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Whatever the reason they did it... the inevitable outcome of situations like these is the big accumulators accumulate, while those who cannot afford to hold on to their assets sell on at a loss.
Every 'crash' of any kind is followed by institutional accumulation like this. The pie shrinks, but those who can afford position themselves with larger market share for the good times.
After every bubble more capital is concentrated in less hands.
So HODL or trade your way out of it (risky).
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Hi, The total coins is for a reason! It's to move the decimal point up towards where it will be accepted by a MASS audience. Nobody likes 0.00004 as a number in the real world. We are seeking mass adoption of a cryptocurrency and we have a strong plan to get it there. You are wrong to say this is a shitcoin - and I have some very powerful advocates that would agree with me! Duncan Logan. CEO of ROCKETSPACE - who nurtured spotify, uber and hootsuite is buying in and has publicly tweeted his intention to buy into Electroneum: I have been a buyer and holder of bitcoin and Etherreum for a long time but this will be the first ICO I buy into. See the tweet here: https://twitter.com/duncanlogan/status/899754013574311936We are going to achieve a HUGE takeup of cryptocurrency - Duncan has introduced me to some INCREDIBLY powerful players! Watch this space - you are wrong to dismiss Electroneum, and you've not done your research. That said, you are welcome to your opinion, so have a nice day! Richard. Yeah I saw this tweet with horrible grammar and spelling. What a fkn joke. That guy has less followers than me and isn't even verified. The sockpuppets on twitter and on these forums are getting out of hand. Huge red flag. Bunch of buzzwords and noobs thinking they are going to 100x. You should be ashamed of yourselves. Good luck with your bullshit ICO. There are plenty of greedy suckers that will buy in. Yes, and does this really sound like a CEO? capitalising HUGE and INCREDIBLY. It sets my teeth on edge.
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How is that 5 BTC you've put in so far Lexicon? The ICO is 2 hours old and they've raised 46 BTC, surely you were first in? Meaning you've contributed fully 1/9 of all BTC so far.
The shilling is huge on this, all by people who write with the exact same form of English. As if they were all the same person.
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It's not the product I'm concerned about - it's your overbearing promotions. Who's with me guys?  I'm betting the farm on this one!!! You're fooling nobody.
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I was thinking of investing in this coin until I saw all the absolute rubbish you guys are posting all over the internet.
Give it a rest. 1000x gains.... my hole.
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Apologies if this sounds offensive to WTC devs or anyone else. But come on......! Binance goes down, many people experience an error page when trying to log on... I myself was logged on on my phone when the wtc prices started to drop and when I tried to sell stock I was logged out randomly (like I had only recently logged on) and by the time I did the whole log in and 2fa on my phone we were sub-400.
So fucking dodgy.
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So wtc is dropping off the face of the earth. Scam?? 
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I think it's because nobody had heard of it. I recall a comment on the Binance thread saying 'why are they adding all these bizarre coins nobody has ever heard of? I mean Waltonchain??' - or words to that effect.
It's a great concept, it seems relatively well entrenched politically and it has a good team behind it. Let's see.
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I wouldn't classify 1000 NEO as a sell wall. People are probably selling their stocks to either buy up a more promising venture or because they're shorting the market.
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Give up your waves, it's going nowhere in its current guise and until some big news drops in its favour it will go nowhere. Whereas OMG will rise considerably in the meantime.
I also think Waves looks like a tired, buggy product. As I mentioned before it reminds me of AOL and the shiny interface is very 90s in a bad way.
Like watching the first movies with CGI.
There's my technical analysis.
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X 100 potential? What could possibly go wrong!
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My apologies if this has been answered elsewhere in the thread, will this ICO be open to US citizens?
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Again, dbt you have done us a great service by drawing our attention to this coin. Thank you. I had read up on it before and like it, but you have made clear the market fundamentals which helped me enormously when considering this project. I only wish Bittrex was more thoughtful... I was playing around, swing trading with Ardor (I know, couldn't help myself) when bittrex jammed up earlier today. Don't ask me how it happened because I have no recollection, may be the valium and whiskey hangover, but I put through a 10k purchase at around 41... and then all of a sudden it's 33... or maybe it didn't happen and I'm still drunk. I don't know anymore. 
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What is this bullshit Caixin article that is dated 2 weeks into the future??? (September 20 2017 written on byline)
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Unless something very bad happens, we are now at the bottom. 1 good news show and we are launched. Low risk/high reward in the future from now on.
Well done sir!
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BNB has come through in spades - a full 8-10% price reduction on NEO right now...
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Going to take a good look at Ardor and say thanks again for Syscoin, what a gem that is!
Ikr... them releasing that badass news was icing on the cake... killed it / still killin it on sys. I'm sure you'll like ardr too... really really good fundamentals / tech (which is what gets me going  ) Brilliant, thanks man! Thanks again. Really wishing my extra bitcoin and ether weren't locked up on Binance.com right now. Could use a withdraw.
You and me both... it would be apt if Binance was based in Macau because trading there is like playing slots or a roulette wheel.
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Going to take a good look at Ardor and say thanks again for Syscoin, what a gem that is!
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I held waves for a bit because I liked the concept (and in fairness I made a decent profit) but got bored with them in the past month or so. The product just isn't that good. It's a bit of a bad 90s concept. It reminds me of AOL for some reason.
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dbt1033 - I just wanted to say thank you for your contributions here. I've followed your predictions on Florincoin and Syscoin and I'm very grateful.
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