Quote from: Daisuke on August 11, 2017, 12:20:32 AM

Quote from: xdookiex on August 10, 2017, 09:10:44 PM

Quote from: shannen87 on August 10, 2017, 07:22:21 PM

Quote from: TwSeventh on August 10, 2017, 01:48:08 PM

Quote from: kynaz on August 10, 2017, 01:03:35 PM

I still do not understand why the price of the XVG has fallen so dramatically at this time, most people have sold all the XVG in a very high volume. I think we should not be tempted to sell the XVG at this time because everyone is dumping

it is very simple my friend.
because the whales suppress the price to get more coin,
if you remembered it,back then XVG traded at 2~5 satoshi for each coin.
after they collected a lot of XVG,what happen next ?
a huge boom happened,and that is why the price slowly goes down and being suppressed by them,

XVG at 70s sats, this doesnt look good at all. 50 sats here we come... then 20s...

you really think the bottom is yet to come?

XVG has a lot of development thats why the price goes up. it is just same to xem where it started at 30sats and now we could see it at the peak of 16k satoshi. Whales can control price but supporters of the priject has a lot of factor why the price goes up.

I agree with you, whales are the ones who can decide all because it can be up or down thanks to whales. I think it would be hard for the whale to skip this market because it is now very cheap