Digithusiast
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September 05, 2014, 08:27:06 AM |
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How If I read your message correctly, you mean to ask how they bring the price down, right? They do it like this; there are 2 or more traders working together as a team or they might even work together as a trading company. Some of these traders put small sell orders at gradually lower prices, and their team-mates buy the small orders at lower price. Like this, these traders manipulate the price downwards. The ordercosts are so low they can be neglected. In fact they are moving their NLG back and forth from one of their Bittrex trading accounts to the other. Their goal is luring miners and other traders to sell their NLG at the lower prices. The trading team buys these low-priced orders from other sellers too and stacks their NLG. Once the trading-team has enough NLG, they will stop manipulating the price, and up the price goes. Then the team sells their NLG and makes a lot of profits. You can see this happening by looking at the order sizes and prices; if there many small orders of i.e. up to 1000 NLG and many small decreasing price-steps, then you can rest assured the above tactics are being played. Big question is how to beat this? First of all, do not sell at the current price-level. Remember NLG went up to 1900 satoshi, and rest assured it will bypass that value in near future. The less NLG the manipulating traders can buy, the sooner they will refrain from manipulating. 2nd option is to buy their small low priced orders, as that makes their NLG stack decline and that is the opposite of their goal. Let's kick some :-) it seems the trading-team stepped up their game right now...
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TamiLee
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September 05, 2014, 08:31:26 AM |
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I don't think any of us NLG lovers can be happier that we sitting in 40th place now on coinmarketcap above megacoin. It's the perfect spot for the coin to not create too much attention and give the coin a chance to release more stuff without too much pressure. Once you in the top 20 , a lot of eyes are on your every move, but no one cares about 40th place.
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pijpenstelen
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September 05, 2014, 08:45:29 AM |
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Looks like someone wants over 500k NLG at 1274. 1680 * 2 = 3360. That is the total amount of people that can ever own over 500k.lol
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Dutchyyy
Legendary
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Activity: 1197
Merit: 1001
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September 05, 2014, 09:02:41 AM |
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Looks like someone wants over 500k NLG at 1274. 1680 * 2 = 3360. That is the total amount of people that can ever own over 500k.lol
I really wish i owned that much btc, I would buy up everything to 1700 .
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Dennis024
Newbie
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Activity: 19
Merit: 0
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September 05, 2014, 09:05:47 AM |
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What ever happens, I'm not selling any of my coins. I stepped in on the right time and sure as hell not going to sell any time soon. If the price drops ill even buy more;)
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SushiChef
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September 05, 2014, 09:09:27 AM |
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We are going to be releasing a best practices guidelines over the course of the weekend in Dutch and English regarding your wallet.
This will include multiple backups, password protecting USB sticks, using winrar password protection and cloud storage which should protect your funds from any event. As the coin gains more usage it's very important that your protect your funds, your money is in your hands now, while this gives you freedom it's up to you to protect it and we are here to assist.
Keep rocking it bro's! Great job
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Dutchyyy
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Activity: 1197
Merit: 1001
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September 05, 2014, 09:10:46 AM |
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What ever happens, I'm not selling any of my coins. I stepped in on the right time and sure as hell not going to sell any time soon. If the price drops ill even buy more;)
Dennis, I sold 20k NLG(About 50% of coins I own) when the price rose, I never felt so bad in my stomach and bought back in immediately at a bit higher price unfortunately. I will only be parting with coins when i buy from merchants. Man it's going to be so cool when I show my friends.
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Coincookie
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September 05, 2014, 09:11:17 AM |
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What ever happens, I'm not selling any of my coins. I stepped in on the right time and sure as hell not going to sell any time soon. If the price drops ill even buy more;)
I know what you mean, but do spend, it'sgood voor de Gulden economy. Even yesterday I spend some coins getting coffee over at Coffee Central in Leeuwarden. Sometimes spending some will make you more.. C.
