Post
Topic
Board Announcements (Altcoins)
Re: [GPUC] GPU Coin | GPU on-line sales OPEN | Marketplace is live
by
nauticatom
on 26/03/2014, 01:45:21 UTC
Im not sure exactly why the price has gone down, GPU's are selling on the store really nicely!

Because premine is being dumped? duh

Hey BuddyNoobo - No the premine isnt being dumped.. why dont you take a look at the market orders DUH... they are for a few thousand here and there... to put it into basic math for you,, 70 btc went into the IPO (premine), and there hasnt ever been a period of time where the buy book has been above 5 btc.. so even if us "IPO premine folks" wanted to dump, we cant... Its a volume issue presently, along with a price... We believe in the coin and are holding, or picking up cards...

Who really are dumping, are the nvidia and other low volume miners, who thought they could get an easy payday or a 280x for only a few thousand gpu, and are dumping those orders pushing down the market price.... Duh.........