Post
Topic
Board Announcements (Altcoins)
Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
dzimbeck
on 07/08/2016, 15:27:58 UTC
when will this coin be %5 of a dollar?

How about never. This has been ruined by someone who is clueless how the market works. Judging by the books and stagnation I'd say one person owns well over 50% now if that was a whale that new the game, this could rocket! However, as I said someone who is clueless is holding them.

That same person will destroy their investment lol because there is no room for proper players to get in without taking the price to levels where this coin is not worth and will not give them room to profit.

All in all, this coin will die because of that big holder and the volume will always remain as terrible as it is now.

Message to big holder........

You are killing your own investment lol

You realize this coin will be pegged right? Making the scenario you mentioned above impossible. It won't matter if a whale holds 75% even still the coin will force value by freezing supply by voting. That's the whole point.