Ninjastic
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Board Announcements (Altcoins)
Re: The Official PandaCoin thread! [PND][Scrypt][KGW][0% PREMINE]
by
ap3311
on 07/03/2014, 11:08:40 UTC
Quote from: boop123 on March 07, 2014, 10:01:16 AM
Quote from: barryzand on March 07, 2014, 09:56:41 AM
Quote from: ap3311 on March 07, 2014, 09:21:23 AM
Miners are still instantly dumping any buy orders...  Angry

why do you blame miners?? no one is mining this now for instant dump since there are no buyorders... meaning miners will most likely hold....

sellers are probably people who held the coins... just like us.. and are afraid they never see a btc back for there effort Wink

Yes we cann't blame miners.they also want PND up. what we can do is helping devs get PND to bter.com .

They have no long term interest in the coin, they just mine and dump straight away for BTC.

It's fine to do this when there's a liquid market, people buying and trading, good volume but right now we have no buy orders at all and whenever anyone tries to put a support wall up it gets dumped into instantly.

If they waited and allowed the buy support to build back up then we'd start to see volume again. Right now nobody wants to put anything into this coin because of this, I'd much rather buy at 3-4 with orders on both sides of the book and a liquid market then at 1 with no other buy support.