Every altcoins are up , nav is down ? Why ?
We have a RETARD who has permanent 50k nav buy and sells scaring people away. If you take away his orders there are only like 10 BTC buy orders. He seems to think that 50k (which is more than most people own) is a sensible amount to put as a buy and sell order. Newcomers see those orders and think "I have to compete with someone who is trying to buy 50k nav" so they either walk away or can see what he is trying to do a mile off and look for another coin. Its there in black an white. The bots are doing the small trades (kind of normal) but have a look at the buy orders it goes form less than 1 BTC and then jumps up 8 BTC because of our resident RETARD. then further down the list he has more 8 BTC buys.
The difference in his buy and sells is not massive, so he isn't making that much money - If he let the market do its own thing, more people would come on board and he would make more money as real demand will push the price up. But yes all other ALTS are going up and down with BTC fluctuation but we are just stuck with RETARD boy.
As Elon Musk says - demand is more beneficial than price as more demand pushes up prices.
Yeah he can do what he wants with his money, but I don't think he has got the idea of how simple economics works or how easy people see what he is doing.
I've seen this same "RETARD" or maybe his cousin doing the same thing with a few other coins. There's another coin thats been around for a long time and was finally seeing some much deserved natural growth and steady increase in price and then all of a sudden it started doing the same thing as if a BOT was activated and the natural movement turned to crap. I'm a NAV holder as well and love supporting NAV but was forced out of my position because I didn't want to lose the profits and wanted to accumulate more NAV. Of course BOTS are well known for being used in markets but it really has to do with the owners algo. Maybe he has his BOT on RETARD mode. Anyway I wish all of the real long term NAV holders the best of luck. NAV has a lot going for it and extremely undervalued so eventually the market will outpace the BOT causing NAV to make new highs.