Quote from: allcoinminer on August 07, 2014, 10:02:30 AM

Quote from: husky1971 on August 07, 2014, 09:04:12 AM

Quote from: husky1971 on August 07, 2014, 09:00:48 AM

Quote from: hadi on August 07, 2014, 08:19:38 AM

Quote from: allcoinminer on August 07, 2014, 08:11:31 AM

Quote from: Anders on August 07, 2014, 08:01:46 AM

Quote from: allcoinminer on August 07, 2014, 07:50:04 AM

Quote from: Anders on August 07, 2014, 07:29:13 AM

I read on Reddit that big traders (sometimes called whales) buy a lot of altcoins and then there will be an automatic momentum where the smaller traders will cause an upswing of the price, and when the price has reached a certain level the whales sell all their altcoins and buy bitcoins, and the altcoin price drops. The whales keep their wealth in bitcoins and only use altcoins for temporary stunts like that. In this way the altcoin price is being drained.

That is true but normal, its not applicable in all alt coins. Quality coin with good development team like ReddCoin survives.
Big fishes also spread bad news through medias, forum, artificial chart formations to Markdown as in my above post.

Maybe social tipping is a good idea after all. I'm not sure yet. For example a video website could compete with YouTube with a tipping system instead of intrusive ads. I like ads, when they are non-intrusive. YouTube has started with too much intrusive ads that force people to watch the ads for say 20 seconds, and even with ads that interrupt in the middle of a video! A video site with tipping could give content creators a better way of earning money, and then Reddcoin could be an excellent choice.

Why I love ReddCoin is their business model, it has a good future and their professionalism.

I cant see any future if drop under 10 sat.

I can see the first person who has 7 bilj. sold already 3 bilj. He was the first place blockexpr. I think he gone sells all his coins. I follow the blockexplorer from 2 aug.

About 10 people dumping the coins

Too much micro managing is not good.

Please explane to me, because dont understand. I try to make money and try to invest meaning with real USD. Iam only 7 months in crypto and not understand everything.