Hello guys,
I wanted to ask you about your opinion what will happen with the yobit price before launch.
here you can check the current status:
https://yobit.net/en/trade/WAVES/BTCDo you think it will be the same pump like it was before the launch of lisk ? And with the obvious dump post-launch obviously...
Here's a picture of what i mean:
I know many of you dont like yobit, but in the end there are one of the bigger exchanges and while their behavior might be not very "gentleman style" they still will not go down or not pay. Even if they wont get a full node from waves team, they will be able to process the withdrawals manually (they have confirmed that)
Anyway whats your opinion on what will happen with the price in the window from now <--> launch ?
Kind Regards
It all depends from many factors I guess and the volume of trades Yobit will generate in the meantime,providing they will not default on their promises to deliver.
In a scenario where Waves price will keep the price floor for certain period of time it could be a perfect scenario for Yobit to panic to cover their obligations/shorts and triger whole market into buying as well.
Shorting a market in this particular case is based on motivation driven by greed ,seeking to maximise your profits.But it can backfire with the painful consequences,even if Yobit purchased a big chunk of ICO Waves to me it's playing with fire.
At this very stage any selling is huge gamble but people like gambling...