Maybe you're right, time will tell. But this dump was made by less than 100,000 VTC. It is nothing.
very correct, also off an exchange address, real VTC went off line to cold storage probably, could be an automated trading... anyways make your own judgements
on the exchange graph, 100K looks like a serious sell.. even 300K wall when executed, will be interesting later where it came from, if from the top.. then still one address , this is a long term coin, development will occur regardless
Incorrect. Jubi is the biggest trading platform for VTC, vtc on cryptsy has smaller volume than jubi. 500k vtc dumped in last two hours on jubi, 100k on cryptsy. Currently around 200k $ volume on jubi, 90k $ on cryptsy 24h.
And there is no big buy support on both exchanges.
When big pumps occurred you have 1million to 7million vtc candles on jubi. from 5.june you have daily 1million vtc candles.
thats how these pumpers like ryan play they dont play fair
they are not here to support crypto, only to make themselves and their cronies rich
my calculations only showed $100K because i only looked at one exchange, so add $290k to that and you now see how dangerous groups like this are for us individual traders
they are even braggin and boasting about it here
https://bitcointalk.org/index.php?topic=1063638.100they were accumulating SINCE FEBRUARY and this was their big cash out $390K for a few months work isn't bad at all, its more than a quater of a million dollars from one coin. Imagine what they are making with all the other coins they are manipulating