Re: [UNOFFICIAL] [VNL] Vanillacoin 0.4.0 | Instant ▱ Incentivized ▱ Innovative
It has been discussed in poli troll box that a few users have admitted to running active bots in price-supression mode for VNL (on trex as well). Get cheap while there is no volume, because these cheap bots will get destroyed once volume orders pour in...
its too obvious what they doing
Yeah, they're selling mined coins. 40K/day, remember?
You probably mean ~24k VNL/day cause you must count PoS blocks and from that amount 17% goes to super peers so ~4k which leaves 20k VNL/day for miners.
And many of them are holding mined coins.
PoW bloks ~380/day
380x51.44=19.5k VNL/day
19.5k-17%=16,2k
so only 16.2k VNL/day (~2btc) for miners
Not all the miners are dumping directly to the market. Right now is very difficult to mine with gpu, fpga miners are mining vnl, and lot of them knows about john connor and road map, its nonsense to dump after mining....
but maybe 8k of those 16k are dumped...
Honestly i think the movement its a bot play, they are all the time buying and selling trying to get some coins from holders/dumpers.
And you can see sometimes, lot of kind of investors buying coins and again bots moving the price down to take cheap coins at lower levels, or maybe the bot's owners after moving the price low.
