Quote from: Amidoman on May 05, 2018, 12:33:03 AM

Quote from: Adriano2010 on May 04, 2018, 02:18:54 AM

I think that XLR will grow more. This trades and the drops price looks like a whale move to dump the price to get more coins. I trust Solaris and the price will grow this year.

I think too many panic sale heir Solaris and for this reason only I had to give up trading and I am not even thinking about buying to stake at this point, no matter how cheap it may seem as I'm expecting the price to drop further at this stage. I think masternode owners dump their masternodes at a loss too expecting the price will be even lower soon.
I think that only holding to the XLR can help the price at the moment.

Actually I don't believe its masternode holders dumping their coins, masternodes earn around 1.6 XLR daily and with 718 masternodes online that is 1148 XLR being created daily from masternodes. So lets do some maths, we take 1148 x the current price $6.61 = $7,588 which is nothing compared to the amount of volume daily which is around $65k to $70k. Also not everyone would be selling as I'm not selling any of my rewards and I know many people with several masternodes and they ain't selling either so I don't think its masternode holders selling. I think that a few are manipulating the price as there isn't many coins in circulation and can be easily manipulated with just a small supply. Just a rough calculation shows that there is around 500k XLR circulating.