Just discovered a HUGE WHALE on MINTPAL!!!!
has 1 Million in his WALLET!!!
has 1 Million in his WALLET!!!
Us and Faircoin are two of the only coins in the red and HARD in the red. It's complete and utter bull shit and all of you who sold deserve to get burned when the whales decide they have got enough of your coins for a third the price they were going at this morning. They are not stupid - they know that if they take it too low then they NEVER make anything on the coin they hold so many of because people will just give up. They have set the floor at 3100 and will push the price up from there. To make money they have to keep the market enticing -Therefore it MUST rebound and rebound hard and fast with a vengeance.
What good are 976,000 Blackcoin if you have elimnated all the people from the market who are prepared to buy them? Think about that.
What good are 976,000 Blackcoin if you have elimnated all the people from the market who are prepared to buy them? Think about that.
I wonder how much of his 1 mil he sold and how much of an effect that alone is having on the current price drop, the guy still has 1/75 of all blackcoins for gods sake. Everything about that retarded sell order means hes prob a hot pocket eating moms basement dweller, so to those who think this, or any, whale is "smart enough" not to dump all his coins and bottom out the price may want to rethink the thought process of someone who keeps 250k on mintpal in a POS crypto. Just sayin.
If this one fails , this proves its all due to the distribution.
a couple of people here stated to have 1M and not to be dumpers, thats definitly one of them.