Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [BLRY] **BILLARY COIN**| Multi Service Payment Solutions |
by
boomyak
on 14/05/2017, 21:36:29 UTC
was there some news related explanation for that flash crash on May 13th?

There was no flash crash, if you look at the volumes, we had 4.5 BTC of buys, and like 0.2 BTC of sells. It was pumped fast before people could support it with buys, and if you've been watching carefully you'll have seen that there's someone out there who's been constantly trying to push the price of BLRY down, for months. Every time there's a big pump, someone will within 10 minutes dump just 0.01 BTC worth to bring the price back down, often it takes less than that.

I mean, look we had a 10+ BTC pure buy pump within the last 24 hours, but the price went back to "normal", as someone purposefully kept dumping just enough to lower the price. 4.5 BTC pure buys a day ago, another 14 BTC of buys 2 weeks ago. The total buys are like 30+ BTC in the last month, and total sells are about 1-1.5 BTC.

Don't be fooled by whoever is trying to keep the price down. I mean, literally within an hour of pumping to 2400, there were sells @ 1000, for no reason, it's intentional manipulation to try and suppress the price to accumulate cheap.