Quote from: aprimate on February 21, 2018, 07:14:09 AM

If you look a bit closer at the UNY numbers for the last 10 days on Livecoin, you'll notice that the trading volume was insignificant during the brief downtrend, so I wouldnt worry much about it. I would have bought the dip heavily if I had more BTC available in time.

Whily UNY went up hard and fast, the daily volume on BTC market of Livecoin alone was around 25 - 55 million UNY up until 0.00001285 BTC per UNY. According to coinmarketcap, that Livecoin BTC market is about 66% of all UNY trading, so the actual daily volume peak was about 90 million UNY on the top uptrend day - which is like half the circulating supply!

During the zigzag / downtrend in the last 2 days the volume was only 2-4 million per day, which is next to nothing. Ronnie Moas recommended not doing any trading during the swap (which btw seems delayed!), other than maybe take a little profit at will, which sounds like sound advice. So a few people took profits, most people will simply wait at least the 30-90 days it should take for everything to take off.

Uninformed and scared people sold since they thought it's a pump and dump, or because there are other uncertainty factors, like C-CEX being mostly a scam operations these days, and there being so little official information, which wasn't even supposed to be published yet.

I expected it would probably go down during the name change. Nobody is really talking about it, so nobody was going to rush in and buy it. The people that are holding it are not doing anymore trading, they are waiting for the name change.