Whomever is trying to exit on they're positions on Bittrex are Damn Fools, New hands are swallowing up nice juicy chunks of SDC. I guess this is how things typically go. People have been sitting on SDC for a while, new 35-45K sat prices can give you a nice profit. Then you're screams of despair will be drown out by the cheering masses that held on longer.
I'm just shocked at this behavior, some of us have held this coin for nearly two years now, and you are going to sell off your positions for 40-60%?
People want real innovation in crypto, But real innovation takes time, a LONG time. Like any big software project it can take years to come to fruition.
Without these dumpers, we could be kissing 80-100k already with the buy pressure we've seen recently. But I guess those sellers are happy with those returns.
To the sellers, Thank you for giving your coins to buyers with bigger ambitions. It will go along way to getting to the market valuation I am hoping for.
Always keep in mind that all alts are pegged to btc. So the ratio declines when btc spikes. Like it did today.They are directly correlated.
But that .27 bot that continuously hammers the coin is what keeps the price so low generally. This coin will have its day.
Most coins get pumped because the big wallet holders are only pumpers. This coins rich list are actual investors, pumpers won't touch coins they can't control the majority stake of.