Oh well... ICN will just keep rising until the rescheduled launch date in early 2017
Exactly... the price will just keep rising since the launch anticipation will only keep getting bigger & bigger
ICN is back up again in the 30k's
Sorry for the dumpers who dumped in the 20k's
there is no buy support to hold 30K price, maybe when iconomi announces revised date for platform launch. the point is with cancellation of launch, there is effectively NO NEWS. so all the price hike doesn't make much sense.
This guy who dumped 360k has at least 110 BTC in his Kraken account waiting to buy back in now.
https://etherscan.io/token/ICONOMI?a=0x170c8e0ec988ff96e19ec1553b289d21b2024f6cHe's probably a clever trader, so I bet he buys in small chunks instead of risking starting a rally by putting up one big buy wall.
I love the free market, so I must say I prefer crypto market instead of traditional markets with regulators trying to prevent "insider trading". It's literally impossible to regulate a market to the point where every participant trades with the exact same information.
Imagine a big shareholder decides to hold his shares and not make any trades at all because he has inside information that the price will likely pump in a few months. That could also be considered insider trading, but it's impossible to prove because the guy didn't make any trades. That's why I think trying to prevent "insider trading" and sending martha stewart to jail are often pointless exercises.
