I pump it yesterday from 300 to 800 but in 2hours down again.
Nothing to do , so many stupid ppl .
I cannot understand why they dump , fking idiots.
Fear mostly, cause all altcoins have had a pattern of crashing at some point or another, and my opinion on this is just the ppl who don't know anything about trading strategies just act on impulse (they see a dump, and think that's the end of the coin, so they dump too hoping not to lose). That and basically there's no "community" working together when it comes to controlling price. Like there should be a diligent group of us that out number the dumpers who can keep the price up or steady at the least and keep in communication with each other to actually work on holding the price, etc.
Like how i shown you guys what my balance is that i'm holding on the rich list. and i'm still holding even so the price dropped. Also, since this coin produces "interest" there is actually no reason to dump, cause the interest produced will catch up to your original balance value if the price stays steady even if it's below whatever you bought at.