People who may want to push this down the road are just letting it sleep for now. Just not enough buy pressure from anyone else at the moment. Have to wait for next push down the road. It will come for BSD. Good coin for many reasons, not the least of which is people who want to raise the price.
There IS big buy pressure! I have bought 25000 BSD personally. Other anonymous bittrex users have bought at least 10x that amount, in the last 10 days. You planed, even started lifting off. Until about 18 hrs ago when someone decided to go on a selling rampage. Doesn't seem like "not enough buy pressure" to me.
Ok, where is it then? Price is not rising. Lots of money at levels this will not dump to is not pressure, it is show. If there was pressure, the price would be rising. I am not being negative, just realistic. These coins go in cycles. Lots of profit made on this one already. It is just taking a breather! It will start again when the time comes.
It is because nobody is willing to give up their BSD for a lower price! We fought hard for it.
Look at the sell order list. It is extremely scarce up until around .000075.
Who would want to run that up?
I am telling you: .000075 you think is high? Screw that, pardon, but no. .2 is high. .5 is high. .05 even may be high. But .000075? Like a miniscule dot along the x-axis of the market chart 4 years out from now, in my eyes.
I have some with which I am running an mn. I have some with which I am willing to sell for a lower price than I bought, but not a lot. That is all I personally have purchased. All the rest is others. We are strong. People, don't be fooled into immediately selling!
Place sell orders for others and myself to fill if you really want out.
