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    Author Topic: SWATCoin  (Read 54867 times)
    SWTCoin (OP)
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    August 20, 2018, 01:54:21 AM
     #2001

    The Penny Traders have Met a Roadblock!

    Our Silly Penny Traders who wish to keep the price down between 0.00006 to 0.00008 WAVES seem to have met a road block!

    Check the screenshot below.

    See Yellow Arrow 1.

    You can see the several buy walls created for a transaction value of 0.00000002 WAVES each!

    See Yellow Arrow 2.

    The Fee for every transaction is 0.003  WAVES

    See Yellow Arrow 3.

    The amount of WAVES received by Penny Traders for each sell they place against the buy walls is 0.00000002 WAVES!

    So for each buy wall sold into, the loss for our Silly Penny Traders is 0.00299998 WAVES.

    So now instead of gaining pennies while pushing the price down the Silly Penny Traders will lose pennies and if the walls are 100 in number or even 1000 in number the loss will increase to 0.3 WAVES or even 3 Waves. It will start to pinch! This is really good fun! So if many good souls who are trying to help push the price up, after pushing the price up can also create these buy walls (it costs just 0.03 WAVES for 10 buy walls) the probability of the Silly Penny traders willing to lose money to push the price down is almost ZERO!

    Victory in sight for the good souls who have tried so hard to push the price of SWAT up!

    Screenshot of the Trading Screen with the Buy Walls!

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