!!! WARNING: This user is a newbie. If you are expecting a message from a more veteran member, then this is an imposter !!!
Stop the manipulation on the exchange markets, it is clear that it is all done artificially. It is better to invest money to advertisizing or further development than turning it on exchange markets. I also think that few people possess too much coins - coins are not scattered around, so the price cannot go up. People will not buy coin until they will not see buying power in orders with minimum spread. I know this volume in fake and you know it, this is not good for whole project.
Nevertheless i think the project is great.
Best Regards
Loyd Pmed me the message above, and I felt the need to respond to it publicly. I take the accusations above really seriously, I want to address this here and right now publicly, I am not manipulating the market, I've never traded in any other exchanges except bittrex and it is not our responsibility as devs to tell people what to do and what to not do, Every investor that hold his own private key is responsible for his own actions.
BTW: don't feel any entitlement if you hold CRBITs, I don't owe you (or anyone) shit, you get as much as you give to this project (and I don't mean money, I mean effort, time, knowledge), so all I know is that until you start committing instead of commenting you can stick your opinion up your ass.
There is no way to know if "few people possess to much coins" as...
http://explorer.coinpayments.net/wealthiest.phphttps://explorer.creditbit.org/richlistLists detailing the holdings of top wallets do not work. He is right that the volume is being faked by someone, and I pointed it out a while ago. Its pretty obvious and anyone that is familiar with trading can see it. Its also clear that it is not the development team, and while you can not control what other people do, you can ensure that tools like the rich list work so that other people can get a feel for just how many huge holders there are.
Really in the end, there is always a price on the exchanges where people will sell their coins, and if anyone wants them they can always get them. I have a feeling that there aren't all that many giant holders of this coin, as if there were someone would be trying to pump the price sky high (as usually happens when some pump group gets their hands on a large amount of coins). And here rather the coins are spread around with a ton of small to medium holders, who don't have vast reserves of BTC to pump the price.
People are going to have to settle for slow, and natural price growth, which I KNOW I KNOW, is unheard of in the crypto sphere since 99% of coins are purely get rich quick shemes.
CREDITBIT isn't. The dev team is for real.