One last thing about this massive price drop.
At least 6 months ago I said I expected this to happen although I didn't how it would be done. So yeah, even this move was predictable and I did warn everyone then and I said I wouldn't sell even if they killed ixc as a defensive move.
I'll resurect it and sell it to Jamie Dimon if I have to.
I think it's going to 2,000 sat or lower. I've been saying this for months.
Good luck!
You think Ixcoin will go below 2k satoshi but Ixcoin has been testing 5k support for a long time and did not break (at least in Cryptsy). Somebody is still buying up all the Ixcoin for cheap.
Correct, even the worst news hasn't knocked ixc much below 5,000 sat. But I feel it's gonna get hit hard. It's just something I've felt for a while now and I did warn everyone multiple times but it was just a feeling I had and nothing solid.
But I don't know what the goal is. They may be trying to accumulate more but IXC is definitely a threat to BTC in my opinion so they may be trying to kill it. Without any exchange or huge mining pool to secure it, IXC would become dead and useless overnight, attacked by every rich Bitcoiner I've ever insulted, and that list is quite long.
50/50 chance I say.