Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EFL] Electronic Gulden | The Netherlands | Cryptsy - Bittrex - Bleutrade |
by
Dutchyyy
on 23/09/2015, 09:39:00 UTC
Last month their was one person with a buy order of 25 BTC and their was also a dump so i think this person dump today to make profit........

Gr Zeero

The new person with the funds must be betting they can dump the same amount for 50 btc at the next halving early next year.

Again, I think your phrasing is too negative, so let me put it in a slightly different perspective.

First of all, if you sell only a thirth of your holdings on a day that the price is rising over 10% you are not dumping, someone else is buying. For liquidity it would be better if people put their coins up for sale, but if someone is bidding up the price, at some point someone is going to be satisfied with the offer and a trade is agreed upon, after all this is a free market.

Second I would like you to imagine that the person who was buying was actually in it for the long run, like most other participants, with the goal to educate the Dutch citizens. Why would he be buying today so he can, as you call it, dump for a double profit in 8 months? I think it makes way more sence if my last responce to you was picked up by someone who believes in that and is going to ride the wave all the way to a euro.



You said the same thing about the holders before this dump took place which negates this theory of yours. This guy made a profit and sold. We can't judge peoples actions but I made a statement that he wants to double his money but it doesn't mean I am right or you are unless mental telepathy is real. Smiley