Quote from: TaunSew on August 03, 2014, 11:36:59 PM

Quote from: dandruff1138 on August 03, 2014, 11:20:27 PM

Quote from: makoto1337 on August 03, 2014, 11:19:15 PM

Quote from: Scharfenberger on August 03, 2014, 01:13:43 PM

Hey guys.

Did you recently checked coinmarketcap?

I checked it this morning and saw NEM falling to 900 USD per stake.

Do you think, there is someone who wants to bring down the price in an artificial way?

I can't see the aim of this behavior.

Maybe is it someone who wants to harm NEM or is there something I missed?

Whats your opinion about it?

You can't get cheap NEMstake to become a whale if you don't crash the price. Don't you know how this game is played?

I like how you guys make up whales when they don't even exist.

The guy who used to own 26 stakes now owns 32 on the asset exchange. Especially when volume is only $1000 a day, it's very easy to unload stakes to crash the price to trigger a sell panic (thus sell walls) and then to buy up entire sell walls on the cheap.

If NEM isn't going to be released until September / October then it was put on the asset exchange too soon. That guy who owns 32 will likely own 100s by the time of release. It's very easy to manipulate the token price if the volume is that low.

That whale is doing NEM a favor by preventing the NEM stake price falling to 100$. Because if he unloads everything now, that will be where NEM price is. Be careful with what you are wishing for.

It would take 40.000$ to buy 32 NEM stakes and if you think he will end up buying 100 stakes, that would cost 100.000$ or more. Even to me, that is not a small change. 100 stakes = 2.5% of total NEM. For 100K, he can buy the entire supply of ORA or 10% of Qora or Crypti or Viacoin. I am not the whale buying but , my friend, be grateful to people buying your product.