Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin | Scrypt N | Beat ASICs | Must upgrade wallet due to a bug in OpenSSL
by
soulnecturn
on 04/05/2014, 16:29:16 UTC
I have no idea why the price dropped but I think I should buy just in case.

Well, I suspect that someone for NOW trying to keep the price low... look at order book carefully... generally between 195k satoshi and 182k satoshi there are small amounts 0.1-5 vtc placed by someone JUST to hide the big break between real value and the higher... Some getting on this trap and selling own coins that cheap ...
If I had to guess its an action to keep for w whole lower price so hashrate wont spike to much yet ... so we all can mine little more on this still low hashrate Wink Pretty good sign but better if this wont be done to long as some real investors (not wales who just buy to sell after moment etc) might miss vert...

Another thing is this new coin MON added to vert. Still many, many dont know simply what to think about it under matter of how price will go on ...
I just fully hope that there wont be thinking that MON is part of vert and price must be spread on them ... just hope this wont be the way of thinking Wink

Anyway ... If i had any btc left... anything .... for sure I would jump to buy more at this 180k satoshi values ... I dont think price will spark like x2/x3/x4 etc soon just like that ... but I am pretty sure that within days/weeks more will be joining vert and merged mining (still so many gpu users dont see vert which is odd...) and then price wont stay at so low ...

Thats my general thinking - without taking into consideration other aspects of vertcoin as coin itself Wink Just raw thinking Wink