It's from all those weird hype and now fud posters few pages ago. When those stop I will buy more. For now best is to place low bids.
Price was 500. 0 posts a day here, Dev no posting few day if I remember well. Almost no one buying. Support 0.6 btc to 1 satoshi.
People selling for 5xx, 300-400, even 140-240. Coin looks like dead.
I was buying but with not much hope, I thought what can I do to help coin, because i liked idea, but Dev was offline and I even thought that i lost money buying that even at cap 1000$. I thought about contact some crypto sites to ask them can they write about GSMcoin. They don't want, but one place want to publish - only if I'll write article. So I write.
I made 100% fake volume buying and selling own Gsmcoins at c-cex one day before I thought about contact some crypto sites to write about GSM. Blind try with fake volume but very good.
Wrote an article 1d or 2d after fake vol. Price going to 1000, 1500, 2000... few people start posting 100% hype and started to be very intrested in coin.
Those people admitted "This is not pump! GSM is revolutionary coin, it's undervaluated!". So the pump continue and they're blindhyping GSM.
But it works, price rose much more than many ppl expected to more than 4000 and even 5000.
And that was greatest moment to sell - above 4000. Pump is now over - maybe will recover but when and how much - I don't know.
Ofc now people are surpised like kids "why price is falling?" "some moron is selling?" etc. bullshit.
They post each day only pure hype posts like 10k 30k soon; very cheap, I'm buying more etc. 300,000-1,000,000$ cap etc.
That was PUMP n DUMP. They funniest thing was the people do not listen that this is PUMP.
I very like GSMcoin and I think it sill succeed only if we'll help to create demand for unlocking phone with payment in GSMcoin.
But when there's PUMP, there' PUMP and that's all, you must to trade wisely even if you think coin is interesting.
Now support is almost gone and probably soon sell at 3k or 2.5k will be like "Why i didn't sell?!" for many people who doing nothing more but hyping here coin and buying more at pump.
Always the same! Many people here were too long in Delusion/NEW PARADIGM
Ofc this can be bear trap to bogger bubble, but even so - not that fast imo and I wouldn't bet.
Community (many bagholders) MUST WORK NOW TO HELP INCREASE DEMAND FOR GSMCOIN. Hype not works anymore lol.
That said, that's a pretty weak pump. Just look at grid with nothing. lol
