I don't know if dev is dumping or not. Just a lot of folk follows some people on twitter. And when they say they bought rox and it's a good buy, of course rox price spiked. Now it's opposite they'r done with holding the coin and told the reason/fear behind it.
but when you make panic sell price go always quick and hard own.
I'm not claiming anything. But it was fun to watch how price spiked when some certain people on twitter suggested they bought it. And of course what is happening when it's opposite.
When you get that kind of influence on people, you almost can't loose and always making profit no matter what coin you buy short term. You control the market price of the coin until volume is to big or mass adopted. But coins at the beginning, are in the hands of twitter people looks like.
I know what you mean. People are always looking for directions, so even a reasonably competent-sounding guy can suddenly become an expert.
What most people are forgetting is, there are no fundamentals behind 99% of the coins in the market; there are only sentiments.
Most of the coins have no plans beyond getting listed, and the 'developments' often touted have very limited real world applications.
So at the end of the day, we, or at least I, hedge our/my bets with developers that appears competent, mature, can write and articulate themselves well, and most of all, do not promise the moon and stars (in the last week alone, I've seen dev that promised deals with one of the largest North American clothing retailers, the airline industry and a major online porn site). Between silly blowhards and understated devs, I know who I would go for every time.
