Re: [ANN] Zcoin (XZC) - Implementing Zerocoin technology for financial privacy
announcement
encase no one noticed there is no actual illiquidity in this market, over the past 3 weeks a whale has accumulated over 25% of the market, ~150btc worth, i was watching the distribution list closeley.
now he will place a large buy wall so inexperienced traders buy his sells at a 150% premium
once the bags empty, buy walls pulled, market returns to an illiquid market with 1btc per day trading volume.
quote me on this in a week
encase no one noticed there is no actual illiquidity in this market, over the past 3 weeks a whale has accumulated over 25% of the market, ~150btc worth, i was watching the distribution list closeley.
now he will place a large buy wall so inexperienced traders buy his sells at a 150% premium
once the bags empty, buy walls pulled, market returns to an illiquid market with 1btc per day trading volume.
quote me on this in a week
And perfectly timed for the coming altcoin season of pump and dumps. No disrespect for ZCoin, but it can happen to any low volume coin, even the dead ones.