@ Stratobitz
I had to quote my own post because it's relevant
Your original argument was with 1000 XC (which I countered with my post below), then you edited it to 100,000 XC, and then theorized 200,000 XC for argument sake?
Where does it stop?
I respect your opinion... But a very strange logic is at work here...
And if I wanted to sell 200K, I would not put the whole amount up. That will crash the market and surely hurt me in the end. I would split up my sells in smaller chunks and get more money that way...
Ok..
I am holding anyway so it's fine
Screen grab at 11:55pm PST 7-5-14
And another at 1200 am PST 7-6-14
Judge for yourself folks
And I have seen multiple 100 BTC walls knock down from both sides recently... Those that actually follow the Mintpal market can vouch for this, and Mintpal's market history is always ready for your viewing pleasure.
It's all relative depending in how much you believe/understand a coin... Do your own research and trust no one
I had to quote my own post because it's relevant
Your original argument was with 1000 XC (which I countered with my post below), then you edited it to 100,000 XC, and then theorized 200,000 XC for argument sake?
Where does it stop?
I respect your opinion... But a very strange logic is at work here...
And if I wanted to sell 200K, I would not put the whole amount up. That will crash the market and surely hurt me in the end. I would split up my sells in smaller chunks and get more money that way...
XC is going to fall hard. Way overinflated - there are no buy orders (perhaps $25,000-$30,000 worth of actual real buy orders). There are 5.5 million coins. I'd say anyone holding more than a 1000 XC would have a near impossible time selling them at anywhere near these prices.
Again there a millions XC in circulation.
Strato
Again there a millions XC in circulation.
Strato
Ok..
I am holding anyway so it's fine
Screen grab at 11:55pm PST 7-5-14
And another at 1200 am PST 7-6-14
Judge for yourself folks
And I have seen multiple 100 BTC walls knock down from both sides recently... Those that actually follow the Mintpal market can vouch for this, and Mintpal's market history is always ready for your viewing pleasure.
It's all relative depending in how much you believe/understand a coin... Do your own research and trust no one