Have you seen the charts for basically every coin that gets listed after an ICO?
You call us pumpers, but you're a FUD'er.. why are you even here then? Probably to try and drive it down to ICO price so you can buy in since you missed out?
Julian also said Chinese and international exchanges are in the coming days. Do you really think there's not going to be much higher demand than there is right now? Especially when the market overall bounces back up?
dude you're so fresh in cryptos (clearly by your logic) that I think you need to take a step back. I've been watching/buying bitcoin since around $100 and I've seen those markets that without any broad-known catalyst just crash. And vice versa...and sometimes for months.
Sure, Asian exchanges will obviously help, and I think that PAY might be one of the solid tokens that holds value in a bear market, but anytime you hear a noob say "look at other ICO charts!" it shows how little experience they have in this scene.
Anyone who was playing around with crypto before the last bubble rush we just saw would see that this current trend in the market has the same looks as the other times it went bear. I'm not saying we're switching to down trend but I will say one should be ready considering how much 'real world' money just flowed into this market. They might take profits sooner than later rather than waiting for the market to drop, and bounce back higher than before.
I have no doubt the bull rush will return, but to think that it's over in 4 days I'm just not sure. We're in an accelerated time-space so maybe it WILL only be a few days bearish but my gut has the nerves that it'll be 1-2 months before we see fresh capital flow into here and start the next rush.
Dude is definitely at least 50% right when he says its FOMOs who drove the price up, because if the funding for this market was less centralized then it would just keep going up, instead of stalling when all the FOMOs have spent their last fiat hoping the price will continue climbing.
The noobs drove this market up, and the noobs are probably the reason the price is crashing all over the board, and why PAY isn't at $5 right now going higher in a bull run.
WE CAN PARTIALLY THANK HITBTC AND ALL THE FOOLS WHO USE IT FOR GETTING THE FIRST FEW SUCKERS TO PAY $10!!!
If people who actually believed in cryptos were the real investors, instead of 'traditional finance' noobs, we'd see much more hodling and the only sells would be fairly high. There are still a good portion of investors who are 1 yr+ guys which is how I made my money, but the fact that so many people are playing traditionally and turning the market bull to bear bull to bear makes it harder to judge which projects even truly have potential, as we don't know how many investors in any ICO are 'real' crypto lovers, or just people trying to make a guaranteed 200% and switch