Quote from: poornamelessme on June 27, 2016, 02:17:35 AM

Quote from: electronicash on June 27, 2016, 02:02:28 AM

The problem is that this coin won't gonna have future if these dumpers get to dump every time the value rises even for just cents.
so they'd be squeezing every pennies from the devs. thus probably the reason why the DEV is currently buying waves back to the very minimum price just so they can set up the buy back wall that these dumpers can't break.

I honestly think the devs plan all along was for the coin to get dumped to smithereens. That's why Bittrex makes sense.

Dump, chomp up cheap coins, get listed on larger exchange, then cash out. Timing of any walls would correspond to Polo, or similar news... but don't think that will happen for a while yet. The question is what is the bottom.

The buy back wall at 30K was pulled, not broken by the way.

30K may not just be the minimum they are looking. if dumpers get to dump it all I say if I'm part of the dev team i would love to buy all if its worth just 1k maybe even less.
And if that ain't happen, they'll leave and create another coin for all the dev cares. They are on the win-win side.