Topic: NA - page 598. (Read 893616 times)

No, this is a guy who desprately needs money or wants the price down even if it costs a BTC or so.

I think so. Maybe the dutch bancing sector has hired someone to do this Grin

But what a stupid way to act like this.Can't go on for ever, then he is sold out Wink

The coin has been range bound for a month at this level, something had to give and it ended up being the sellers being impatient. The buyers are standing on the sidelines, remember that 1 btc sell wall that got eaten up a week ago at about 153-154, the buyers waited until it was low enough before taking it out.

There is a lot of btc and NLG that is waiting and ready to snipe out good deals.

Svener

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Quote from: veertje on May 24, 2014, 05:21:29 PM

Quote from: veertje on May 24, 2014, 05:38:05 PM

You can derive this from the orders. They are always 1000 or multiple of 1000 and sometime the transactions fee of .1 NLG added. Second thing is the pools together did not have 350 Mhs the last days.

But the solominers are included in the total hashrate, isn't it? If so, the solominer can't get that much a day or he must have 100 Mh/s+ of the network or so.

Yep, the solo guy is not the dumping guy. It's not logical to autosell 1000 - 5000 NLG every 10 - 20 mins and keep 1.6 Mio to dump the other day. No the one who dumps this amounts is even making no profit, no way he bought al this below 130 and if he mined it he was better of selling it in portions of 100.000. No, this is a guy who desprately needs money or wants the price down even if it costs a BTC or so.

I agree, could be someone or group that is seeing the coin as a threat or pissed off, alternatively they needed the funds back for something that occurred in real life.

thsminer

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No, this is a guy who desprately needs money or wants the price down even if it costs a BTC or so.

I think so. Maybe the dutch bancing sector has hired someone to do this Grin

That would be something Grin

veertje

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Activity: 952

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Quote from: veertje on May 24, 2014, 05:21:29 PM

No, this is a guy who desprately needs money or wants the price down even if it costs a BTC or so.

I think so. Maybe the dutch bancing sector has hired someone to do this Grin

But what a stupid way to act like this.Can't go on for ever, then he is sold out Wink

thsminer

sr. member

Activity: 332

Merit: 250

Quote from: veertje on May 24, 2014, 05:21:29 PM

You can derive this from the orders. They are always 1000 or multiple of 1000 and sometime the transactions fee of .1 NLG added. Second thing is the pools together did not have 350 Mhs the last days.

But the solominers are included in the total hashrate, isn't it? If so, the solominer can't get that much a day or he must have 100 Mh/s+ of the network or so.

Yep, the solo guy is not the dumping guy. It's not logical to autosell 1000 - 5000 NLG every 10 - 20 mins and keep 1.6 Mio to dump the other day. No the one who dumps this amounts is even making no profit, no way he bought al this below 130 and if he mined it he was better of selling it in portions of 100.000. No, this is a guy who desprately needs money or wants the price down even if it costs a BTC or so.

TamiLee

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You can derive this from the orders. They are always 1000 or multiple of 1000 and sometime the transactions fee of .1 NLG added. Second thing is the pools together did not have 350 Mhs the last days.

But the solominers are included in the total hashrate, isn't it? If so, the solominer can't get that much a day or he must have 100 Mh/s+ of the network or so.

576 000 coins get produced daily regardless of the MH/s, so the question is whether there will be enough buyers to support that many coins being produced daily and I am sure half the miners are also holding to use or wait for better prices.

At a price of 100, only .576 btc a day is needed if everyone dumps out like someone else mentioned before. The current price is stupidly low considering what this coin has going for it already.

Svener

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Lets put things into perspective.

There is currently over 80 Billion DogeCoins and trading price is currently 84 on Mintpal, was around a 100 a week ago.

There is 52 million NLG and price is 50% more then Doges.

So if NLG delivers you can see the upside potential this coin can have!

veertje

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Activity: 952

Merit: 1000

Quote from: veertje on May 24, 2014, 05:03:25 PM

You can derive this from the orders. They are always 1000 or multiple of 1000 and sometime the transactions fee of .1 NLG added. Second thing is the pools together did not have 350 Mhs the last days.

