yeah, abandon ship...
It's hard to catch every sell transaction but real buy support looks that have appeared at end of day for ICONOMI is better to scary inexperienced newbies. With next news/pump ICN will shot up higher : )
Later newbies will learn FUD/Hype waves. Some fault of price fall is caused by no news from ICN devs but hmm when you would think about it.
Soon ICN should be added to ICNX fund maybe they want get it cheap
?
Today that dump to 30k
was impressive looks like someone really wanted push price down on purpose because
good traders would never dump like that. After some hard times with NEM, DASH time i have learned that patience is key.
Hooping from one coin to another is not best solution for me.
ICN team reminds me NEM guys they are not pumping coin/token they just come with ninja news and bump +40% and then dumpers cry.
NEM with that ninja tactic went from low 30sat to high 2700sat. so honestly i respect that tactic.
It gives good returns for patient people like I.
And guys don't delude that price has fallen just because of FUDs, some people have believed rumors that they will start ICNX on conference and after that didn't happen price is correcting to level before that announcement and that is pretty logic to me.
Also what is logic that when they really lunch ICNX then price will shoot up >50k sat.
Take into consider that soon ICNX will buy ICN tokens because it will match fund criteria
wOW this guy managed to crash the price to 29 sat, got to hand it to him he is effective
I don't know reason but such dump is just wasting cash.
With token like ICN there is no need to dump below 30% dayly price without any real backed reason.
In BTC ETH it also happens but that is mostly caused by some hack disturbing INFO here price was stable over month around ~40 000 and dump
from nowhere. Lucky buyer who got at 30k stuff