Figure it out guys...its not pure manipulation. Investors are confused about the direction xc is taking and they're selling off their coins. I'm not trying to be a naysayer but somebody has to tell it like it is. If you think its cheap buy more.
I doubt it. We're releasing news today explaining how massively beneficial the Blocknet will be.
Also anyone who's looked at this forum over the past 5 days will have learned the value of the Blocknet already.
Thing is this seems to happen every time before there is news.. It could be an investor anticipating bad news each time, but it doesnt make sense.
You're right: it doesn't make sense in terms of news. It's an oppressor.
Yeah but the movement down was never that hard. We are now at the june price level.
I doubt this is only manipulation and as it seems not everyone sees blocknet as something good because otherwise no one would sell that much coins right now
People know we're releasing news on the Blocknet later today. It's completely illogical to sell before that when we're stated that it'll clarify how awesome the Blocknet will be for XC.
thats why I attached the pic, I wasnt trying to interpret the market or provide tips, I was merely describing just the way our XC market behaves the last month because of the small volume, we r fairly stable generally speaking, I believe a small pump and then dump again due to blocknet is to be expected. Or maybe not, because it involves other coins/communities as well... who knows
