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Polly Stripe
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June 14, 2014, 12:19:47 AM |
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Everything looks good. Why people dumping?  A few reasons: 1. People bought in low and have already made a tremendous amount of profit. 2. The lower prices spark even more fear which lowers the price even further. 3. There is alot of competition, neutrino coin, monero, xc and darkcoin. Not all of these coins can win and it really is based on the holders faith that the devs can deliver. It is obvious to me that these devs are extremely competent, judging from what they have already accomplished. "Invest in people not products"+1 Yes, but all the altcoins named have a higher market cap than Cinni.  When you see discrepancies it means its a good time to buy. There is definitely very little buy support for Cinni. Which is odd because the devs are pretty active and innovating. Cinni is one of only a handful of coins that are actually creating and adding new features. Time wears away stones. It is a matter of time, my friend  |
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Crindon
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June 14, 2014, 12:58:03 AM |
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SilkCoin got released on Mintpal, so some people are dropping their CINNI and getting the new kid on the block. That coin is gonna get dumped on hard by the people who got in early and there is gonna be a crash, then people will lose interest and buy CINNI again.
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fox19891989
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June 14, 2014, 01:27:02 AM |
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Disappointed, who dumped a lot  We need more buy support |
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DigitalInvestment
Member
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Activity: 98
Merit: 10
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June 14, 2014, 01:32:14 AM |
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Disappointed, who dumped a lot We need more buy support Coin already dying, no buy support and every support gets dumped on. not in uptrend anymore |
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fox19891989
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June 14, 2014, 01:39:05 AM |
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In this weekend invoice/receipt system will be released?
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arieq
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June 14, 2014, 01:41:25 AM |
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Disappointed, who dumped a lot We need more buy support I have doubled my cinnis all the way down, this is a perfect time to buy more and more, nothing to worry about |
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DigitalInvestment
Member
Offline
Activity: 98
Merit: 10
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June 14, 2014, 01:44:59 AM |
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Disappointed, who dumped a lot We need more buy support I have doubled my cinnis all the way down, this is a perfect time to buy more and more, nothing to worry about good job, now you only need like 100 btc to go back to 20s and you got people losing faith and ppl like you broke the uptrend way to go |
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Dsellerz
Newbie
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Activity: 54
Merit: 0
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June 14, 2014, 01:47:29 AM |
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Disappointed, who dumped a lot We need more buy support Coin already dying, no buy support and every support gets dumped on. not in uptrend anymore I think its one or a small handfull of whales doing it judging by the regular round number buys. This is bad only for now. The whales will want their profits eventually and pump it back up... I hope. |
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battbot
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June 14, 2014, 01:57:29 AM |
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Dumping doesn't matter, IMO. EM Invoice / receipts are being released this weekend. And 100% true anon transfers will be released in 2-3 weeks.
But it would probably help the buy support more if I told everyone that we are currently working on a feature that cures cancer.
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Schild_
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June 14, 2014, 01:59:43 AM |
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I think the whale with the massive sell wall scared the noobs and annoys the speculators/traders/investors.
This dude suppress CINNI's real price every time there is an announcement (yesterday night, he put a 47 BTC sell wall when it was finally reaching 23k sat), and never allow it to grow. I can see several issues linked from this behavior which affect the price:
1st:The coin simply never reaches the worth it should have, which result basically in a general underestimation of the coin's value.
2nd: The crypto community just don't see the big news we have, cause in the crypto world, a big news usually result to a huge pump, and CINNI pumps become only little "pumpies" which are not catching so much the attention on coinmarketcap because of this phenomenon. People get interested in the coin when suddenly it rise so much, that they need to know why.
3rd: Investor gets confused and disappointed, and finally just go to another coin where they can trade in peace.
4th: market dynamics: it's very clear, the market always reacts exaggerating the tendency, if people pump, people jump on board and pump it to way too much, if the tendency is to dump, the dump goes way too low. People behave just like sheeps.
So i don't know, this man is really hurting the coin, i don't know if he only tries to accumulate, or if he only wants CINNI to be hurt, it's also a possibility.
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Bitcycle
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June 14, 2014, 02:02:18 AM |
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This looks like it's headed to be even worse. Makes no sense at all, but it's happening anyway.
Very odd. Someone is at work here, for sure.
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Mk2vr6
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June 14, 2014, 02:06:20 AM |
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This looks like it's headed to be even worse. Makes no sense at all, but it's happening anyway.
Very odd. Someone is at work here, for sure.
Definitely. I've just spent the past 20 mins watching the books, and even with my limited knowledge its plain to see the price being driven down. The spread being closed, forcing sells lower. Round figures constantly, and the odd sell wall cropping up. Edit/ maybe this 'whale' fancied accumulating some more sub-15k? |
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Audity
Member
Offline
Activity: 81
Merit: 100
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June 14, 2014, 02:09:40 AM |
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BUY THE 50BTC WALL NOW
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Support your favorite new cryptos. Trade at Cryptsy, the most well known clusterfuck of success. |
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rlm42
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June 14, 2014, 02:12:54 AM |
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I just bought back in  |
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fox19891989
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June 14, 2014, 02:14:15 AM |
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Dumping doesn't matter, IMO. EM Invoice / receipts are being released this weekend. And 100% true anon transfers will be released in 2-3 weeks.
But it would probably help the buy support more if I told everyone that we are currently working on a feature that cures cancer.
Yep, I hope we will rise again soon, dumpers are really crazy. |
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tazmania
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June 14, 2014, 02:17:59 AM |
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Don't you know there is always a bear trap / sell off before a pump. Go check out a bubble chart.
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dbstmddhks
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June 14, 2014, 02:19:50 AM |
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How do you "reduce the volume of blockchain data"
and How do you "prevent abusing of pos interests and attack"
This is really hard and core tech
You have plan about this??
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