Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin-Adaptive N-factor Scrypt-No more ASICs-[EXCHANGES/AMAZON/ATM/MERCHANTS]
by
mharvester
on 18/02/2014, 17:04:43 UTC
That post also coincided with massive vertical jump of price to break 0.01
In my opinion this post tell me nothing, except another proof? of ASIC resistance, avx implementation - good, but GPU still win the race, nothing changed. And you see 0.00215 in five hours (4.5 hours to eat till 0.00225 and 10 minutes to fell lower).
I still don`t quite get how a huge big BUYER is supposed to crush the price.
BUYER cannot crush, he is buying, so keeping price from fall. Two pages ago was a good prof and calculation, buyer will loose his money with price below 0.004 or so. This mean he has some information which we have not.