Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.2 | DarkPP/MinerPP/CoinPP | ZeroTime UPDATE!
just as a comparison
ETH has 288,000 out of 27,000,000 up for sale (~0.4%)
VNL has 900,000 out of 9,000,000 up for sale (~10%)
on the first few rises on vanilla, the was a mere 100k up for sale, now were almost 10x that, someone is manipulating.
and i get a feeling it has something to do with the chinese miners, who claim the will suppress the price and its "game over for vnl" in their words.
this is not looking good, still holding tho.
ETH has 288,000 out of 27,000,000 up for sale (~0.4%)
VNL has 900,000 out of 9,000,000 up for sale (~10%)
on the first few rises on vanilla, the was a mere 100k up for sale, now were almost 10x that, someone is manipulating.
and i get a feeling it has something to do with the chinese miners, who claim the will suppress the price and its "game over for vnl" in their words.
this is not looking good, still holding tho.
Just a comparation
ETH is 99% ICO coin with 10 hours confirmation and double spend problems without proper GUI wallet so basicaly semiproduct. Whales playground. Huge bubble.
VNL is 99,93% mined coin, with ZT technology, with 1 confirmation on exchanges, without double spend possibility, with basic GUI and 100% development, suppresed by few whales and big china miner because john-connor won't listen their demands for p'n'd games.
This actualy looks better than anything out there.
Poloniex exchange 'situation' can be solved with 1 click.
i was not comparing the coin or tech to vanilla in any way, i was just pointing out the supply/up for sale ratio in comparison to other coins. and the fact we have 20x more than the majority of coins up for sale at one time, suspicious. i just feel we are being manipulate.
ill continue to hold, im in it for the tech not the price, and eventually the price will represent the quality of the tech
Of course this is manipulation, that's why I said that this looks better than anything out there.
Use your enemy strength, if someone suppressing price than you, me or anyone can buy more at current price levels.
For long time I didn't see so much FUD around some project while at the same time project is just what crypto system needs.
That can only means that VNL is threat for many and they will do all they can to make VNL fail but the thing is people are not blind and anyone is able to try, test and see that VNL tech is far more advanced than anything out there and such tech is something no one can suppress endlessly.
Current situation maybe isn't good for short term which most daytraders are looking for but than again suppression can be solved with 1 click.