Too much supply of NYC causes the matter PUMPING & DUMPING over and over.
Maybe every NYC holder wants and believes NYC' proper value gonna be at least from 50cent to 1 dollar.
But, the market holders start to feel that's hopeless thesedays including me.
If you guys don't reduce nyc volume right now, and don't stop pumping &dumping in a big volume, I'm afraid nyc will be really scam coin.
Actually go on Discord and Reddit and see the work being done.
A pump and dump coin does not have this many people behind the scene
working on the coin and its future potential.
DNP can be done by anyone on anycoin just watch the markets the last
few years. This is a long term investment.
We do not see it as A Long Term Investment.
That's just a CAPITAL CHEATING in the market.
See what the meaning is Pumping &Dumping exactly in the coin market over and over.
If somebody has capital now and
he's found very cheap coin and even it's a big volume. Also Nice name and vision. Good to make it.
He'll buy NYC, suck in the coin so that make the coin-price high quickly. As NYC price rising, people also begin to buy NYC because they think rising price is good sign or this coin will show good chart or future.
But The more people buy NYC, the more he sells NYC in a high price he made until coin price return to starting point or less one.
This situation gonna be repeated.
They never make the coin price rising at some point.
That's PUMPING& DUMPING.
It is no good sign for any coin.
That's the reason some people call NYC as a SCAM.
Cheap and huge voulume coin isn't easy get to the proper value because of that kind of cheating capital group.
Very worried about holding my coin NYC.
From your posts I see a few points: 1. You are an unprincipled person who speaks without logic. You said you are holding NYC , worrying about your coins, but you always make these kind of frustrating posts which diss NYC, instead of going to the community, looking close to the value of NYC, and actively participating in NYC's development 2. You do not understand what "volume" is, it is the total amount of transactions(buy and sell) within a period of time in the market, "huge volume" is a good thing rather than a bad thing, means NYC is very attractive and many people are willing to buy. Actually at the moment, the volume of NYC is still fairly low. But the marketcap is very low which makes NYC a very potential coin to invest. 3. You lack of basic knowledge of stock market or digital currency. From the moment you got into market, you should know that the market is risky and the prices fluctuate, you should be prepared to take any risks. 4. NYC will be steadily growing all the way, worth holding for long-term, but you may not make money or may lose money overnight. Instead of saying "Very worried about holding my coin NYC.", it might be better to consider doing something more helpful to the development of NYC than to give out frustrating posts all the time. If you are not optimistic about NYC, you might switch to other coins to invest.