But the solominers are included in the total hashrate, isn't it? If so, the solominer can't get that much a day or he must have 100 Mh/s+ of the network or so.

thsminer

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Activity: 332

Merit: 250

Quote from: thsminer on May 24, 2014, 04:59:38 PM

Quote from: thsminer on May 24, 2014, 04:59:38 PM

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

Yep, it looks like someone tries to kill the coin...
[Edit] And now someone tries to dump .6 BTC of coins at 150 Sat.

Plan will be to push trade under 100 to buy up more NLG imo.

Doubt it, if that was the plan then this person would have taken the other few BTC also to get it under 100. No it was done in two big 1.5 Mio sales one yesterday and one now.
pretty fishy...

Last week continuous sells at lower bid-price, instead of setting an ask price. There is someone or more persons who want the coin down or so. Huh

Will not work. Grin

Quote

What complicates things is the big solominer that auto sells a couple 100000 NLG a day...

Is it a solominer, how do you know? And why sell, if it can be worth much more?

You can derive this from the orders. They are always 1000 or multiple of 1000 and sometime the transactions fee of .1 NLG added. Second thing is the pools together did not have 350 Mhs the last days.

TamiLee

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Activity: 637

Merit: 500

Quote from: thsminer on May 24, 2014, 04:59:38 PM

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

Yep, it looks like someone tries to kill the coin...
[Edit] And now someone tries to dump .6 BTC of coins at 150 Sat.

Plan will be to push trade under 100 to buy up more NLG imo.

Doubt it, if that was the plan then this person would have taken the other few BTC also to get it under 100. No it was done in two big 1.5 Mio sales one yesterday and one now.
pretty fishy...
What complicates things is the big solominer that auto sells a couple 100000 NLG a day...

Does anyone know if NLG has been added to one of those scummy POS coin multipools which just use POW coins to dump out?

veertje

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Activity: 952

Merit: 1000

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

Yep, it looks like someone tries to kill the coin...
[Edit] And now someone tries to dump .6 BTC of coins at 150 Sat.

Plan will be to push trade under 100 to buy up more NLG imo.

Doubt it, if that was the plan then this person would have taken the other few BTC also to get it under 100. No it was done in two big 1.5 Mio sales one yesterday and one now.
pretty fishy...

Last week continuous sells at lower bid-price, instead of setting an ask price. There is someone or more persons who want the coin down or so. Huh

Will not work. Grin

Quote

What complicates things is the big solominer that auto sells a couple 100000 NLG a day...

Is it a solominer, how do you know? And why sell, if it can be worth much more? Should be very stupid to do that. I think there is/are some who don't want NLG to succeed. Or it is a whale who wants to buy up cheap.

thsminer

sr. member

Activity: 332

Merit: 250

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

Yep, it looks like someone tries to kill the coin...
[Edit] And now someone tries to dump .6 BTC of coins at 150 Sat.

Plan will be to push trade under 100 to buy up more NLG imo.

Doubt it, if that was the plan then this person would have taken the other few BTC also to get it under 100. No it was done in two big 1.5 Mio sales one yesterday and one now.
pretty fishy...
What complicates things is the big solominer that auto sells a couple 100000 NLG a day...

TamiLee

hero member

Activity: 637

Merit: 500

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

Yep, it looks like someone tries to kill the coin...
[Edit] And now someone tries to dump .6 BTC of coins at 150 Sat.

Plan will be to push trade under 100 to buy up more NLG imo.

thsminer

sr. member

Activity: 332

Merit: 250

1,3 mio coins, puh that is a lot.

actuall all buyorder of bittrex in summary have a value of 0,26 btc ..
that is bad.

Yep, it looks like someone tries to kill the coin...
[Edit] And now someone tries to dump .6 BTC of coins at 150 Sat.

TamiLee

hero member

Activity: 637

Merit: 500