Quote from: Yazz on December 06, 2016, 06:01:42 AM

Quote from: Pap0u on December 06, 2016, 05:53:40 AM

This is quite hilarious to watch.

haha... 'hilarious' is probably not the adjective I would use. I'm genuinely perplexed as to the benefit of keeping the price so low if this really is straight up manipulation. Although you did call the dive... props to you!

Because think about it. First of all it's way easier to dump a price then pump it and Factom is marginable meaning you can make money by shorting it. Also like many have said, the long term future of Factom is great, just not short term. Only so many buyers until they run dry.....this is such a small market so where exactly are we finding people to sign up on Polo and buy? Factom also pumped in the summer.....so this is the retrace we are seeing and people getting out, using the good news as volume to sell off. When we go below 150 we will start to see slow accumulation again, GrossBit is right. 150 looks like the bottom target.

Let me state for the record, I do not support this personally, meaning I wish Factom could pump and it is the only crypto coin that honestly deserves to at is point but I am smart enough to perceive reality.