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.
unless his investors are also familiar with the crypto world, I stongly doubt he and his investors will have much of an influence on the price. Alot of people are skeptical about investing into bitcoin, now they are supposed to invest into an altcoin thats only been around for 2 months? You won't find any legitimate investors willing to pool in millions to get into XC atm. I'm sorry that's just silly.
Hilarious! You ever seen a panic buy or panic sell? People make irrational decisions all the time! Also, your dealing with kids. There is a huge amount of kids buying as selling coins. It's actually scary when you think about it. Kids don't handle money the same way educated adults do. I meet a 14yr old kid about a month ago that was more invested than me and a group on my friends combined. He was talking to me about it like it was a game. He was saying how him and his friends trade during lunch at school. Just think about that for a second. Your asking kids to make the same decisions you would.
stupid assumption, panic is panic, and i have seen kids act way cooler in stress situations than atendant adults. I really hate it when people start bashing "the kids" in crypto when they run out of arguments. btw I'm 31, don't feel personally attackt here.
I can't hear all this whale bitching anymore too , actually yes there are people with more funds than you to put into xc.so what. do you think they can just snip their finger and get 3 mil worth at current price? even off exchange that is impossible. Every single person in this thread would have been harrased with PMs for weeks . I havent once. He can hold the price down and sell to himself but thats about it right now.