Post
Topic
Board Announcements (Altcoins)
Re: BitBay |Decentralized Marketplace|Smart Contracts|IoT Tech|Markets Open
by
amytheplanarshift
on 06/12/2014, 14:57:51 UTC
Yep. That's the spirit  Grin
About Bay I'm afraid that ICO was too expensive, so rising now is not easy.


the fact that fud dissapeared is remarkable

I don't want to buy so I'm not fuding.
I'm curious about why someone sold so low - if this is dev and who's owning 45% coins.
Regular questions, not fud.

It's not rocket science. Nothing stops anyone from selling below ICO price. It's not like every single person who invested is going to be smart and rational... just look at yourself for example. The INSTANT one person decided to sell below ICO price, a hundred more short-sighted investors are going to start panic dumping. Now we have been trading enough below ICO price that many people have picked up cheap BitBay below ICO, so of course people are going to be trading below ICO price now. A lot of people are making profit below IPO prices now. So now we have to work against that selling pressure too.

I hate that I even have to waste 5 seconds of my time to try to explain such a basic investment concept to you because it seems like something that should be obvious to anyone who is not just spreading FUD for the sake of trying to lower the price for malicious purposes, which is what I suspect you of doing.