I love how everyone is feigning ignorance about motivation. If you own coins, then I am absolutely 100% certain that you are motivated to bring the price up so you can sell higher. And if you don't own any, like some of the trolls that just attacked me, then you would be motivated to bring the price down so you can buy lower. Me, I'm in the middle, if it goes up alot, then I can sell my coins, if it goes down I can just buy more. It's like playing roulette at a casino with a fat bank account. Just keep picking black and double down if you lose, eventually you will win.
Yes, please. I have the buy orders lined up.
Etblvu1
So you're a hypocrite then? Your motive is to buy cheap. Besides, you wouldn't want me to dump. Not only would I fill your orders, but then you'd instantly lose money on them.
I'm sure there are enough people (myself included) who would soak up cheap coins. I have enough hope that the coin will not implement a bad fork, or even if it does, someone will pick up the mess and improve it at some point, that I'm not selling the coins. And if you are really a trader, you should know that a loss does not occur until you sell. As far as I am concerned, the coins I bought at .0009 are just taking a detour south on the way back up eventually, and only by selling would I be taking a loss, even if it heads for the .0001 territory. And even if the coin dies, if I have already "lost" 2/3 of the value, losing the remaining 1/3 of the value is not a big deal.
And no, I am not a hypocrite. For one, I do not intentionally post misleading or fear-inducing posts to panic people into selling cheap, or push for implementing forks (apparently) specifically designed to cause the coin value to decline. But if people do want to sell cheap, I'll take advantage of the bargain. This does not make me an equal of the one who may have posted fear-inducing posts or pushed for bad inflation-inducing forks. If anything, I help take away the incentive of the fear-inducer by reducing the quantity of coin available for them to buy at the lower price.
Good luck with that, nothing can stop me from hoarding CAT coins.
At least you guys should see this as a testament to how I really feel about this coin.
And no, I cannot take away your ability to buy any cheap coins. But if you succeed in inducing the coin prices to temporarily drop, each coin I buy in such a bargain situation, is one less coin available for you to buy. And there will never be more than 21 million coins.
And no, I cannot take away your ability to buy any cheap coins. But if you succeed in inducing the coin prices to temporarily drop, each coin I buy in such a bargain situation, is one less coin available for you to buy. And there will never be more than 21 million coins.
That's fine, unless you plan on holding them forever, then they will eventually find their way into my hands.
I may hold onto them forever. Or I may find it has gone up far enough to have reached the peak. I am pretty good at sensing peaks. About half of my BTC's, I converted to USD at or above $1000, and now I am working on re-accumulating (I'm good at, but not 100% perfect at, so it would have been crazy for me to convert all). So if and when I think CAT has reached a peak, you are welcome to take some (but not all) off my hands. Then I'll buy more when I see the coin is nearing bottom again.
Etblvu1