Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PAK] PakCoin - Pakistan's Crypto Currency - Official Thread
by
drwatson84
on 11/02/2017, 07:50:10 UTC
Huge dumps on cryptopia and yobit, I am wondering what's going on here with pak? May be btc rise or frustrated holders?

Hard to say what's caused the slump in price and traders offloading, perhaps they had a time-frame for investment and decided now was the time for them to cash out?

There's still some 20,000 sell orders in the 90's and some corresponding buys in the 75-80 bracket, perhaps some one is looking to bring the price down in exchange for a quick buck?

I'd keep sourcing venues to accept PAK coin.
Yes may be its the time frame kinda thing. Buy side is always good it builds up pressure, price rises and then minersminers load off their coins.
Thanks for support
6th: Abid Hospital, Islamabad, Pakistan (website: abidhospital.com facebook:abidhospitalislamabad) has announced to accept Pakcoins for their services Smiley
Coordinator for Pakcoin payments: Dr. Abid


 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked

bro,

you really need to promo this!!

this you writte a press release to the crypto media?

it's probably the first cryptocurrency that can be used to pay for a surgery




http://www.abidhospital.com/
I don't know if it's the first Crypto currency which is being accepted in a surgical hospital. Need to research on this. I haven't yet wrote press release to Crypto media, have a lot of things to do. I will definitely give a hint to someone related to Crypto media. Though I have published it on social media channels.
DRWATSON84, i do a few of my trades of PAK over at cryptopia and noticed a few days ago the wallet is in maintenance mode.  I looked over at the coininfo tab of cryptopia https://www.cryptopia.co.nz/CoinInfo/?coin=PAK and if you click on the "i" next to maintenance, this message pops up - "Investigating why withdrawals and deposits are not confirming".  Don't know if the issue is something on their end, but this maybe why there is a slump in price of late.

Figured i'd point this out in case it wasn't known.  I like this coin, keep up the good work DR.
Cryptopia had an issue of withdrawals and deposits confirms so that's on maintenance for last few days as cryptopia says they are investigating this issue. I can't say if this was the reason for dump?