Quote from: kristofabc on February 16, 2014, 09:56:10 PM

Well you can clearly see someone is dumping the coins, huge volume here and there.. How many coins does he have left that's the question

. I'm pretty sure he'll drive the price to 0.0025 or lower trying to cause a panic sellout

This relates to something else I think should be talked about. Funding well projects is great and all, but as of now we're 1400 coins into the well project. If you look at the candlesticks on cryptsy or any other exchange. . .a sell volume of that many coins will push the value down 30-40% or more easily.

I'm all for getting recognition and providing wells to people who need them. But it looks like it's at the risk or triggering panic sellouts.

Personally, I'd like to see the coin be a bit more stable before we commit ourselves to another large project . . So that our well intentions won't drop us dead when they're cashed in.

I'm just mentioning this, because I saw it happen to Earthcoin and wouldn't like it to happen here again.

Anyone else have thoughts on this?