The whale in question wiped out the entire ask side of the order book up to 16 and then dumped on the bid side down to 4. No idea why someone would do this, but they ended up with a whole lot more Zeitcoin coin than they started with. If the intent was to dump and smash the price, well then they failed miserably. 
Drk doesn't pay a stake every month so there's far less reason to buy and hold.
Drk doesn't pay a stake every month so there's far less reason to buy and hold.
What do you think their intent was? What are the size, mindset and plans of the big whale-owners - those are my big questions. Dont want exposure to a coin that behaves like a POW-like, whale-dump-susceptible coin.
Hard to say what motivates another. The result of their actions was accumulation and a breakup of the logjam at mintpal. You have to understand this coin isn't built like BC and Dark. The current Zeitcoin money supply is 27,203,668,083 which is many many times the supply of BC and Dark(74.4m & 3.7m). Coins with tiny supply are easily pushed around by whales.
That's exactly what I'm trying to get a sense of - going forward, is this coin going to behave like POS coins BlackCoin and Faircoin, or is it going to behave like another pump and dump POW coin?
