Post
Topic
Board Announcements (Altcoins)
Re: [2014 FLAGSHIP ALT] *EarthCoin* EAC +1 Community, +1 Exec Team, +1 Best Talent
by
testbitcoiner
on 22/01/2014, 12:10:20 UTC
Can somebody explain to me one thing. First of all, why did the price go up, then the payout increased by 5 times? Shouldn't it go down?

And why is the price going down now? Shouldn't it actually rise, after the x5 payout day?

it is not going down... it is stable at 200 atm


and it went up because the 5x day was already priced in.

people who wanted to sell did before 5x in expectation of lower prices

people who wanted to buy waited until 5x had started, in expectation of lower prices

ergo: prices rose