Topic: This was (Read 1766 times)
Trying to be Big Fish in a small lake? 
Fish is out of Lake and drying.
Dry hole. I encountered one of those once. 
Hmm there don't seem to be any big sell orders left... how weird.
Sell orders all empty hehe.
Sell orders all empty hehe.
It does seem like some serious buy support is building!
The beauty of low market caps is that people can only dump so much on you before there's nothing left to dump.
Trying to be Big Fish in a small lake?
suncoin .. good to know I will buy some Gridseed 
Looks like this baby is going to the moon. Very excited for the coming rise. This is the perfect time too given all the pumping on Mintpal going on as we speak.
People wouldn't realize though. Greed would take over and the price would just keep barreling up until the majority holders dump.
It's pretty much only possible to acquire 90% of a crypto if absolutely nobody cares about it. Then you are 90% stakeholder in a crypto that nobody cares about. Might not be all that profitable, and you might never be able to cash out more than you put in without crashing it back to where you bought it all.
Yep, that's right. Buying a crypto like that is like buying a defunct company that still trades as a penny-share shell. You can buy cheap, but once you buy you're the proud owner of a ball and chain. You have to haul the ball and drag the chain, else you might as well write off your purchase.
It's pretty much only possible to acquire 90% of a crypto if absolutely nobody cares about it. Then you are 90% stakeholder in a crypto that nobody cares about. Might not be all that profitable, and you might never be able to cash out more than you put in without crashing it back to where you bought it all. Nonetheless, I'm prety sure something like this is already happening with a few dead coins nobody cares about. First ones that come to mind are GLB and SOC, but I'm sure there are others.
We know that about 10% of all coins are generally traded on the exchanges. So if you take 10% of that 10% that are not in control you are left with only 1% of all coins up for sale.
I don't think this is correct, man.
Please bear in mind that for most coins, only a fraction is mined during the early days - and there have been several monumentally massive first-week/month dumping that far, far exceed the 10% mark.
Unless coins have PoS or stellar innovation/development, exchanges are typically flooded from the get go. Even some of the relatively stronger coins suffer from cyclic dumping in an effort to strategically depress prices.
Yes well this is possible but might be no profitable for someone holding 90%.
BTC
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