Post
Topic
Board Announcements (Altcoins)
Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos
by
adhitthana
on 09/08/2014, 04:26:05 UTC
Can someone explain my how its possible that yesterday we had many news but price is still about 170??
Most crypto's are really just trading coins, where people try to sell high and buy low. So
I'd say there is a fair amount of this happening in XC too.
Big picture it still looks fine Smiley
https://bitcoinwisdom.com/markets/mintpal/xcbtc

It's like a magic show if you ask me full of misdirection.  Whoever is dumping for no reason is at very least looking to create week hands and uncertainty in the market. 
But no one dumps "for no reason". They may need the money. They may think they can double there money on another coin. They may have drawn a line in the sand and said if the price is not "x" by this date I will sell. They may just want to clear their mind and rethink things. They may have too many coins and want to reduce their exposure.
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Thing is even though there have been dumps lately the price seems to be going up slow and steady
It is. that seems clear.