whoever is going to decide next. Maybe tomorrow they wake up and want a different coin.. Every time I traded I bought / sold at the worse possible time.. Even with Warz guarantee I would get it wrong...not a trader. I just accumulate what I think will be around in the long term
based on what the devs say their long term goals are and whether I believe they will achieve it or not from researching it.My guess is this will turn out as well as your trading, dashboy.
Honestly, I would never have guessed you felt like that about Dash Generalize.
If I believed the Monero FUD that he's an 'instaminer' who will dump in week 3, but obviously he's still here in week 70 coding new stuff all day like instant transactions and he grew it to be the leading alt so i would have to be pretty new to think that that guy was an insta-dumper.
Monero markets would worry me a lot more about people dumping and running off than the dash team...just sayin...poloniex situation isn't healthy...needs fixing
Blocka when this sham comes falling around you, just remember you were warned. I'm not even going to laugh or pull a "I told you so." That thing has scam written all over it, and in hindsight, you'll get what some from Monero, and others, have been saying. You've been told--it's the people who haven't or don't realize how dash got its start that I'm going to make sure see it for what it is. 500k in an hour will never be a "instamine," it will always be an instamine not quotation marks required.
Regardless of his affiliations, I concur with him that the Darkcoin team likely never is going to dump. Why'd they ever do that? Slowly seeping is another thing entirely. Other big holders might though, and some have already done so recently.