Post
Topic
Board Speculation (Altcoins)
Re: [GBYTE] Byteball Speculation
by
tyz
on 29/12/2016, 13:32:13 UTC
Price recovered again from 0.008BTC few hours ago to 0.015 BTC now. Well I think we will see a lot of up and down movements in the next days. Many receivers of Byteballs just wanted the coins to dump them in order to make some profit. Last night, there were dumped several hundreds of GBs of Byteballs within a short time. That let the price collapse. Long term investors grasped many of these coins and stabilized the price. I think this procedure will be repeated some more times in the next time.

Price halved in half hour?

Whales dropped 1000 GB within half an hour. No chance for buyers to react in such a short amount of time.