Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KARM] Karmacoin - See new KarmaWall www.ikarmacoin.com !!!KARMAZING!!!
by
Dunking Style
on 07/03/2014, 10:39:30 UTC
Someone just added 7 more coins to the sell wall at 2 satoshis.  Groan

The guy/group is probably trying to load more up at 1 sat
I mean..1 sat is a pretty sexy price..

Or he's just buying up everything being dumped at 1 satoshi and then turning around and placing it in the wall at 2.   It will now take 140 BTC just to get KARM back to 6 satoshis....unless for some reason those walls get pulled.

Not quite.
You have to take into consideration that some of those walls are artificial set up.. not to mention that when a market trends upward..people have a tendency to retract their sell and wait for a higher price to cash in.