come on guys. dont you think its a possibility that someone sold to themselves to crash the market and make everything look like shit..
No it wasn't a self dump, I had orders fill around 200 satoshis. Thanks to the whale for that, it was an easy 10x. The only realistic thing is that the free coins (self bought ICO) were dumped on the exchange. It's a scam coin. It's sad to see Bittrex add another scam...
Yes, its the only realistic thing, there is no way in hell the guy who dumped thought he is going to sell all his coins at 2x ICO price. NO WAY! obvious scam is obvious..
A few hundred thousand at least were dumped around 200-79 sats. So no, that is definitely not 2x ICO price. It's the dev dumping free, self-bought, ICO coins.
I hope it was the dev. Can't imagine losing thousands of dollars worth of coins.
Is it seriously just me who can understand this ? For real ?
A noob buys into the ICO has no idea about how crypto/exchanges work. He sees the exchange LAST price, which was about 4700sat, that is almost 2x ICO price, he decides 2x insta profit is sweet, he hits sell all. Is it hard to understand this or....wtf?? There could have been multiple noobs who did the same thing. Devs would never dump like this, they are not retarded.
No I do not believe devs dumped it, because that just doesn't make sense. I do believe someone made a huge mistake. Since that person must feel beyond terrible losing all that money, I commented that I do hope it was a dev and not some poor sob.
There was more than one million+ SNGLS transactions: http://i.imgur.com/nPn7rcQ.png
See, it would make sense to assume it was an accident if there wasn't multiple occurrences....If you just lost 10's of thousands of dollars by accident, wouldn't you read the review prompt before doing it several more times? Along with the numbers and balances, it states, "Disclaimer. Please verify this order before confirming. All orders are final once submitted and we will be unable to issue you a refund."
I think it was an initial investor....not a developer, founder, or ICO purchaser....It was probably just one of those who initially invested who received part of the 10% who wanted out early....He probably didn't lose a dime. I believe it was a huge mistake but no accident.