Post
Topic
Board Announcements (Altcoins)
Re: [ANN] microCoin MRC - alcurEX - Scrypt-Jane - nFactor - soon in alcurEX exchange
by
reftop123
on 03/05/2014, 13:18:34 UTC
I feel bad for all those panic sellers who sold at 1 sat and will need to buy back at 2...
They sell 30x of their usual amount of coins. It is the same as sell at 30 satoshi! They are not loosing, just making good money. Remember, mining IS 30 TIMES more profitable now, until wall at 1 is standing.

Assuming that people selling are only miners who sold what they mined since the reward changed ! But as a 25 BTC sell occured this morning, it's far from covering the current extra reward of the blockchain. Most of those who sold were traders who bought at 1 sat and will need to buy back at 2 if another 20 BTC sell doesn't occur...  

Edit : who bought at 1 sat, or more...
Not only miners, they want just sell before price drop to 5 litoshi.
The 85 ltc buy wall at 40 litoshi on poloniex already cancelled.