[SNT] Official Status Network Speculation

[feranenem12345]

Is someone following the order book?
Now at this point of 100 orders, 90 are sales. It's been a week since SNT is like this. There's someone who can not stop SNT for 1 minute.
Does anyone have the developers' Slack to ask if they are doing it? Because I can not imagine why a whale would do that.

[sweetbet]

I don't think that it's a whale either. Nobody wants to knowingly throw away serious amounts of money. I don't know why the devs would be doing it either. To keep the price down? But why? I'm starting to wonder if it's a competing project that doesn't want SNT to get the upper hand.

[feranenem12345]

I think now he is satisfied. At least he is not pouring coins like he used to be.

[feranenem12345]

He keeps doing it.

[sweetbet]

Assuming that it's a guy, he's not selling the tokens as regularly as before and the number of buys have started to pick up. Perhaps he's just selling off his large bag of coins over a few days or so. I can't imagine that he has an unlimited supply of tokens The majority of sales appear to be from people who've had enough of waiting for a pump.

[khufuking]

Assuming that it's a guy, he's not selling the tokens as regularly as before and the number of buys have started to pick up. Perhaps he's just selling off his large bag of coins over a few days or so. I can't imagine that he has an unlimited supply of tokens The majority of sales appear to be from people who've had enough of waiting for a pump.

But why anyone in his right mind is selling now ! from the look to the situation the coin is preparing for the takeoff only to find that every time someone pulling it down back . I can not find any reason for this except that this is whales act , Because if this is dev. why he would dump that low when he can wait and dump at high level ! Anyway I can sell now too and collect profit but why collect small profit while there is big chance to collect big one if I am  holding

[feranenem12345]

Assuming that it's a guy, he's not selling the tokens as regularly as before and the number of buys have started to pick up. Perhaps he's just selling off his large bag of coins over a few days or so. I can't imagine that he has an unlimited supply of tokens The majority of sales appear to be from people who've had enough of waiting for a pump.

Yes, it has diminished, but if you observe there is a certain level that it does not let pass. He just should not be selling so much because now he must already be at the point where he thinks it is good to accumulate.

Also see only the amount of sale they put from 1180 until 1400. It has 162 bitcoins.
If it does not take these bitcoins out of the way I think we'll hardly see SNT mooning.

[lordzc]

When we will be able to use the full version of the application . Status a very high quality project .

[mister p]

The price is very low at the moment. Seems like a good time to get in before it rises.

[feranenem12345]

I've never seen such a manipulated coin. I just hope that the person doing this will not continue doing it for another week or so that it will not drop below 1024 sat.

[sweetbet]

I've come to the conclusion that it's not a whale who is doing this. I don't know anyone who likes to throw serious money away or who wants to bulk sell at a low price. Professional traders buy low and sell high, not the other way around. I think that the price is being maintained between 0.00001100 & 0.00001200 to provide potential investors with a good entry point before the next update and price increase. At least that's my theory. I'm going to buy some more tokens and hodl until the next update which should hopefully take place within a few weeks.

[altcoinrocker.xyz]

I've come to the conclusion that it's not a whale who is doing this. I don't know anyone who likes to throw serious money away or who wants to bulk sell at a low price. Professional traders buy low and sell high, not the other way around. I think that the price is being maintained between 0.00001100 & 0.00001200 to provide potential investors with a good entry point before the next update and price increase. At least that's my theory. I'm going to buy some more tokens and hodl until the next update which should hopefully take place within a few weeks.

Oops, I just got in at .00014353 ETHs before reading that it could still go down... Anyway, I am wondering what's the latest updates from SNT crew. Looking forward for the app to start getting real usage.

[mangrooooo]

One or two week and SNT will be at ICO price in $. Worst investment ever.

[feranenem12345]

One or two week and SNT will be at ICO price in $. Worst investment ever.

The person who is doing this, and I do not know if they are the developers or some whale, will end up wrecking the coin if it knocks over 100 sats.
If SNT stays below 1120 sats there will be no more bottom. If it's a whale you can even buy SNT too low but you will not be able to sell either.

[altcoinrocker.xyz]

One or two week and SNT will be at ICO price in $. Worst investment ever.

The person who is doing this, and I do not know if they are the developers or some whale, will end up wrecking the coin if it knocks over 100 sats.
If SNT stays below 1120 sats there will be no more bottom. If it's a whale you can even buy SNT too low but you will not be able to sell either.

I believe it's selling at a huge loss out of impatience.. I just checked the SNT reddit space and the group are looking to expand and is now hiring more pros. Alpha 0.9.10 also got released 10 days ago. It's good that the price is still a bargain. It's a long term hodl game.

[wajik-tempe]

One or two week and SNT will be at ICO price in $. Worst investment ever.

The person who is doing this, and I do not know if they are the developers or some whale, will end up wrecking the coin if it knocks over 100 sats.
If SNT stays below 1120 sats there will be no more bottom. If it's a whale you can even buy SNT too low but you will not be able to sell either.

I believe it's selling at a huge loss out of impatience.. I just checked the SNT reddit space and the group are looking to expand and is now hiring more pros. Alpha 0.9.10 also got released 10 days ago. It's good that the price is still a bargain. It's a long term hodl game.

for the long term is good but it is natural now that the whales dump a large amount of tokens to keep prices down and they will buy at the bottom of the price if you want to be a better billionaires buy and hold until a few weeks ahead

[Crytocoin]

I hope . I expect it to rise soon .

[altcoinrocker.xyz]

slack.status.im has the most updated info on latest developments. The developers are making it a point to post on their latest tasks. Exciting times ahead!

[Saoha]

The current price of SNT is very low at only 1126 sts. I bought it a few days ago with the bottom thought but it continues to decrease. Sharks seem to be consolidating and are hitting SNT prices. Will soon explode.

[thangoffshore]

One or two week and SNT will be at ICO price in $. Worst investment ever.

I'm not sure what is your expectation. x10 in just 2 months from ICO?

With not so much news from the devs, one coin/token can only rise because of:

- The ICO was over too quickly, many people want it but somehow not got in during ICO;
- Pump from whale.

It's not the case for SNT.