There is something I can not understand : each time the price increase a little, for example, we were around 140 sat, someone sell very small amounts even under the buying offer : now 127 on Tradeogre while lower buying offer is 130 and 111 on crex24. This reflect not the "real price" because there is no averaging and keep IRD low.
As I'm not a trader, neither a miner, what is the point ? is this guy really mentalt retarderet or there is a strategy ?
Someone accumulating cheap coins before the moonshot first stage liftoff to $0.50 (basically LEO, Low Earth Orbit).
Yea someobody is clearly trying to keep the price low (which isn't half bad imo) to accumulate more coins. With the rapid coin emission of the first year it is quite normal to see the price drop specially with such a short time in an exchange. People who are hodling now are going to be the real winners in a few months time. The current price is insanely low for the nethash required to mine the coin now that the POW is GPU/CPU only. With the cheap ASIC/Nicehash hashrates gone I expect this to slowly pick up some traction along with more miners.