Because they think thats the highest price and they need to sell before it goes down after the dividends rolled out.
or it is bag holder dumping some.to lower price as lower price at div time means more posw and then re pump after
How so?
how so? what if posw is cheaper come div time holders get more posw if it is higher holders get less
So your logic is someone dumped their PoSW just so everyone else could get a higher dividend?
Can't argue with that
No, but to make others sell their coins in panic and buying when it hits bottom. The price drop was incredible and I doubt any of us expected it to go down to 10 cents, so this worked freaking awesomely. This is the only explanation I can see reasonable.
not saying one person bit a group that sell down a couple k sats then wait for panic sellers to sell to 8k and buy them back and well posw is low div payout higher