Someone can create a 100 BTC buy order at 1 satoshi. Will that affect the price?
No, this is tried on every market on every exchange. You must place it at a specific position relative to bid. On the flip side if you try to accumulate any decent amount of coins the price will skyrocket. This low liquidity market is 90% manipulators, including many of the supporters you are talking to here in this thread. Then you have XMR, which will manipulate VNL downward if it has too much volume. I saw 20 BTC suppression order get pulled last month and one minute later 20 BTC buy occured on XMR market(impossible odds). If you watch close enough you can see it all.
Thank you for your support.
imho, the problem is that for months there is a "war" between miners and investors.
Investors begin to make the price rise and the miners dump on us.
Once you said that the value of btc is around $200 which is the cost of mining.
What is the cost to the miners of VNL profiting?
For now still being created a lot of coins a day (it would be nice if there was a way to reduce it).
I believe that only when this number is reduced dramatically is that VNL will fly like a rocket.
Then surely we will see six digits, maybe seven.
For now I'll accumulating
ya there's a war, but miners are investors too.
why would miners 'dump' at the current prices? is this serious?
i don't think there are large # of fpga rigs out there, a dozen or 2 maybe, (guessing) and maybe with their higher efficiency, those using them can sell profitably, but gpu miners are most likely holding, as the equation is not profitable. i run one r9-280x, gets me 10 vnl/day, or $0.3770928. with electricity at ~$0.20/kwh, it's at least $0.50/day + internet to keep the software running
