Post
Topic
Board Announcements (Altcoins)
Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos
by
wooder
on 25/08/2014, 10:01:41 UTC
Really do not understand the XC market, if volume is low but someone just payed 0.001725 for 1K coins why drop 1K into buy orders around 0.00152 just some hours later with zero news posts or trading Huh
just plain stupid if you ask me. Understand some need to cash out  but people are not willing to split it up and wait a little?

This happens so many times now the story about one party suppressing the price starts to get unbelievable. Surely by now they got there stack build up or are done with there xc to dump. See zero evidence in the chain to support this.

When I'm back plan to spend some time to analyze coin movement on a timeline some more, this is driving me crazy

Ditto - very puzzling. Maybe because so many people are staking there is only stupid money left on the exchanges and it's trigger trading. I can't think of any other reason.

i think the price is artificially "fixed" at a low level. if the price would rise sharp, a lot of people would get out of other coins and invest in xc, drk/cloak/vrc holders for example. seems some people are accepting a loss just to keep the price low

what we need is more public awareness about xc == better + more marketing