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Nasty Sell Walls are killing the free cryptomarket
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Topic: Nasty Sell Walls are killing the free cryptomarket (Read 282 times)
Julunguul
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Activity: 473
Merit: 11
Re: Nasty Sell Walls are killing the free cryptomarket
March 27, 2019, 05:43:41 PM
#21
In many cases today, what is done by whale more often damages the price of the coin itself, they try to suppress the growth of the coin, at this time other traders will also think that the coin / token will be difficult to rise then they sell it and also of course some whale must also sell compared to raising prices again
neonshium
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Re: Nasty Sell Walls are killing the free cryptomarket
March 31, 2019, 08:28:31 PM
#22
Yes, it is so true that nasty sell orders have been a contribution in bringing down the market to some extent but I don't think there is possibly any way to control the way users place sell orders in the market because as you said, this is a free market and anyone can actually do what they want to do in a free market since it is not being controlled by any government body or individual.
I believe strongly that when we have a lot of volume in the market cap of the coin, this problem would be solved.
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