Today there was a fair bit of Selling in the SWAT/BTC market on Yobit, a single sale of 4.8 million SWAT for 0.565 BTC.. There is also buying of SWAT at lower levels. The good thing is that people like @antarmontar our Iranian investor who had put in 0.35 BTC buy orders at 13 & 14 Sats have been getting SWAT into their hands and as long-term holders keep getting their hands on SWAT it is better for our project!
it is price manipulation, there is a big red candle of Swat on sale and that does not help to value its price 😞
it stayed in that the new investors if they wanted in their hands SWAT had to buy it at market price, 21 satochis and not cheap, it is not respected because the one that sold did not do it for panic, it did it by mutual agreement and it is not fair, better we all sell and do short-term trading, a new investor can not buy cheap, so it will never help the SWAT Project is a disappointment, I will move my chips to YOBIT, have an excellent day 👍
Hello Cristian,
I was the one who bought more on Yobit and took the price from 16 to 21 during the last 24 hours...
See trading history of my account..
and this one..
But there were some investors who were not very happy with the quality of Videos put up by the enthusiastic students who had live streamed the event in spite of connectivity problems.. Hence they sold more than 5 million SWAT today..
Check this private chat on Slack between me and a huge investor from Turkey! I have hidden the name and used 'Investor'
Post by investorInvestor [2:25 PM]
--------------------------------------------------------------
Professor the presentation content was nice but the quality of the video was too ameteur.And made people to dump their swats ıf you check the graph
I need there is a need of a nice presentation video of the team and their lives.
Otherwise we cannot provide credibility to the project
I made a little whale group and they feel they are doomed and they invested more than 5mıllıons
They are thinking to sell due to mentioned reasons
--------------------------------------------------------------
I had to intervene which I don't prefer doing.. and This was my response to them..
---------------------------------------------------------------
SWATCoin [2:32 PM]
May be they have sold their 5 million today and it has gone into the hands of long term holders like @antarmontar's hands now..
https://bitcointalksearch.org/topic/m.46677573 ..And about the video I had posted about it yesterday..."The event was scheduled in a seminar hall just after a research thesis presentation by another group of students. So the PG student group which had taken the initiative to organize our event hardly had a few minutes for organizing the live stream. But these are young people who were under pressure to get it done within a short time duration.. They tried hard and did the best possible they could do and I appreciate them for it." Nothing will stop the Pocket Miners from reaching the right sections of the society and markets.. It is not aimed at the affluent people.. It is aimed at the common man who is generally loyal to a product that helps him with his day to day life.. That way our long-term market is solid.. I don't see any cause of worry! this is more authentic than some high paid professional photographer bringing in some models and putting on a show to launch a product.. this will build trust in the right segments of the market!
----------------------------------------------------------------
Continuation...----------------------------------------------------------------
Investor [2:38 PM]
Ok. But next time please use a better camera thats the key point.
SWATCoin [2:43 PM]
The issue was connectivity not the camera (configuration 15 MP HDR) with heavy downpours and rains in the southern part of our country for the past few days.. In fact we were lucky to even get the live stream going! Obviously a project of this magnitude will not be affected by just an amateur live stream done by a few enthusiastic students!
----------------------------------------------------------------
Several times I intervene to stabilize price of SWAT. Obviously with limited and known supply of SWAT there is very little you can do when there are several investors who have bought at low prices and also benefited because of the 25 Million I gave away free during IB plans.. And also from the 22 million and more that I have used to sell Lower and buy Higher to encourage people to buy at higher prices which is also like another type of IB and incurred huge losses for the larger interests of the project.
On the one side people have sold using the video quality as an excuse.. since they got good short-term proifts.. There are new investors coming in from other places.. for example from Nigeria and other African countries who are buying when others are selling.. See this chat with an long-term investor from Nigeria who is leading a group of people and is also buying for himself!
--------------------------------------------------------------------------
Investor [10:08 PM]
Hello sir
One of the new investor paid 150k naira for swat coin yesterday
I where able to secure 371,800 swat coin for him
So more people what to buy because I always convince them over the project
SWATCoin [10:12 PM]
Excellent news.. some people have sold today! You have made others buy today! This is really good news!
Very Good
Investor [10:13 PM]
Yes
I also made some order few days ago
And I have so far 2.44million swat
I just need few cash to make it up 3million
I will then move it to MEW
But if I make it up 2.5million I will be fine
I will hold that till next year
I don't intend to sell any
SWATCoin [10:19 PM]
Very good commitment. I appreciate it! You will surely be rewarded. Don't be worried by short-term ups and downs of the Price Movements.. Tell others too to not panic and sell low.. Just hold..
---------------------------------------------------------------------------
As I have mentioned here there is very little we can do to hold the price up at a particular level. But the project is good enough to keep SWAT at a very good price and the market will surely reward long term holders..
You are free to take and make your own decisions of course.. But there is no need to be disappointed with the project.. If you see the 1 month chart, you can see that this investor group from Africa had taken the price up to 26 SATs last week.. Yet they are buying more now without being disappointed when the price has dropped because another group from Turkey has sold at these levels!
Cheers!