Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
SLR has become such a shitcoin. Every pump ends in a even bigger dump. I should have listened to cryptonick when I had the chance.
Don't get too exited for nothing.
Someone has been buying and selling his own stash for years now on bittrex.
I actually feel really bad for whoever is doing this. If you watch the market closely you can see how he buys his own stash to increase the volume.
In reality whoever is doing this is just giving away fees to bittrex. There is no other winner. This guy must be the worst trader ever lol.
And once he realises how much he has lost on fees, and decides to finally dump his stash, the price will most probably crash to nearly nothing. I'm glad I got out and I hope this serves as a warning to most people here.
Don't get too exited for nothing.
Someone has been buying and selling his own stash for years now on bittrex.
I actually feel really bad for whoever is doing this. If you watch the market closely you can see how he buys his own stash to increase the volume.
In reality whoever is doing this is just giving away fees to bittrex. There is no other winner. This guy must be the worst trader ever lol.
And once he realises how much he has lost on fees, and decides to finally dump his stash, the price will most probably crash to nearly nothing. I'm glad I got out and I hope this serves as a warning to most people here.
Seems like your analogy is only I think only considering SLR against BTC? have you put any thought about people comparing it to USD prices? or their actual BTC buy in points? I have seen a bunch of people look at things negatively but wasn't SLR hovering for a long time at 1500-3k sat when BTC was at the 400-700 USD range? and now we are at SLR and BTC being much higher. Regardless of how great a project might seem, it's also wise to cash out some profits
Always factor the unexpected variable, like a new tech that maybe makes BTC look really small in comparison; like how BTC makes fiat look? or like an alien invasion this afternoon that would probably make all markets crash instantly unless the aliens start trading BTC or something