Re: [PND]Pandacoin | 9 DAYS LEFT | August 30th - Rethinking Digital Currencies |
This price is being bumped and it's not because PND is gaining popularity. Look at the buy orders. There is basically a free fall to bottom if someone from the holders sell.
Don't worry, this is a frequent event. It's like digging a big hole, then pouring the water in rather than adding water every time you dig up more dirt.
Though, I have to say that this is one of the biggest dug holes I've seen yet.
what do you mean? you think it will go down?
It has to. Take 3 steps forward, then step back 2 spaces. We were at 300 with a solid amount of LTC to back it up, then we shot up to 473. Now we will have to move back down to 400-420 and have a steady rise before we shoot up again.
Only if it's that easy. High LTC spread right now indicates the price is driven by holders/investors of BTC