Well
it is just my perception, but there was demand pushing price higher and guy set up sell wall of 24000 at once and basically stopped price movement. There is still 10 000 of his sell wall untouched. Because sellers put their asks lower so they can be filled. To me it seems irrational, If I would sell I would be selling in smaller chunks and try to do it at best prices. This looked like brute forcing stop of price rise.
It is called market manipulation (by Max and his DotCom boom n bust chums).
If a whale and/or someone who just wrote themselves a 42 million coin paycheck believes that..
By giving away a lot of startcoin on startjoin. Startcoin that I bought on the exchanges.
5000 is hardly a vast amount btw
.. then wtf makes you think 24000 is ?
See, given the size, value and "potential" + exposure of start, I truly wonder who/what (or how many) folks are manipulating it? You can see it on bittrex mainly given the size of exchange and coins. Thus your comments:
It is called market manipulation (by Max and his DotCom boom n bust chums). We know it's true but is it really being done by them? I mean it wouldn't surprise me and not like we have any control over that, or is it also being done by other whales/manipulators to a lesser extent? I'd say it's both, no??
Again us sheep can only follow since we're not on the inside, nor have a shitload of coins to even play that game...so all we can do is ride the waves of start manipulation or HOLD until one day it finally does moon (or just pnd which seems more likely lol). It appears the price is both supported for a pump but even held down with big sell so it never gets the chance to explode....for how long will this shit continue?
I'm sure those involved playing with start laugh at posts here or just simply don't care and do what they do well to just make more btc, but whatever. Such is crypto.
I'm just curious to know the truth here (which will prob never come out lol) or at least see if someone can give actual proof of what the heck is going on behind the scenes of start...no BS either, someone with the real deal here? You almost have to 'dare' someone to share, but who the heck know what's real and what's not, meh. It seems everything is hearsay all the bloody time here....??