Quote from: Subtuppel on December 31, 2014, 12:46:40 PM

Quote from: digicidal on December 31, 2014, 11:30:06 AM

Quote from: yourstruly on December 30, 2014, 06:40:59 PM

Quote from: baxto on December 30, 2014, 03:04:20 PM

New wallet causing such a rise today?

I honestly believe this rise is not based on any specific announcement. Unlike other coins we are not relying on checkpoints to create pumps. We are just hard at work at improving our infrastructure and organically building the community. We are seeing an upward trend over time because of that.

This. Going this route might take years before we get back to the ATH for the coin... but instead of a bunch of bagholders and/or people profiting off bagholders - we'll have decent, yet moderate, returns for holders/traders and exits for those that need to buy things (kinda like a currency actually). Wink

Although I'm cautiously optimistic, I'll need to see several more weeks before I'm ready to buy back in with most of my BTC. I'm happy with my holdings, and would like to accumulate some more - but we've had some serious dumps and drama before... and likely will again before everything is smooth sailing (if that's even possible in crypto).

As of now however, I'm back to nothing but BC/BTC in my portfolio... latest XMR recovery allowed me to unload my bags. Now just need to cost-average buys in BC over the next 6 months so I don't get caught in another spike.

I've got a feeling that lots of the dumping was due to some persons wanting to get into the Paycoin scam early, since those ponzis are always profitable when you know it first and get in first. For example there is one self-proclaimed (likely former) BLK whale who started to hype XPY like a lunatic and stopped his BLK twitter spam at the same time when the worst BC sell-offs started.
Can of course happen again and again, since the people at hashtalk keep cheering as they are served broken things with massive delays Cheesy

The important thing is to keep focusing on how we can push cryptocurrency forward. Vote with your bits and use services that support the direction you want to see cryptocurrency go in.