Quote from: timmy1979222 on November 02, 2014, 04:38:42 PM

Quote from: NoobKidOnTheBlock on November 02, 2014, 02:39:24 PM

Quote from: Chairman on November 02, 2014, 08:06:54 AM

Oh man, what's happened with this coin! I bought at 0.0012 and now it's 0.0002!

I hope it will come back. ...

What happened was some amateur trader accidentally put an extra zero on his 0.001 sell order and dumped the entire price to 0.0001 and since then it has been losing volume and weak hands have been flushing out because all the strong hands aren't willing to sell their ULTC for cheap

My opinion is we are gonna see at least a week of next to no volume with price bouncing between 15k and 20k and then we should see a rise again. Apparently the Dev has some announcement he was going to make this weekend but what it is about I have no idea? You can PM him to find out if you want

Cheers and Happy Trading everyone

i dont think it was an not amateur trader,because it looks very professional

How did it look professional? It was trading around 110k and all of a sudden a drop to 10k?? That seems like a classic one too many zeroes added to the sell order in my opinion

But I would like to know why you think it looked professional? Just wanna know what makes a dump like that seem professional if you don't mind answering a Noob trader like myself's question good sir