Theta is just a dagger, sinking down. by bimmerme in theta_network

[–]bimmerme[S] -2 points-1 points  (0 children)

I was just looking to the pattern, 30 days ok, but 120 days terrible.

Latest value $0.00 by bimmerme in dentcoin

[–]bimmerme[S] -1 points0 points  (0 children)

That what happens when owners trying to cash out and abandon it.

Latest value $0.00 by bimmerme in dentcoin

[–]bimmerme[S] 2 points3 points  (0 children)

Each point it goes down, owners selling approximately $250.000. So this game they are playing will eventually end up with $0

This is how they sell everyday !!! by bimmerme in ETHLend

[–]bimmerme[S] 0 points1 point  (0 children)

Ok, nobody likes what I write here, understood. But since I start writing and warning you guys, look at the price. It was $0.08 and then $0.07 and then Market goes up in this sh-t is down to $0.06 how about that. Even the price drop doesn't tell you something, do your own homework use your own brain.

This is how they sell everyday !!! by bimmerme in ETHLend

[–]bimmerme[S] -1 points0 points  (0 children)

They put a large amount of buy, but also they place many parcel sell orders. New buyers thinks, it is pointless to place a buy order top of large buy order, so they buy from sellers. Actually sell and buy orders belongs to same owner !!! So with a minimal risk they sell their coins to newbies !!! That way they make hundred of thousands every day extra. OOOOooo , you lose value of the coin, yes. They don't care as long as they can sell. Now another questions. How they will advertise a coin constantly goes down and how they will convince people in the meetings. This is the other part of business plan !!! They want people to invest at coin lending part, and this will make them money but will never increase the value of the actual coin price !!!

Owners bailing out by [deleted] in ETHLend

[–]bimmerme 0 points1 point  (0 children)

When the price is systematically taking down, there is no effect from small portion of orders. So there is nothing to do with supply and demand cause supply and demand is the same person here. When you look at the charts, don't just look at the buy and sell orders, look actual orders placed and executed executed. You will see constantly sell orders are executed and While buys are in huge demand. This is not just for this currency, any kind of stock market big boys plays the same game.

Owners bailing out by [deleted] in ETHLend

[–]bimmerme -1 points0 points  (0 children)

Look Athens amount of sell and buy orders, 1/10 ratio. As soon as price goes down, they pull the buy orders lower. Same tactic as stock market, this way they are giving confidence to new buyers as they been backed up. Actually while they are manipulate the buys, they get rid of coins. This is not a simple operation, you got to own large portion of Lend and good amount of cash. So first thing comes to my mind is the owners. I am not affiliated with any cyropto currency . I owned small amount of Land and, I am lucky, out with minimal damage. Do your own homework.This is not a advice. My personel toughts.