I've seen a lot of talk about whales pushing the price down, I guess on the basis that they can get in cheaper. However, this is smelling a lot more like the big boys of litecoin and bitcoin pushing down out of fear to me. The pressure seems to be relentless. I suggest they just jump ship, they will get a lot of BC for their coin! Please come and join us Roll Eyes
good eye my friend! thinking the same all day! its nearly round the clock that the price is delibretaly held down! Mass attention is on other coins right now! "they" are at work silently!
Yep, been thinking this myself. We are talking about billions of dollars here, the multipools gets DDOS attacked and not by some average hacker, they really came and attacked the pool, not to mention i hear BTC and LTC are is gold and silver. BS, they are dying coins, they will slowing fade away cause they are slow and technology has caught up with them coins like BC is innovation, made BTC better.
Those with lots of BTC and LTC have a lot to lose if BC does well or takes #1 spot, so when there is billions of dollars on the line, I'd not think these bagholders wouldn't try to take down the a rising star coin like BC.
We don't know for sure, but something seems very odd about fact BC being truely innovative has not risen, yet people would invest in lacking, slow, cumersome coins like BTC, and LTC which take much energy consumption and are inflationary over a low overhead, fast transaction, POS coin like BC. To me the writing is on the wall. Don't let the BTC millionares tell you BTC is king. They have a vested intest in keeping the current model in place, make no mistake.