Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Navajo Coin [NAV] - *Messaging System BETA Started*
by
pakage
on 21/09/2014, 22:30:31 UTC
Hey, it's not our fault some idiot wants to sell down almost half a million NAV. What do you expect to happen to the price? It's already rebounded to above 250. This week will be a good week!

In the end, i guess we'll see who the idiot is.....
You have to admit, that even if someone wants to sell 500k NAV, selling them down all at once is not a smart strategy. You're guaranteed to get a worse price than selling them in smaller batches and letting the buy orders rebuild.