Re: [ANN] GridPay | Gate Keeper Multi-Platform Node.js wallet | Merchant API | NFC !
What the hell happend here? From 500k satoshi to 350 satoshi ??
Nothing, we call that manipulation. Next week or next month it can be again 5000sats or so.
bullshit placebo and you know it. But a man gotta do what a man gotta do to dump his bag on the next fool, right?
What happened is that the "devs" who probably "bought" 95% of the supply for 0 stats during their ICO have dumped again (after the first p+d where this coin reached the cap of NXT) after releasing the big "news" and unlocking the thread after deleting every single post back from feb. If they are ever going to pump it again is hard to say, no one knows other than scamdev and his friends.
1. Yes, DEV took a lot of money, massive amount of money.
2. DEV has massive amount of money, so they can easily buy a lot of the coins back theirself at almost nothing.
3. DEV release their product, and pump it himself and people will start buying it again.
Winners?
1. DEV for a few 100 BTCs
2. People that are buying now at low levels.
Losers?
1. People that bought at 100k or so, but then they have to average down and become a winner again.
So i believe we will see a lot of pumps and dumps moving forward, if a DEV has +100BTC then he can make every pump another 10 BTC easily, so why should they be stupid and move away? They will not move away, and they will pump and dump it several times, and it is on us to know when to get in and out
