Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
MoveCrypto
on 18/02/2017, 16:58:11 UTC
no buy support with......withdraws not done yet.....will hit 8k sat in the next days.... Grin Grin Grin

There is such a thing as hidden buy support.  Say someone wants to slowly accumulate 50 or 100 BTC worth of KMD.  They won't set one giant buy order, because that would be inefficient and could set off a pump.

Instead they will use bots to keep placing small buy orders that newbies will panic dump into.

They will often use fud accounts to create negative sentiment and further panic newbies into dumping.