Quote from: jiapetz on October 03, 2014, 08:56:43 AM

Quote from: litebtc on October 03, 2014, 07:45:00 AM

Why does everybody think that with the launch of V2 the price of HAL will rocket??

I mean if someone would have wanted to get some coins he/she could have already done it on the other exchanges and the whales are not stupid to pump the price of a coin that already has a bunch of holders.

Care to explain me?

MP has no fees, so it's free trading for whales, meaning they don't need to pay any fees to do any pumping, making it significantly easier to boost prices.

Issue now is not accumulating coins, it's building market support and interest, which MP also provides because the hype is already there in the launch of the exchange. All whales have to do after the launch is simply create volume to attract people's attention.

Yes there's holders, but they don't amount to much compared to the huge stacks of these whales. Coins have been dumped enough times where it's consolidated mostly into a few big hands imo.

Interesting opinion. I agree with you on the "No fee" attraction for the whales and the exclusivity of the coins that have been accepted on MP V2.

The only thing that bugs my mind is the fact that whales know that many traders accumulated coins already hoping for the V2 launch pump so I prepare myself for an intense period of FUD combined with dumps which will pressure the weak hands to dump into whales' hands before an actual moon launch. ...as they say, buy the rumor, sell the news...