Re: [ANN][VRC] | VeriCoin | PoS - Dynamic Interest | SMS | ANON
BTW without pumpers and dumpers did coin would have 3 btc volume , just look the last 30min dead TRADING on VRC on mintpal, now how can the coin ""make"" or "break" DRK without pumpers??? simply it cant . so everyone has too get use to it IE, FONTAS and others are part of the eco-system for good.
As i said i am fine with Pump & Dump ..i have been around for more than the last 5 mins in this game
What i am not fine with is trying to compete with a situation that can trade at a loss..as there cost base is negligible
Is this the case with the current state of affairs ??
In reference to teh last 30 mins on mintpal no trade ...everybody myself included saw the 250k & 150k dumps which where trading loss's and realized that there is no way to compete with that
There has been up until this point awesome demand for VRC and super positive grass roots trading....
I dont know what is the real story ...but something does not add up
A lot of people claim wallets are not growing fast enough. But if you just buy a coin, most people do not immediately transfer it to the wallet, especially not when a coin is so volatile.
Would you go take out a loan when you see interest rates that are volatile, or would you wait? Same kinda thing. I would leave my coins on a safe exchange in case of price swings in either direction that met a price criteria to buy or sell.
Which is why we see so many large addresses and why the top 1000 of every coin is always so uneven, Exchanges use the same wallets, and have the same data tracked, and they house thousands of peoples "HOT" wallets.