Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
Morb
on 12/08/2014, 02:08:34 UTC


I'm pretty sure he meant that if you've been in the crypto market since that time that you'd know firsthand that the prices can and will fluctuate pretty wildly and that VeriCoin in particular seems to have come under attack from outside forces ever since it first began to rise.  He's right, though, as is evident by the stolen MintPal coins, the MintPal DoS attack, the attacks on the VRC nodes, the overly aggressive, downward moving sell walls which seem to occur most often during times of extremely low volume (when the markets are the least liquid and hence, more easily manipulated), the increasing levels of FUD, etc.  As I told someone yesterday, it almost seems as if someone is painting the tape in a downward direction while spreading FUD in order to scare prospective investors away, but of course that is only speculation on my part and at this point has not been proven.  It probably sounds too tinfoil-hattish to some but I've seen it before, though, when I actively traded tech-stocks during the dot-com bubble of the late 1990's and today's usual suspects seem to look and act almost exactly the same as the ones back then.  It got so bad at one point that some of the more aggressive bashers of that time (like Janice Shell) eventually got sued (see: http://www.secinfo.com/dPx8x.64.htm ).
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It's nice having someone like you around.  You offer perspective and insight, and you have yet to type out LOL, which earns you quite a few points there alone.

I agree with all of your points.