Quote from: pineapple express on August 31, 2018, 10:55:52 AM

Quote from: barborrico on August 31, 2018, 10:50:16 AM

Quote from: TobiWan on August 31, 2018, 10:38:49 AM

Why?

Uncertainity about distribution length.

I would say this is the bottom, but hey... it would be 5th time this year.

the bottom is when you yourself can buy up all the coins Grin

. Then the price can't fall lower, because you know for sure that you will redeem all sales

I have been thinking the same - Lol. In fact, big whales can play this game with little-medium coins which are very depressed in their price. In the case of one good coin with a total capitalization of just 500K USD I was thinking that I'd be quite close to be able do the same and establish a floor that couldn't possibly be broken. In the case of Byteball, currently you would still need too much money to impose a floor with 100% certainty - some tens of millions of USD which would be able to buy up to the total suplly if all dumped at current prices. But people with a lot of money can actually really plan to impose a floor to some coins they believe in, an operation which realistically would need just a fraction of the total capitalization of that coin, since anyway buyers and sellers are quite balanced all the time.