Post
Topic
Board Altcoin Discussion
Re: Opinions/thoughts wanted: A coin dev intentionally devaluing a coin?
by
e-coinomist
on 27/12/2014, 17:14:05 UTC
Just looking for others thoughts as to what the reason could be.
Pumpgroup.

That is clearly a pumpgroup activity in shake out mode. You allready observed how the foot soldiers bought up the 10% below market dumps. They are rearranging for the next pump. Clink to your coins, they want to get rid of you as a participant in the next round.
Wagering a bet the pump was 8~10 weeks ago?

There was a nicely written tragedy popping up right before christmas, describing the inner working mechanics. That DOGE pumper has published some confessions somewhere, too. Nice reading, besides beeing some monthes older the scene still works same ways.