Was kinda ok that pump, even tho with the annoucement I hope that nobody sold at a loss.
At this moment LXC marketprice is 4500 sat exactly with great buy support. no one should be selling at a loss considering its the 24hr high...but overall, no one should be selling with the upcoming news tomorrow lol.
The problem is people think Mr.Net's pump are quick 2 min P&Ds.
So we get a pump from 2400 range to 4200...and people sell. Worst part is, people actually sold with simultaneous great announcements from LXC dev. Price dipped back down to 3400-3500 range and people sold..
Now its currently at a new 24hr high of 4500.
This isnt a regular pump. This is a Mr.Net pump. always making easy money on his pumps. always.
QFT. Just like the LGD pump on Jun 8th and most pumps since from Mr Net, the money is actually in riding the many waves after each pump phase & dump phase. Neti will even -tell you- where he places his walls and what a good place to place is, so pumpers can stand together, and make continuous waves of profit on every rise.. c'mon! Who else does that ;o
HAHAHA You guys just raped LCX.... Nice...
That dump was Mr. Net recouping what he could from his position. Then he will tell everyone that he buying back in, but let his flock do the buying. A little more verbal masterbation on the chat, and then he'll declare that it could have gone better *but he's not disappointed in the turnout* and that the next one will be better. And to stay tuned. He will then have 4-5 shill accounts praise the pump, and tell of 1000% profits. They will praise him on twitter too. And the rest will be left tanking an OK coin to recoup anything they can... Until he can baghold another coin, need some BTC for beer and rent, and get the flock back together for another assault...
There is no golden ticket in alts or BTC...ya get lucky, or manipulate little people into taking hold of your sack/bag while you bust a nut right in their eye! Good job! You make the alt-coin community proud!
Holding my sides. Delicious hilarity when I saw this, made my day, because of the incredible irony of this :
..
!? Dump after -DUMP- after dump, in a bagholder-heavy cryptosphere environment right now, w/ all these insane scammers running wildly amok all summer long burning people badly, no investor/trader confidence, very low overall bittrex volume, LXC -STILL- managed to rise above past all these obstacles, in no small part thanks to Neti's buywalls, reputation, and supporters, so yea.. ;p
Still with plenty of obvious longer-term room for further rise, w/ dev ANN coming tomorrow :
Try again
