Re: [ANN][AUR][MANDATORY UPDATE] Auroracoin - a cryptocurrency for Iceland
Most likely a bot just running and generating random sell orders of 5 aur or less baiting in the panic sellers to let go of all their aur's. If I had the coins to mess around with, i'd do the same. Risk 100 aur's to push price down 50%...buy back 1000 aur's at the reduced value then watch it rise. Basically spent 100 to double up 1000? Sounds good to me
Yeah, especially if volume is low, you can double your coins in a jiffy..
Basically what i was playing around with last night.. but because of the low volume, it isn't that easy to dump or pump in volume for any great profit. You make 20-30%.. but it's off a real small amount. Not a lot bites...
Anyways i'm not discouraging anyone to push it down to .03 range right now... please.. do
