Re: [ANN] Spells of Genesis - Innovating the Game Economy with BitCrystals (BCY)

I have never seen so many ragedumps in a coin as byc.

Someone sent 2 million BCY to polo yesterday http://blockscan.com/txInfo/12269154

source: http://www.polonibox.com/?messageText=bcy

It's one guy suppressing the market.

This is I think what happened, if you trace back you find that one person bought ~5 million BCY during the ICO in 2015.
2 million were recently moved to Poloniex as indri123 noticed, 1 million on the 28th, 1 million was moved time ago. So about 1 million BCY remain in the original address.
Even at current prices it's a lot of profit to be made from ICO prices so whoever that is they are cashing in and there's nothing anyone can do about it.

Here's the address: http://blockscan.com/address/14mrvfR6VajW8CA3u5d2LrQjKtb2oWifdm, follow the trail.

Just hope they run out of BCY soon!

what was ICO price?

From my calculations:
Bitcoin was at most 235 at time of ICO. Doings some math I get 1.9 cents per BCY in September 2015. We are at 19 cents now, so 10x return, not bad.