Author Topic: What is the demographic of the dumpers?  (Read 5542 times)

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Offline speedy

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I don't know for the current ones, but the dumpers before them are more intelligent than we are...

I agree hodling onto something that loses 94% of its value does make me feel dumb.

Offline liondani

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I don't know for the current ones, but the dumpers before them are more intelligent than we are...

PS for the current ones I will tell in about 1 month for sure... 

Offline btswildpig

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whales can't sell in this low depth .

The low price is a self-enforced factor that brings dumpers .

Every time the price is lower , it'll reach someone's bottom line and cause them to sell . so on so forth . That's how the bear market works .

Those who won't sell at 50% lost will sell at 70% lost ....

It's just like at the rising trend ....people will buy at 10X the original price for no reason at all .

Of course , I'm assuming there are real seller behind the sells .
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Offline speedy

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Is it Chinese whales?
Is it some delegates who get new BTS so are not selling at a loss?
Is it Adam E? (j/k)
Or is it just that everyone's annoyed by the client? (not me)
Theories?

Me personally I work full time so Ive got no time to speculate & day trade. I dont need the money so I just HODL. Im starting to think Im the only one here.

For crypto to be valuable it needs to be profitable. No other crypto project gets that. For people to dump their BTS before we get to that profitability stage seems to me to be very short sighted.