Post
Topic
Board Announcements (Altcoins)
Re: [XC][XCurrency] Decentralised Trustless Privacy Platform / Encrypted XChat / Pos
by
wooder
on 25/08/2014, 15:15:10 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


A similar movement is also taking place in Bitcoin's market when you look at it. I mean, if it can happen in the daddy of all cryptos, surely XC is a small kid to take care of.

yeah but bitcoin had a dramatic rise in price some time ago. i don't remeber any similiar price spike in xc in the last few months...

Bitcoin went through months and months of stagnation in it's early days before the dramatic rise.

Chill mate, we were 12500 - 14000, now we look more like 15000  - 17500 we are moving up, some of these idiot sellers will be just traders, selling into the high offers then putting the XC straight back up on the offer side hoping to make a few %..... I cannot be arsed playing this game here but that will be what is happening with some of the sells.... XC needs patience.. I am certain patience will be rewarded though.

15000  - 17500 (i think you ment 150k-170k) , i don't know at which charts you look at, but we are at 140k-150k which means back at the old price, this was just a little swing and no uptrend imho