Post
Topic
Board Announcements (Altcoins)
Re: [LOOOK for profit!] [TEK] TEKcoin PoS/Pow 40% Stake Interest every 30 days!
by
Biomech
on 03/07/2014, 03:45:39 UTC
Anyone know what caused the dump this week? Was someone spreading FUD or is it just that everyone received their monthly stake and decided to all sell at the same time?

i think its the second option


I'm agreeing. You got two things going on. One, it got really hard to get ANY tek about 30 days ago. Two, it's the beginning of the month, and everybody got bills. Three, BTC went nuts. I think we're just seeing some profit taking. The two stage dump was a bit of a surprise, though. the price had nearly recovered, and then dropped again. Hopefully next month the stakeholders will be a little wiser in their sells.

Wait, what am I saying? Dump that shit! I'll be ready for it next month! Grin