hahaha. Not gonna sell. Nope. They can push it down as far as they want, but like aforemntioned, most got in around 4k, so they won't be able to go much lower...as even the panic sellers won't want to take the hit.
Weak hands will always toss in the towel at the first signs of trouble...even after a day or two. That's just human nature.
But at the end of the day, you have to sit and ask yourself:
a) has any negative news about the coin surfaced recently? scam? developer being shady? Nope, nope, and nope. Only a boatload of epic press in its favor.
b) has there been a complete lack of confidence in the coin? Nope. It's literally only been 2 days on a big exchange. And still over 700btc daily trade volume. That is no the sign of a coin that is not desirable.
Look at the trade patterns, learn patience, and take everything into consideration. We will be back folks. Today was just a minor set back, but you have to also remember we shot up 1000 percent in one day. The law of averages. I'd much rather see the coin have a natural, healthy growth so that it gains greater adoption and stability for its future use.
It was a bad day, but it is far from the end of the world.
This is absolutely true, only good news and only positive interest from real buyers. And it is brand new, so give it time. I bought in at 5000 so they can't push it low enough to cost me money, proof of it's staying power.
So if we were at 4000 two nights ago then we are actually right where we should be today, that is still great two day growth, forget the pump, it was engineered.
Look at the value over two days minus the fake pump, 4000 - 6500