I've been watching the Bittrex exchange. Here's what I'm seeing. A group of whales invested heavily at 3000 sat. We're talking about people who bought Minerals for 3/4 BTC. Now they have enough coins to press the price low - You sell high, they're putting sell orders at lower value. You want to buy at a higher rate than them, they sell you some coins to put your order away. If no one's biting the bait, they're passing the coins to each other (they have 2 accounts per one person) to make it look like there are weak hands who sell. Then, when the pay roll time comes for the Mineral Multipool, they estimate how many coins they got from the weak hands and they're putting enough of them on sell order to cover their Bittrex tax expenses for getting their own coins back and forth and to create fake buy/sells. (they're not selling their real coins, only those of the people who got tricked to sell them their own coins). Then the Mineral MP comes in, and buys the coins from them, giving them profit. Then they are continuing to trick people with fake panic sells at low price, to sell them their coins cheap, i.e. they are generating more and more Mineral income basically for free and they'll hit the jackpot when this coin starts to take off. These whales are at Bittrex. Mineral dev, can you do something about it? I don't know what exactly, but I think that Poloniex is far better when compared to Bittrex. The last is the most favorite place for whales. Will be happy to see what you guys are thinking. Spread the word for the tricky whales @ Bittrex. Thanks.
Even if correct, I don't see how anyone can do anything. Let whales swim and do their thing. If they are involved, it usually means a pump at some point, so I wouldn't worry about it.
Maybe 10k sat.
