Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [USDe] Unitary Status Dollar eCoin ** MANDATORY UPDATE @ BLOCK 107,500! **
by
knedle
on 10/03/2014, 23:08:34 UTC
Last trade:
2014-03-10 22:13:02   BUY   0.00000105   116065.77142857   0.12186906

and right after that somebody sold 65015.12786999 USDe in the buy order at 93! WHY??? Just place a sell order at 106, 105 or even 104 and don´t sell at 93. Noobs.

There are a LOT (and I do mean a lot) of people involved in mining that have no clue whatsoever how financial markets work, nor how crypto exchange price action works. They sell into every downtrend out of panic that they "missed the boat," they aren't willing to hang onto their mining proceeds for later profit, because they can't read charts and can't tell which direction the winds are blowing.

True.

Also those people are the ones that constantly tell you about "corrupted bankers", and how they were "scammed by those bankers". Wink