Quote from: adjed on March 17, 2014, 12:28:32 PM

Quote from: Clyze on March 16, 2014, 07:11:21 PM

Quote from: Todorius on March 16, 2014, 03:06:53 PM

Quote from: Clyze on March 16, 2014, 01:34:45 PM

Looks someone really is dumping their coins. Might aswell be selling to themselves and fake a price drop. Curious how bad this will be.

But you guys do realize that 95% of alts are being dumped right now?
Not only LOT, but other coins also suffer. Keep strong, hold your coins, and be very happy in a few months.

Of course I realize that. I just bought in, will hold for a few months.

It's absolutely ridiculous.

Loto 2 satoshis, Leaf 1 satoshi, Kittehcoin 5 satoshis, Casinocoin 500 satoshis, we can keep with this list forever.

Then you have shit like spaincoin in the moon..

Pump&Dump + autosell are going to kill this virtual currency market..

I agree, these pump&dump coins, often premined, are totally draining the market of good alts like LOT. It's sad to watch, but on the other hand, it represents a good buying opportunity.
When enough people get burned by these pump&dump schemes, they will get old and eventually die out.

Only good coins will be left, aurora, spain, etc will just die out.

New alts will get more scarce and eventually very few new alts will come into existence.

Then the money will flow back into good and undervalued alts, LOT, DGC, ANC, etc.
All of them are down, all of them will rise again when people have enough of those pump&dump scamcoins.