Wolong's breakdown
I don't really know what to believe,
Story 1: wolong got butthurt by constant trolling so dumped all his panda and completely bailed on the coin
Story 2: devs dumped their premined coins which angered wolong because he wanted them to hold for longer, so he got butthurt and got revenge by dumping all his and leaving the team
Either way it seems like the epic price drop has been caused by wolong getting butthurt and throwing a tantrum, of course I could be wrong though, I'm still mining panda atm with 1 rig (others have switched to other coins) and will see how things go
Story 1 is easily debunked by the fact that the devs dumped their coins 2-3 days ago and wolong only dumped his today.
Can someone explain to me then why Woolong wallet says 700 mil still in it or is that not the case
Maybe because he said it earlier that he had 1.5 Billion. If now he got only 700 mill, then he dumped 800 mill from it, the rest is still there. Simple explanation.
Anyway, what I am seeing here that wolong just dumped a shitload of PANDA at 1 satoshi, just because he was mad and wanna give a payback to the devs. I think you can sugarcoat it in any way, but the truth is thats not an acceptable act from a guy who saying he is the master trader. Nursery school babies can act like that but not grown man...Sad but true. Wolong should show the world how cool he is, by reserve the coins and pastebin the devs scam. But what he did instead...
So, guys, move on, drama over, coin will survive, it will recover slowly.