Quote from: ycz on August 07, 2014, 12:17:29 PM

Quote from: allcoinminer on August 07, 2014, 12:12:37 PM

Quote from: hadi on August 07, 2014, 11:41:19 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.

if they sell all of them,we will see 3 sat agaiin !!!!

Selling is not a one side activity. Selling means someone is buying.
If a coin or asset is going to be burst there will be zero buyers and a huge column of sellers.
Market will be very very illiquid. These are the signs of a dump coin.
But look at Reddcoin, Market is heavily liquid. A lot of buy orders to chew all panic selling.
After all look at the Reddit community support. See members posts here.
You cannot see such things like in a dump coin here.

Agreed.

We can also observe that the price is growing steadily slowly.

I guess that's a whale who is disappointed and would like to cash out for the next target.

For making down price and accumulate at lows,
Big fishes create a lot of panic waves. Most weaker hands will end up as their feeds.