Price is kept artificially low: a lot of buying higher, immediately selling lower going on. Annoying. It seems these "traders" don't want to make money (at first).
A scamming or dumping party would act differently, they would let the price rise, sell high, maybe even use their ETH or other resources to pump the price first. Not dumping first and taking losses.
Whoever they may be, don't let them scare you. HODL.
If they succeed with their strategy, use them, accumulate lower.
This is a good coin, and whether this is competition or coordinated trading for lower entrance - they know this is a good investment too, or they wouldn't bother doing this exhausting trading op.
Yes exactly what I reported a couple of days ago. Glad I'm not the only one that noticed it.
Precisely. And I noticed the giant sell walls on the way up too. I logged their positions. They were moving against the price, not a way to make profit. It seems that they split them half and spread them out for now, to apply constant pressure.
I interpret this as an overwhelming GO for general investment in PAY. Pick your timing or HODL.
The TenX product is finished and shipping. The software is ready on Android, soon on iOS. You can find Youtube videos of the team using the card internationally. I hope the next batch of cards is ready soon, I am eager to use it. The rates are way better than those of any bank in my country. A suppressed PAY price doesn't matter for this in any way. This could be a great way to increase crypto adoption. And they have future plans too, it doesn't seem that they would stop after those cards are shipped.
LOL 