Ninjastic
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Board Tokens (Altcoins)
Re: investFeed [$IFT] ICO Official Thread-Cryptocurrency Incentivized Social Network
by
Andre#
on 31/10/2017, 13:18:45 UTC
Quote from: nelson4lov on October 25, 2017, 02:01:35 PM
Quote from: cryptodv on October 25, 2017, 01:25:19 AM
Quote from: BeachedSeal on October 24, 2017, 06:54:49 AM
Why is nobody talking about this whale bot that has seemingly infinite IFT tokens, dumping them 10, 20, 50 a time.  It's been going on for weeks. I couldn't even guess how many have been sold this way. Millions?  So shady, makes me want nothing to do with this.

Second person I've seen today speak about that bot buying and dumping $IFT. Someone mentioned it on Twitter earlier today. Don't know who's behind it, but I don't think the $IFT dev team has any incentive in doing so.  Undecided


Could be just a random person trying to manipulate weak hands into dumping their tokens. This is simply a market manipulation. Like you already said, The IFT team has nothing to gain should IFT tokens lose value as the team has some holdings in their possession.
Maybe, someone has invested in IFT and disappointed when it saw the price of this token has decreased -> Take loss.
But, I do not forget the whale can alive at here, maybe they are the seller dumped the price of IFT to low price and want to make investors be panic.