Post
Topic
Board Announcements (Altcoins)
Re: ••• [ANN][SMC] SmartCoin • KGW • Cryptsy • 9 EXCHANGES •••
by
tbturner47
on 04/03/2014, 13:50:02 UTC
Whats the point in keeping the price down?

To get more coins cheaper and cheaper, and when the time is there sell high cause i believe the person holding the value low at this moment also knows it can rise in value to make a nice profit.

^exactly this. The 1btc buy pretty much proves this. No reason for a single 1btc buy order that takes prices up 90% unless that person were adding more stock to their holdings.

Someone is definitely keeping prices down to tempt large sell orders so he can pick them up.

Then we need to buy buy buy!