Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ZEN] ZenCash: Private, Secure, Resilient CryptoCurrency with zk-SNARKs
by
Grrizzly
on 01/01/2018, 07:07:01 UTC
Been watching the trading on Bittrex - is there any reason why the whales keep dumping through buy walls? Saw 8 BTC worth of the stuff dumped instead of allowing it to retest the 0.005 high? Seems like there's heavy unloading going on for one reason or another. If you hold 1000+ of these things why in God's name would you dump it?

to rebuy it later, like I did twice already this month  Grin

It's a dangerous game to play

If I had to guess I would say its likely the PBC buyers who had no idea and no interest in knowing what they were buying they just jumped on because a big pump'n dump group said to, its been long enough now that those types of people might be looking to lighten their "unkown coins" load.

Personally I think this coin has a great future ahead of it but am happy to see it lose some of the dead weight, better shed it now than have it as a barrier when it has many more times the value/weight.