Re: ☆☆ [ANN] Saturncoin [SAT] - SOON ON CRYPTSY - MINTPAL EXCHANGE !!!! ☆☆
There is no whale, there are no walls, there is no pump. Aside from the people interested in investing, there are a few guys doing day-trading influencing the price. So far the price had gone up naturally (this is a VERY good thing, nobody to dump). That said if devs keep up the good work and community stays strong, price has lots of room to grow. 
Yes the price is being pushed downwards so people can buy cheap, as soon as some scared people dumped their coins the prices go back to 10. I've seen this same thing a few times last 2 days.
The price isn't pushed downwards. It's just people following what other people say. If the vibe is good, price goes up. If the vibe is down, price goes down. Also half of the sell/buy orders are day-traders.
The reason price has gone up today is because of the cryptsy ranking. People got excited and bought in. Day traders saw the opportunity and bought in also. When the real investors got fewer, day traders sold to cut their losses and drove the price back down.
If it actually gets picked for Cryptsy tomorrow, price should go up to at least 12.
There is no whale, there are no walls, there is no pump. Aside from the people interested in investing, there are a few guys doing day-trading influencing the price. So far the price had gone up naturally (this is a VERY good thing, nobody to dump). That said if devs keep up the good work and community stays strong, price has lots of room to grow.
Yes the price is beeing pushed downwards so people can buy cheap, as soon as some scared people dumped their coins the prices go back to 10. I've seen this same thing a few times last 2 days.
24 Hour Volume:
54.168 BTC
absolutly just ordinary guys trading sure....
Man if I have 5btc I can buy/sell coins 10 times per day and make 50btc trade volume alone..
It's 54 btc because ppl are interested in it.
It has been on the top rank of Cryptsy for the whole week. But I do believe people are interested in this coin. I'm curious how the cryptsy launch wil go. Have seen some coins that got f*** due to the cryptsy launch.