People are still snapping up the coins on cryptsy even though people are dumping billions of them, if only there was some way to get people to hold onto them for a while. Perhaps make a bank that gives a little interest or something... Just an idea. Maybe the interest can be funded by donations from the biggest IFC holders?
It was me dumping, I've dumped over 7 billion of them. It may seem counter intuitive, but I've been taking IFC in it's billions from weak hands, then dumping on market to stronger hands, in order to liquidise and stimulate the economy. I've only got 1b left now, which I'm keeping and going long on. If the price gets in to single digits then I'll repeat the process and buy a few billion more.
ps: the MEM on cryptsy thing is just wrong, I bought a wedge of them, then somebody else did a dump straight after
Wait so someone did what you are doing and you ended up on the wrong end of the stick and that is just wrong? :p lol
Well how do you know the people picking them up are the strong hands? Could just be more weak hands that will dump at the first opportunity? Thus the price never really goes anywhere? Anyway it's all good, all part of the game. lol