Please have a look at the Bittrex trading history. You will see that our bot market purchased quite some Incent over the course of several hours, few small orders every minute.
Regarding the dump: We just paid a PR outlet in Incent for their services during the ICO. They immediately transferred the whole payment to Bittrex and it looks like they want to sell all of it, pretty short-sighted if you ask me.
Thanks for a possible explanation.
Not only is it short-sighted, they must be a
TERRIBLE PR company. If the market happened to naturally dump ('on the news' perhaps) well that's out of anyone's control but what could be worse for PR than them dumping Incent (potentially precipitating a larger dump) at the very point you are starting to buy off the market for the first time ever and so hopefully demonstrate the impact & future potential of one of Incent's main USP's? Only get to make one first impression & ironically the people paid to help make it great have made it pretty poor.
Regards bot buying, shareholders will be keen to see evidence presented transparently, clearly and frequently in this thread especially given the recent market movements.
Good luck, some great projects using Incent atm.
I think it's extremely likely. They transferred a large quantity to Bittrex and a dump immediately ensued. Followed, no doubt, by a bunch of other holders who got spooked. I saw a couple of large sell walls moving downwards as they tried to jump in front of each other, presumably hoping to be the one to catch the bot's buys.
I'm not sure what evidence we can provide of bot buying except the trading history on Bittrex - other than the fact that Incent will be turning up in the accounts of EncryptoTel and MobileGo holders, and our reserves should be getting refilled as fast as they're paying out (for obvious reasons, we don't pay ICO investors directly with an exchange withdrawal). That should be all the proof you need.
I guess the bot buying Bittrex history would be good if people are concerned but it does seem like it all squares out pretty clearly.
The only thing I could think of is that you could sell your/company Incent to ICO holders off-market & for a slight premium. Without clear accounting, ICO holders wouldn't know if they paid over the market and investors wouldn't know if ICO investor demand is all being supplied from circulating supply bought on exchanges or from total supply but I guess that would be visible too via reserves/other etc.