Post
Topic
Board Announcements (Altcoins)
Re: [LTCD] LitecoinDark.com ★ Scrypt ★ Bittrex ★ Cryptsy ★ Coinking.io
by
mikeymillie
on 04/11/2014, 15:42:09 UTC
I suspect it might be the remnants of that defunct P&D group, consolidated and re-formed, manipulating the price low while they accumulate a new stash, with the intention of pumping then dumping again. Misplaced hope of recovering some of their lost funds. They should consider that it didn't work out well for them the last couple of times they tried it here, and that maybe they should move on to some other coin. Perhaps one of the SCAM coins would be a good target?

Someone is intentionally keeping LTCD at this price, other devs, enemies on a more personal note, who know.... But it's a fact.

Looks like basic market games combined with a little greed and hopium smoke from people who have time to waste trying to turn $100 into $120.  Nothing more.

They are just managing the price down hoping to build up the sell book and hope someone just gives up and this happens: