Re: [IPO-ANN][NEON] :: Neon :: The Most Advanced Second Generation Currency
bliljerk101... ADD
lay off for a while, you're all over the place
kinda weird that OP managed to squeeze one barely meaningful post.. for the whole day
must be busy with his MIT buddies
Exactly. Look what just happened to NXT. Some of the top dogs decided to take their money and cashed out big time. The market cap dropped off, and it scared away a bunch of people.
It's always easier to get frightened into cashing out when you stand to lose more as well.
When high stake holders cash out, they affect the market. This makes everyone nervous, and suddenly very little money gets put back in to the market to recoup what the high stake holders took.
WTF are you talking about. They are cashing out, yes.
There is nothing spineless about it. HELLO?! THAT WAS THE PLAN ALONG.
You expected them to babysit and cherish their stake? Maybe wait for little guys to get rich LMAO.
Haha touché!lay off for a while, you're all over the place
kinda weird that OP managed to squeeze one barely meaningful post.. for the whole day
must be busy with his MIT buddies
Exactly. Look what just happened to NXT. Some of the top dogs decided to take their money and cashed out big time. The market cap dropped off, and it scared away a bunch of people.
It's always easier to get frightened into cashing out when you stand to lose more as well.
When high stake holders cash out, they affect the market. This makes everyone nervous, and suddenly very little money gets put back in to the market to recoup what the high stake holders took.
WTF are you talking about. They are cashing out, yes.
There is nothing spineless about it. HELLO?! THAT WAS THE PLAN ALONG.
You expected them to babysit and cherish their stake? Maybe wait for little guys to get rich LMAO.
However, if they used their "power" to grow the NXT market, they would have made even more money. They know that. They cashed out while it was a guaranteed payday.
Partially "I'm gonna cash out now that it's up a bit", and partially "Shit, the value isn't skyrocketing now that the code is public like we thought it would, I'm out of here."