This is the kind of mentality Gulden has to deal with, not sure how the price will ever increase.
From slack
Bought a lot the last few days, had a nice average price of around 1550/1600, sold them this morning for 1700, expected this drop a bit. Think I'll buy back in again
Keep the bids below 1700 or this guy will dump on us again.
He was planning to rebuy in at low 1500s, not many if any sales went that low after he sold. We might be lucky that he is out the way now but there might be other traders that premature on 5-6% profit. I agree in putting low bids to try get coins off the traders that have to survive on these small profit margins.
EDIT: I have noticed a build up of 3.8 btc to 2000, traders are buying and placing higher sales.
Don't fall for the trap! Force them to sell for a loss.