I just witnessed a 18K dump of Unobtanium @ 07:57:18/19/20. In 3 seconds 18K UNO pushed the price down to 45K satoshi.
What does this mean? I compared to volumes traded earlier and this is the biggest dump since UNO is on Cryptsy.
Can anyone explain what this indicates? I come as far as this: shaking up panic sell to buy in cheap for upcoming pump. I know it's wishfull thinking so I'd like to know from more experienced traders.
Thanks!
wtf do you mean "what does this mean" it means someone no longer expected price to appreciate so they dumped their coins. I mean seriously is it a conspiracy every time someone dumps large amounts of coins?