Quote from: wB` on February 21, 2014, 12:37:57 AM

I would expect the price of MEOW to rally as soon as the Whales get the amount of coins they wanted. Its just crazy how easy it is to manipulate an entire market!

Yeah think about it- if you're someone with 3million USD to throw around and want to manipulate the meow market it would be cake. You can easily lay down huge sells walls and buy up all the coin they want then pull the walls once satisfied Undecided

...then let MEOW realize its actual value as we continue to build services.

..then take profit down the line, as well as have enough MEOW stockpiled to easily continue to manipulate if they hold enough.

Be smart don't get shaken down and let them have that kind of power of the market. I can tell you its definitely manipulation when I was put in sells (large sells, to test the market) at taking out taking out a 0.6 BTC buy wall, and it was instantly back, again, and again. This happens enough then they realize they can go buy cheaper lower and then move their buy/sell walls down.

We're working hard on the coin; this week has just been really busy and rough for crypto in general. I have been slammed at my dayjob and haven't been able to work on public stuff as much as I've been working on getting the marketing team together and talking with other dev team members about what's next. We're regrouping now that KGW is out and focusing on marketing, and delegating current team resources to other initiatives related to MEOW (whereas originally we were largely focused on the core stuff like wiki, forums etc.) like marketplaces, outreach, mobile apps, etc.

The initial launch/crazy burst is a phase of every coin's lifecycle. MEOW is just taking a breather. I certainly expect gradual price growth over time now that the hype phase is over. We'll continue to evolve and develop MEOW and add a lot more value whereas most other coin teams let it fade away after they take their post-launch profits... that's not what we're in this for (at least I'm not)- we want to build something with long-term value and that takes patience and proper planning.

We're also thinking about sprucing up the website some more, post up some site you like the layout/design/UX of and we'll take the hint Wink