Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Crypti | XCR | Launch August | 100% POS | New Source | Trading has begun!
by
megashira1
on 16/08/2014, 00:43:43 UTC
The point is some people are underselling there XCR in exchange for BTC thinking that BTER may pull a bankrun. Others are holding because they do not want to risk selling and not being able to get back in if things turn out favorably.

My point is that it makes no sense to "holding because they do not want to risk selling and not being able to get back in if things turn out favorably" in the situation when "some
people are underselling there XCR in exchange for BTC thinking that BTER may pull a bankrun" and not have buy orders placed as low as 1 Satoshi. If you think XCR is not worth
buying at 1 Satoshi or 10 Satoshi - which is what you prove by not having buy orders at those prices right now - you should sell all XCR you have.

there are buy orders all the way down to a 500,000 order at 200 satoshi.  

You are not listening. There are 100M XCR right there at Bter but people are buying less than 10M, maybe even less than 5M. Unless there is at least 100M in buy orders it means
a massive dump which would fill all existing buy orders - it can happen - would leave many with XCR which they can not sell, at all. It also means that those same people missed a
chance to buy a shitload of XCR for as low as 1 Satoshi. Put differently, if you are holding XCR but do not have buy orders even down at 1 Satoshi you are a proof XCR is not worth
even 1 Satoshi - so why the hell you are still holding it?

One is proving they do not wish to take on any more risk and or do not have any more disposable BTC.