Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Cinni | PoS | No premine | No IPO
by
Yepachuchu
on 04/06/2014, 21:08:39 UTC
Just worries me that when this guy keeps holding the price down when its heading skyward's

we will miss our chance for the price to skyrocket and be stuck around 10k with little pumps and dumps  

I'll defer to more experienced traders, but hasn't that sell wall been shrinking?

Nah it varies anywhere from 10-31 BTC

So wait it out then. I don't understand the rush to pump things and the horror experienced at a slight downward trend here. I have buys set up between 7k and 11k... who wants to bet it will dump at least once more to or below 10k prior to a jump? Afterall, the screenshot euphoria should be wearing off and the meat and potatoes of the details should be out tomorrow, yes? So then, we have one last dip where people sell off if they think the news is a cliff leading to a dump, and we have people buying in at that price, like myself. Then it jumps when we see *actual* proof of features beyond the screenshot, which the dev did state was just for a progress update purpose, not proof of concept/work.

In summation: You buy thinking it will go up or you sell thinking it won't, nothing has changed about those fundamentals.