Someone has put in a crazy sell order at Poloniex! 14,300 PMC @.002 for 28.6 BTC
Yeah. I have an inkling. At least they're not being dumped, anyway. Sort of disappointing to make it that obvious that one person holds a large stake, but it could be several holders who have just agreed that .002 is a fair price. It's possible. It only takes 2 or 3 early stake holders to agree on a sell price for that to happen. So it may not be one person.
The alarming part should be that it is a reasonable ask, and I wouldn't be surprised to see that ask touched today.
We're starting to talk big money now, so in order for someone to amass that many coins, they either bought in recently or understand the value of Premine. Or both.
Like has been said over the last few pages, you would have to be absolutely nuts to dump PMC. Infact it appears that the opposite of dumping is taking place. Investors are taking coins out of weak hands then selling them at expected future market value. This is the act of investors, not dumpers.
I'm trying to imagine that sell order being eaten up and it just blows my mind. PMC jumped 3 times yesterday. I thought it was over after each jump. From here on in it could go up at any moment.
I almost feel bad for all of the people that looked at this coin in the beginning and said..."This isn't going anywhere, this is a shitcoin." I have a feeling they'll be kicking themselves in the ass for that now lol.
I don't. I have no pity for those who do not see the potential. But I do respect those who admit to themselves when they are wrong and accept that Premine is about to cause a storm. The community of Premine is accepting. Still not too late.
