Damn Stamp, you run out of coins boy? lol
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The high price was due to lack of supply. The volume was also very low.
Supply was severely constrained - there was less than 1 ZEC on Polo at the time. Volume, however, was not low. There was over 1000 BTC of trade during the hour of the bubble.
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Yep, because if you want to hijack a truck, lots of gold and cash is what you need and not, say, your fists and a two-dollar shiv.
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And there she blows on Finex. * yefi shakes all hands of hodlers. Well done chaps.
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Good coin has more potential to rise.
In the long run, not in the short run. These waves can be tempestuous.
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And what is there to be afraid about?
It's a phrase, it doesn't mean he's shaking in his boots.
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ETC is just a pump and dump coin at present. It needs to do more to be a proper coin.
I don't care about it being a proper coin or not, I only care about effects.
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Could be a bit of some folks running out of coins to sell at this price? I would put pretty high odds on the possibility that we are going to get past $900 without some kind of either battle or folks coming up with coins to sell in the upper $800s... yet on the other hand, I would love to be pleasantly surprised (but not totally shocked, as if it were not in the realm of possibilities) to wake up to prices above $1,500 in the coming weeks...
Next potential turning point after here is $1000 imho. It was the first resistance after the ATH, as well as being a psychological barrier. It would also form a satisfactory top for the current rally from ~$460. Like you, I wouldn't be utterly shocked if price goes bonkers though
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Interesting pattern emerging with ETC. If it's pumped up further it could start a positive feedback loop with ETH and cause another dump.
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This thread is not a chat-box
But think of the time you could save yourself every day from having to moderate >320,000 posts?
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I do agree there seems to be some money grabbing. That disappointed me coz I've known zooko for over 20 years now and I didn't expect that. I'll continue to believe he did the best he could tho. It may be there were commitments to team members to get them to work on it, for example. I admit to not having followed the politics...
Could it be that your relationship or acquaintance with Zooko has coloured your impression of this coin? Because from where I stand, it was nothing more than your average altcoin pump, based on hype that had no more basis than any of the other myriad pumps in cryptoland.
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Where have you been buddy, I've missed you a lot, long time since I've seen you. He travelled to Wales and got wedged in a valley.
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Just amazed at the hype this coin got when in reality, it is just another shitcoin for the most part.
This line should pop up when people load the client.
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@yefi. Maybe exit scam was the wrong terminology for what I was saying. I am only speculating that maybe Bo Shen wanted to sell all his REP and ETH without hurting the reputation of both projects more because they have already suffered a lot. It will look worse if Bo Shen quietly sold. Meaning he wants to be out of the projects. If that happened, how will this make Vitalik look like?
Well, maybe if this Bo Shen fellow is certifiable...
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800 must be some magical fkn number, because it is so obvious that the price is being held below that until the new year comes.
What happens at 800? I would think that there really isn't any resistance left from here on up, but hey what do I know.
?
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What if the "hack" was Bo Shen's exit scam? A hack will look better compared to a real exit done by him. A real exit will be seen as a loss of confidence in both Ethereum and Augur making everyone follow him in selling. If that is what really happened then Bo Shen knows ETH and REP are bad investments.
I'm no adherent of REP or ETH, but the objective of an exit scam is surely to reap as much as possible from your bags. Dumping 100K REP into the order book to flash crash price to 3% of its value is not how one accomplishes this.
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Duke944 is Lambie/TalksCheap/Kwuckduck in disguise. He is using the same words over and over, pretty easy to discover.
I assumed that guy had found gainful employment (or died).
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Well i don't get why a coin which have a broken wallet can rise so much:/ You underestimate the power of The One.
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Why is this coin price so high? there is no value in this coin whatsoever, what am I missing??
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Up 46% today. What happened?
The Potwhale is what happened.
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