Why Spread discount ? Why? Why?
Question causing headaches from 10/10/2017
I am a spread investor, expecting a lot in Spread
Daily follow-up Spread, eat well Spread, sleep also Spread, cheer also Spread, sad also Spread.
Spread decreased 3 times, 4 times, so far decreased 10 times.
I researched, went everywhere to find the answer: "Why spread discount?"
Initial hypotheses:
1. Bittrex deletes coin => not until now, even more listed on Crytopia
2. Coin is dead
=> is not working well, the speed of transfer between high wallets from bittrex - crytopia takes only 5 - 15 minutes is money with only 6 processor speed, better than many coin in the top 100 including bitcoin, eth is not equal, equal to XRP.
=> Spreader still holds his coin in his wallet in the top of the holdings of the most spread and has not had a sell off spread since 10/10/2017:
https://chainz.cryptoid.info/spr/#! rich
With wallet: SPREADERvKc1xxmghRjDgTiU1Vdd8Pjx1m
=> georgem said Spread "is alive and well" => Spread will not die
3. Sharks take advantage of the low spread, use the money to lower the price, create psychological sell off, to reach a cheap price of some will collect Spread. This is a very high probability, because assuming you do not want to hold the spread again, you will sell slowly. Spread can not blow off your money so much, if you really want to leave. Will the commune slowly, while the market every coin go up Spread going the opposite direction without a reason worth to lose 10 times so as from 67500 satoshi on 8/10 decreased 6200 satoshi on 20/10. If they really drowned, they were very successful with tactics outlined. Panic psychology, most will panic selling madly at all costs to cut holes, the more holes sell, until the spread turns up again, the same people who sell cheap will return to buy at high prices. more, buy more.
Bittrex deletes BTS, BTA, Darco, and DAR, and does not decrease as the spread decreases, the coin decreases by as much as 3-4 times and then increases again or at the right price since no one will be there. sell out because you do not want to lose more money, and Spread is still a force down the price.
Advice for everyone: Investigate the market carefully before selling, or buy into the wave or the crowd, the damage is inevitable.
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