Quote from: SmokingCrop on July 09, 2017, 08:04:04 PM

Quote from: tobiblueeyes on July 09, 2017, 06:56:45 PM

Quote from: Porte on July 09, 2017, 06:35:05 PM

The only reason its dropping in price below ICO its because the owner and Tenx team are cashing out all the millions of coins they have, They are not stupid,,, that's why every ICO go below the price in the exchanges, I wish there were decent people who do not do this!

They will keep selling till they make big money....they have so many millions in their hands! imagine they sell 1 millions coins and they get $1million.

Sad but this is what is happening, who is selling then? come on you are not going to sell at a loss. Only the TenX team can sell at any price as they got the coins for free

i am not sure about this fact - but it looks very strange.
In ICO all tokes were sold out in 3 minutes ... now it is on exchange and the price goes down and down and down.

At all three days the price dropped - how can this be ?
If it is such a good coin - like everybody says - why was it not in plus even one day...
Today it is one of the coin which has lost most percent of top 100 coins.

I am not saying that this must go 1000% up, but i had expected about 10 - 30 % up in first days...

Now we have about 30% down in first days - thats really bad ...
I was so unhappy that i missed the ICO - then i felt really lucky that i was one of the first when i bought at bittrex (at good price)

Now i have lost about 20% in some days...

I hope that it will go up soon very much - i will not sell now with this loss !

But when i look at it maybe it will go down even more..

Because there is no value in these tokens, only what TenX gave it and what people think it is valued at.
Probably most of the people are not in this ICO for the project, they are in it to make a quick buck.
All they have seen is a token that has mostly only dropped in price and are quickly selling of their last tokens to atleast not get a loss from it.

This will keep happening till the actual investors (people who are in it for what TenX' Pay is) or the people who just want to make money in a medium to long period will start buying more than what is being sold.
This will probably be the beginning of the next peak. The big question of course is when this will be. The order book isn't very promising for now with more than double the amount of people that still want to sell.
Too many people see these ICO's and tokens as normal stock trading because they are only in it for the cash.

It wouldnt surprise me if this token goes to 0,65-0,8 USD before it gets new momentum.

Whether TenX is selling too or not is a whole other question that only makes this worse.

Yea this is probably what happened, some trader whales bought when released expecting high prices immediately out of hype like e.g: EOS and thanks to hitbtc price scam dropping %value, got stuck with thousands of worthless coins...except if they knew what the coin was about they wouldn't think it's worthless...

Let them sell, every guy who is into cryptos would love to have a visa hitting a wallet with coins. This coin will increase value sooner or later, it hasn't been 3 days!! Grin