Quote from: calvinstm on February 17, 2017, 10:10:27 AM

Quote from: loremipsum on February 17, 2017, 10:04:02 AM

I can't believe FUD has so much effect. 10% down in 24hrs just from fudding! Are people so easily affected? This is crypto, you should have been prepared for that.

Take heed of the timing of those attacks --- the FUD/Dump combo attacks are usually done in the wee hours (late night - early morning in North America or working hours in Europe), when buy support is at its weakest and people are not ready with BTC to catch the sudden dip (because people are either sleeping or working).. So it's very easy for any attacker to penetrate the buy walls and dupe newbies into selling lower..

It's been like this since the first day of FUD war... I am definitely seeing a pattern...

Good observation, clearly this type of tactic is used to maximize the effect for the attackers to drive the price as low as possible, in order to buy back at the low end of the price fluctuations. Some group really wants their hands on ICN, and loads of it.