Post
Topic
Board Announcements (Altcoins)
Re: [ANN]Bitcore- BTX - SEGWIT - lowest fee - hybrid fork 1:0.5 of Bitcoin
by
OG_Sat0si
on 06/12/2017, 16:13:30 UTC
Quote

The faster the price rise, the more people register for the airdrop, the faster the address #1 will run out of BTX.
The more we get a steady and healthy growth, the more registered addresses are own by early BTX adopters, the longer the time it will take to empty address #1, the more we all are going to be able to accumulate BTX!


I can not agree more than that.

+1, I too agree 100% on that. Additionally, I would guess that the recent drop of the price may have been caused by BTC holders/whales who have dumped their BTX which they have got through the airdrop because they don't want concurrence. I would stop giving to these people tons of free coins to dump - only BTX holders should get the airdrop from now on, and be sure the price would soon moon.

We all agree with the bolded

If you look at the order book and charts, u will see that only ONE entity/person is selling or dumping thousands of BTX coins several times a day. 

This could be an early investor, whale, dev or even a hacker who has gotten their hands on a lot of BTX.  They have caused a huge reduction in price alone. 

It is not many people disappointed and selling as you could tell from the charts, look at the spike in volume on the 15 min charts on cryptopia.

Who do u think it is and why?  Someone check the code to make sure everything is great.