Post
Topic
Board Announcements (Altcoins)
Re: [ANN] {CredenceCoin} - CRDNC - Lending-Staking-Referrals-Mining
by
MaxiCripto
on 10/11/2017, 18:28:30 UTC
@MaxiCrypto

Ive watched the market for the last 3 days and every few hours someone is making a big sell order for 1 or 2 btc worth eating 2-3 pages of Ask prices in one go. Its not profit takers since they would sell at the best price their order. Every time it happens price goes down by 10 000 satoshis and recover slowly. First time it bought the price down to 10 000 satoshis but support has build up over time at 25 000/ 30 000 satoshis. I am not trying to FUD like poster above think but I find it concerning as an investor to enter a position when the price is push down every few hours.

thanx for explaining
i see
Must be someone that bought a lot of coins
I dont think it is the dev, because in the block explorer the adresses that sent the coins to burn and the adress of 2million are ok
So the 3 adresses of the dev are ok....they have not send coin out to dump
It must be some whale who bought at 0.25$, and now wnat the 10x times profit
at least this is how i see it
Or it could be the exchange that sells the fees that it collects
who knows