Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
Nothing justifies 20-30% drop per day. No sane investor s gonna sell that way.
Buy orders have dropped to 35 BTC cause no single sane person s going to buy having in mind his actions.
You seem to be saying that at the current price it would be insane to sell and also insane to buy.
How do you feel about holding?
Nah, I m saying exactly what I stated.
I m saying the whale s not sane cause he could earn much more if he opted to sell lower amounts over prolonged period of time. This way he would be able to get 5x higher price per CLAM he gets now. That s no sane IMHO. The fact he does not do that supports my theory he s not going to stop until he completely kills CLAM.
I am also saying no other sane investor would place a buy order now knowing he the digger whale s going to keep dumping and dumping. Would you buy anything now?