Because the $50,000 that Whale Panda invested in PND has been eaten away by the dumpers.
And he is out of funds to Pump up the coin , so now the price crash begins unless others invest all of their funds to hold the price.
and below is the reason
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Quote from: TheCoin on November 11, 2014, 12:53:58 PM
Dumpers have a finite amount of coins to dump and its normal for coins to change hands. If you feel price is cheap, buy.Sorry , but they have an ever changing amount.
Example
They Know WhalePanda is trying to increase the price, so they sell to him at 12 sat, but put in buy orders at a lower rate say 10 sat, and some sell when the price drops to 10 , so the dumpers replenish their pandacoins, and wait for the next pump and repeat selling higher. Why do you think that $20,000 input from whale never got you guys to even 20 sat. They are constantly draining the marketcap for their own personal gain.
The Dumpers are making money off of you every few sat.
Unless you can buy over 80% of the market , they will keep crushing you over & over again.
IMO
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Now let the personal abuse against me begin since that what happens whenever you say anything in this forum.