Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SUPERCOIN] Anonymous Wallet Live in V2.1.2 PoS Superblocks SUPER FAST TX!
by
jakiman
on 01/07/2014, 08:02:34 UTC
No. People who are worried losing more are dumping for past 2 days.
Whales have dumped long time ago and are already BUYING.

Combination of people who are worried and groups dumping SMALL amounts which is still effective to lower price. If I had a million super and sold at 13k 900k super I still have 100k which I could use to force price down even more due to the low volume. This is how these groups work.
 
Honestly you guys dont know what you are talking about. These are planned dumps to control price, first a sell order at 6.5k when price was over 7k then a sell order at 6k when price was 6.8k. They are taking advantage of the low volume. Even panic sellers wouldnt set their order way under market price.

I agree with you. But there are also many who get impatient seeing other coins rise and sell at a loss to get in. (Some of my friends for example. Tongue)