Post
Topic
Board Announcements (Altcoins)
Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos
by
policymaker
on 08/08/2014, 23:26:11 UTC
I really don't think that is mike, because we have seen how easily XC can be pumped, and how much more expensive it can be, I really don't think they would play with cents when they can probably play with whole dollars if you get what I mean.

Whole dollar coins gets you a lot less coins.  That's part of my point.  He basically said without coming staight out and saying it, he can only afford to control price of XC because our coins are cheaper.  He's also picking XC because XC is a great coin and people will believe the price is climbing because of that.  He can't manipulate price of a shit coin that costs nothing because people won't buy into the price climb.  Also he can't do it with something like BTC because he doesn't have enough capitol to make a difference.

yeah my point is he could to do that to cloak or even darkcoin as well, its not that much of a difference, if they are experienced traders and know what they are doing they could use a coin with better volume now I guess? Or is this false? not sure