Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
by
31103
on 02/08/2014, 07:49:06 UTC
ROFL ! so we have 52 btc dump on mintpal (bittrex dump was smaller and didnt go to that price lvl in buy orders , just like last dump) and a dumper is just at least 5 btc shorter -ROFL !!!, ROFL !!! haha Grin Grin Grin

You know.. if that dumper had lets say 200+ btc and wanted out of cloak 5-10 btc in slippage is minor especially if they got in early. It was 6000K sat and sat at 15K for a long while.



ok but in that case we are talking about investor who want to get out of cloak , what is the point for him to dump price when he can slowly sell at 20% higher price (dump from 246k to 205 k), i just dont see it.

Who am thinking is a guys who are buying slowly as cheap as you can and then after hey have some ammount of cloak they dump it on the market , so in that case with last 48h cloak prices when i assume dumper bought in , he must have 10-20% lost in dump.

And darcoin holders makeing organizated dumps on cloak is not theory , after 150 btc dump from 2 days ago they admitted it.