Topic: [ANN] Qora | Released 16 May | 100% POS | New Source - page 17. (Read 748266 times)

Often the simplest answer is the right one.  What is going on with Qora and all these dumps and sells?!  Blatant price manipulation?

After seeing this trend for so long, I doubt it.  My hunch is that someone smart bought into Qora as a stake holder, possibly using multiple BTC source addresses.  This individual (or individuals) have simply been cashing out.

Most of us feel that Qora is way under priced but I think some whale is happy with his/her 10x+ profits.  However, instead of dumping the order book, they are making small stake sales each day (5-7m) and when the pressure increases, or is expected to increase, they pad the sell book.  This is the smartest way to take profits.

There has been to much downward pressure, IMHO, for any intelligent person to hold down the book.  I don't see how they could quickly cover their costs.  Also, this type of behavior is often short-term manipulation and small dumps have been going on for a long time.

I really think what we are seeing is distribution at work.  This feels bad if you want to see Qora rise in the short to mid term, but this is good news for distribution.  This whales source will run dry eventually. It will happen sooner, rather than later, if/when people start paying attention to Qora.

And on that note, having CfB post comments on our threads is good news.  I doubt he'll ever support Qora but I think he's an honest guy who primarily cares about the tech over any form of coin-fanboyism.  His presence means people are starting to turn heads.  If this really is a worthwhile coin, we want that.  Including the skeptics.

BTT is good, but a good coin builds its own forum and communicative ways (e.g. chat). The dev is active everywhere, while doing the whole work. If you want to reach him try a PM here or in the chat.

Open Source will happen, check what the dev has already said (there are some things that need to be done before going OS).



Yes, whoever wants to get out or feels dissatisfied (though I can't see any reason) can do it now. These sell walls won't stay for long anyway..

Most people like to communicate here on BTT.  After all, this is where Qora fundraising took place and where the community was built.  He needs to have more of a presence here and posts more updates, such as how close are we to Open Source. 

meeting on chat today? 

I believe after these sell walls the Qora community get rid of the rot fishes in the community and from there we can really grow stronger in price And Qora still has the 120 BTC and wants to invest some of that in this  coin

thanks for the useful information,
We should believe the dev will bring more surprise.

Information for those people that are not following the chat:

http://qora.co.in/chat/logs/2014/10/27.html

[22:14:50] Anyone that wants to talk about things can always do it here or by pm.
[22:15:33] More information will be given when it is available. There are still a lot things that will happen this year.

buying @10 as well in bter.
who are dumping? so stupid.

nice

I will buy qora @ 10 sat. pm  me .

May Jesus/Allah/Jebus be praised!

I've never had an issue withdrawing Qora from Bter until recently. Anyone else currently experiencing a delay in Qora withdrawals?

Qora could of been a contender, sadly its best left alone now to die an honourable death.

There is simply not enough capital for more than a bunch of coins, and PoS niche is already taken by you know which coin supported by few PoS believers. The rest put money into PoW.

Nothing says confidence more than a massive sell wall. lol

This is the guy this community should of attacked not me. He has been suppressing the price for months now. He has over 5% of the coins now I expect quite a bit more. He's been FUDing and using sock puppets to keep the Source closed etc. He's a champ!

Lets see if you are thanking me in 3 months when they are the same price or less and you can't even sell them.

I've already made money on other coin in the last 24 hrs. Such relief....bye now.

thank you for the coins

Well I'm all dumped out now.

Thankfully I NEVER need to be involved any more with one of the most retarded communities I have ever been involved in.

Please go away and take your self destroyed coin with you.

I guess he's busy cooperating with the AT team or building the wallet enhancement stuff.