Anyone know what caused the dump this week? Was someone spreading FUD or is it just that everyone received their monthly stake and decided to all sell at the same time?
i think its the second option
I'm agreeing. You got two things going on. One, it got really hard to get ANY tek about 30 days ago. Two, it's the beginning of the month, and everybody got bills. Three, BTC went nuts. I think we're just seeing some profit taking. The two stage dump was a bit of a surprise, though. the price had nearly recovered, and then dropped again. Hopefully next month the stakeholders will be a little wiser in their sells.
Wait, what am I saying? Dump that shit! I'll be ready for it next month!
I managed to buy a small amount again today - however... gotta be said here.. since folks jumped off central cavern yesterday (to pay 1.5% to miners-point!???!!!) I mined 50TEK in 24 hrs. Not bad going.
Guys, I totally understand that you are wary of new pools, but trust me, i'm all in on TEK and there is no way i'd want to do any damage to the coin in any kind of majority hashrate attack. come back to central cavern! Our luck is far better than the rest and our servers are far superior - 6xCPU 8GBRAM with local ddos firewalls (not cloudflare) on every server. Each coin has it's own dedicated server; come on folks.. it's silly to pay inflated fees when you can get so much better elsewhere!
