Some people here have absolutely no idea what they are talking about!
XBL is not being traded by a bot! The volume would be much higher, new orders pop up as soon as XBLs get bought or sold.
The XBL/BTC pair is only available for a few days now. People buy in because its a new coin (explains 15 BTC volume in the first 3 days) and start to sell as soon as they see that nearly nobody else jumps the train.
The value of the coin will grow with further development. This takes time! For those who are unpatient and used to tripple their investment within days - feel free to leave and drop your money into one of the other 6193720172 altcoins.
But first of all, you guys should stop to panic because of a 20% decrease. Especially not in this thread. New potential investors will only be confused by this shitshow.
Man If YOU have absolute no idea about how the bot works on Cryptopia you can shut up and litsen. I have seen this same bot operating on other coins and I know its a bot, so really dont be a smartass about something you dont understand.
As far as I know, its obvious for anyone trading for a while in cryptopia a bot is trapping the price down. So I also wouldn't understand why would someone create an account just to try to convice people about the oposite. Im telling you guys the coin distribution is getting unhealthier for every week this bot keeps operating. If you really care about the future of the coin, lets start by not saying that a bot is not operating : ). If you are the one thats trapping the price down, well played then. But you are not gonna convince me. A bot is trappind the price down, im 100% certain. Maybe not 100% of the time, but it finds its moments to trap it down, belive me. And hes getting a real thick amount of XBL in the process. I could talk for ours about how this bot works on to thicken the amount of coins it has on a low volume market, but Id rather not bore everyone.
Or what I read here? I see it's about 20 cent a token. But who cares. Let's wait till end of the year.