Jeez man is every post of yours so bloody aggresive. Isn't the point of a currency to be spent sold bought. You come off all angry like when someone sells or doesn't do it at the level YOU deem worthy. You need to settle down do your part and let sellers and buyers be who they are... you know cause thats what a free market does? I didn't know what you actually wanted was a centralised authorative coin that tells people at what rate they can and cannot sell / buy.
You think I'm aggressive, look at you going on with your bad self. I believe that you've spouted this central authority nonsense before. Somehow how you think it deserves repeating? Anyway, I have no power of what price someone sells their coins. Just like everybody else I have an opinion over whether the current bid/ask is over or under valued. This is generally how trader gages whether it's time to buy or sell.
I remember you in the crypty scam accusation thread offering to buy peoples crypsty debt at some low price. You go on in other posts about parasites and mingers or whatever you call them but what you did in the cryptsy thread was become a parasite vulture yourself hoping to prey or benefit on others. I think you need to settle down and stop being so aggresive on market trends. Its not your place to call people clowns and other things when a sell or buy doesn't do what you want it to. You have coins yourself and free will so you can choose yourself to... or would it be a different standard yourself when you decide to sell or buy? I mean opinions and free speech is your right but you come off as sour grapes and aggressive all the bloody time... sheesh. One minute you are saying richlist #1 is going to get away and you're happy its holding... next minute you're pissed they sell a bit. Grow up.
There is nothing wrong with offering to buy a distressed asset. In fact, it would have turned out to be a good offer considering those cryptsy BTC is worth nothing now. Sorry you don't deem that kind of offer worthy. Maybe you think I was forcing cryptsy's customers for take 6.5% for their CBTC. Anyway, call me a vulture. It really doesn't bother me at all.
As for the guy in the #1 spot, it's perfectly valid to watch for when those top accounts move coins as a possible indication of when a potential sell is coming. Any transaction moving >5m into that exchange tells me that a buyer may get a better price if they wait. If I see someone move 35m to bittrex and the best available bid maybe shows 10 - 20m, I would put a order behind those bids and look to capture some of that 35m at a discount should that user again dump a huge block like that at in one huge sell.
As for calling people clowns, it seems a bit fitting to call that guy that sold the 35m a clown. He wasn't exactly behaving like a skilled trader when he moved those coins to bittrex, littered them all over the sell side for a few days, and then dumped them in heavy handed fashion in a few large sell orders. He's likely an emotional trader, possibly he's run out of patience in holding, or he is in some sort of situation that necessitated him raising some BTC quickly. Either wya, I would definitely monitor his activity and try to profit from it in the future. He's basically walking around with a huge chalk mark on his back now. It's not any different than playing poker with someone that shows you his cards and bets fast and loose. He'll likely continue that behavior to his own detriment, but hey that's his choice.
You do realise right that when a coin becomes more spread i.e. a seller distributes their higher percentage to a lower percentage buyer it means coins are better spread which is better right?
I must say that I would have to classify that statement as very close to if not completely nonsense. The distribution of coins is pretty much irrelevant with this coin. Buying demand is very weak and speculative at best. IMO no one buyer controls enough coins to bring the price up by forcefully reducing liquidity.
To others im looking forward to the POS change. Might bring something to this hyper inflated coin but realistically it doesn't have anything over other pos coins other than its rate. The demand isn't there on daily volume and price is shrinking.. without actual use cases and work it'll go lower. Holding doesn't make a coin valuable if you just fork the source and change a var... a shitty leaf icon and name sprouts won't do it either... utility and use does. And NO a casion, dice site or some other faucet bullshit isn't utility.
I'd expect a bit of hoarding and possible run up followed by a violent sell off right before a decrease in the POS reward change kicks in. Hopefully Milly will decrease the POS reward slowly over a period of time so that a potential sell of may be better absorbed.
This coin isn't used anywhere. So it's utility is currently 0 unless you make some sort of personal trade with someone else for something. It's only of interest to those who wish to mine without the need for physical mining hardware and those who wish to speculate that the current price reflects an oversold situation that may become more profitable in the near future when the market recovers from the craptsy effect. To increase the market cap, the coin could benefit from milly launching his new wallet, maybe getting on a few more exchanges, and bringing in a few more new coin owners who are desire staking more for the long run.