Post
Topic
Board Speculation (Altcoins)
Re: [XVG] Verge - Speculation & Discussion
by
coinstash
on 21/02/2016, 09:39:11 UTC
Volume is dropping rapidly. Is the honeymoon phase over?

Nope. The guys who bought under 10 sat have stacked every sat point from 16 to 200 with about 6,000,000 XVG for sale. It completely killed the momentum. At least the bots haven't arrived yet.

This is the problem with a significantly premined coin, it leaves latitude to be defeated by short-term trading.