Actually, your primary assumptions are incorrect, so it sure feels fuddy to me
No, we don't have 40%-80% of the florin out there - in fact Blocktech has less than 5%, and we got what we have almost entirely from mining. My guess as far as the reason that there aren't a lot of sellers is that the few folks who'd been accumulating it over the past year have their eye on this project right now. Obviously I wish we had a lot more of it, but we couldn't afford to spend the minor investments we did get over the past year on anything but development costs (servers, services, developers themselves, feeding them, office space for some time). Our intent really is the project as described, and we are in fact doing it - making something work does take time, so i'm not sure why you're so callously writing it off simply because it hasn't been released publicly yet.
Edit: Also, no, we did not pay for bittrex and polo listings. We emailed them to tell them about Alexandria and they were happy to list the coin.
Anyway, just felt the need to clear up that assumption since it was so far off the mark - no hard feelings tho, I can understand your general distrust of the XYZceo monikers
D
I've been trading flo for a long time and obviously someone bought a huge amount in the several weeks before it was mentioned on this thread on March 11, 2015 or so. Every step you have taken so far is consistent with a pump, and not consistent with a serious project.
Again, I have a bunch of florin long term, but am simply offering caution to people buying at this level. Remember, 4 months ago the price was around 1/20 of what it is now. Someone bought up huge amounts. Then the blocktech announcement.
It's a good coin but until the crypto markets recover in general a person should be cautious since this coin has increased a couple thousand percent already on this pump.
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Just an FYI,
The coin is advancing correctly from a technical perspective, i.e. higher lows and higher highs, but we do appear to be entering an area of large overhead resistance near .0018 LTC. I would advise all the large holders, of whom I am one now also, to not be short sighted. If you believe in this coin - hold it. Trust me when I tell you that these coins can run farther than anyone ever imagined. A 100 fold gain from here is not an outlandish proposition. Please don't dump on every rise as we go up from here, as you will find it much more profitable to just let the coin run into new all time highs. Thanks.
http://www.thebitcoinchannel.com/P.S. Don't blame the guys from Blocktech or Alexandria Project for pumping this coin. I can assure they are not. I am accumulating this coin on a very long term basis because I believe in it and it's promise. From the market testing I have performed so far, the interest in this coin is very strong and very legit. If there is a dump to this pump it will not be me.
That's almost funny except that there are probably people who will believe you.
The technicals on this coin right now are abysmal. Go to bittrex and select the maximum time period. Like a lot of pump coins it looks like someone tried to use fake volume to create a technical pattern. It's laughable.
The coin has been going up because some person bought a huge amount and the actual float right now is small. That person or group has to keep supporting the price or they will lose their investment.
Again, it's a fine coin I've owned for a long time but the current stuff going on is not helping it long term.