Quote from: mr_larsen on March 20, 2018, 02:00:00 PM

Quote from: AK87 on March 20, 2018, 11:53:36 AM

Quote from: DjemBoot on March 20, 2018, 09:13:35 AM

I really love to see the progress...

BTW, Congrats to Valuto and The Team... Now Valuto is rank 9 in terms of 24h trading volumes in coinexchange... I just cant believe that. Even, the price is nearly doubled at this moment, 149 sats... Grin

Ready To THE MOON .....

The volume is fake pump, You can see in the order book that someone sold and bought over 100k coins at once for many time to push the volume up.
It's either the dev or a whale holding a lot of coins.

I'd be cautious at this point, it could dump soon. Mostly everytime a coin gets volume pumped, the only reason is to add more buying orders that one can dump to.
With a 133 mil supply, This coin could be well worth 10sat one day.

Hello AK87!

First of all, this is not the devs/team pumping the price, we would like to state that.

Furthermore, it looks like all sell orders have been reduced significantly since a week ago. We believe this is why the market reacts like this.

https://vluchain.info/q/totalvlu - as of writing right now, there is total 14698450 VLU in circulation. It will take a 'long' time before it reaches 133 mil. circulation.

At last thank you for all the support and thank you to the expanding community! We are growing these days, and it's really awesome for the team to follow this!

/team

Hey there, thanks for your input. Since its hard to tell who owns how many coins, no one ever knows if a dev is doing this or someone with a lot of coins.
Clearly its someone who owns 100k+ Coins. I don't want to blindly accuse you, Sorry if it came that way.

I am pretty sure that in the past some devs have done this to push their coins (also to get CMC listing, since you need some daily volume for that).

I just want to inform people about stuff like this..because as you can see, some people all of a sudden show interest in a coin when its volume pumped.
That doesn't mean it's a good buying point though.

If the sell orders have been reduced then it was that guy holding 100k+ Coins. He probably closed his orders so the total amount of coins in the order book shrinks and the price goes up due to lower supply.

Then he pumped the volume and he will probably sell into the orders throughout the day.

As a developer, you shouldn't care about this at all, let alone the price. You should take care of your coin and build a good future. I know that all coins who deliver will have a higher prize one day.