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NLG: GNszAQ7Nwhz2E5ygqucYjVV36gV2Nkikzj
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Dutchyyy
Legendary
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Activity: 1197
Merit: 1001
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September 05, 2014, 09:13:52 AM |
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What ever happens, I'm not selling any of my coins. I stepped in on the right time and sure as hell not going to sell any time soon. If the price drops ill even buy more;)
I know what you mean, but do spend, it'sgood voor de Gulden economy. Even yesterday I spend some coins getting coffee over at Coffee Central in Leeuwarden. Sometimes spending some will make you more.. C. Whatever I plan to spend, I will buy back in to get NLG back, mining x11 coins is still giving me some coins but not like it was 2 weeks ago.
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SushiChef
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September 05, 2014, 09:24:40 AM |
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What ever happens, I'm not selling any of my coins. I stepped in on the right time and sure as hell not going to sell any time soon. If the price drops ill even buy more;)
I know what you mean, but do spend, it'sgood voor de Gulden economy. Even yesterday I spend some coins getting coffee over at Coffee Central in Leeuwarden. Sometimes spending some will make you more.. C. Whatever I plan to spend, I will buy back in to get NLG back, mining x11 coins is still giving me some coins but not like it was 2 weeks ago. Always have 100 euro of guldens in my wallet ready to spend! Also it makes me very happy to spend and talk to merchants about crypto
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Dutchyyy
Legendary
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Activity: 1197
Merit: 1001
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September 05, 2014, 09:26:27 AM |
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Nice stores man! Will you also be giving 10% discount on NLG purchases?
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Sharkzz1
Sr. Member
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Activity: 880
Merit: 251
Think differently
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September 05, 2014, 09:37:03 AM |
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i dont know guys but do you guys want to get on cryptsy, mintpal soon or later?
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bram_vnl
Legendary
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Activity: 1148
Merit: 1000
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September 05, 2014, 09:38:36 AM |
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i dont know guys but do you guys want to get on cryptsy, mintpal soon or later?
mintpal is oke
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WaterLooDown
Legendary
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Activity: 924
Merit: 1000
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September 05, 2014, 09:40:11 AM |
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i dont know guys but do you guys want to get on cryptsy, mintpal soon or later?
Hi Sharkzz, I believe that will happen sooner or later without any request from us. I think it's better that they notice us and approach us to be added to there exchange. However if you prefer trading on a certain exchange please feel free to mail any exchange that you trust to get us added. Using the timeline is the best way to describe what the coin has done so far. https://timeline.guldencoin.com
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ShopemNL
Legendary
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Activity: 1025
Merit: 1001
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September 05, 2014, 09:43:59 AM |
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Guys!! Because i didnt want to wait till we received the whitelabel API code, check this below! We now accept Guldencoin!
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WaterLooDown
Legendary
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Activity: 924
Merit: 1000
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September 05, 2014, 09:46:18 AM |
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Guys!! Because i didnt want to wait till we received the whitelabel API code, check this below! We now accept Guldencoin!Fantastic! Does the process work Automatically at this stage or will buyers have to mail support to agree on a NLG price?
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bram_vnl
Legendary
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Activity: 1148
Merit: 1000
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September 05, 2014, 09:49:10 AM |
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Guys!! Because i didnt want to wait till we received the whitelabel API code, check this below! We now accept Guldencoin!Fantastic! Does the process work Automatically at this stage or will buyers have to mail support to agree on a NLG price? nice nice nice http://www.101ledstrips.nl
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ShopemNL
Legendary
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Activity: 1025
Merit: 1001
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September 05, 2014, 09:52:44 AM |
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Guys!! Because i didnt want to wait till we received the whitelabel API code, check this below! We now accept Guldencoin!Fantastic! Does the process work Automatically at this stage or will buyers have to mail support to agree on a NLG price? Auto
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Coincookie
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September 05, 2014, 09:57:02 AM |
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Guys!! Because i didnt want to wait till we received the whitelabel API code, check this below! We now accept Guldencoin!Fabulous! I'm actually looking for a 5 meter RGB flexible LED which can be controled bij an iOS app. Possible?
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NLG: GNszAQ7Nwhz2E5ygqucYjVV36gV2Nkikzj
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ShopemNL
Legendary
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Activity: 1025
Merit: 1001
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September 05, 2014, 10:01:45 AM |
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