I'm looking on it from a side and it just looks like someone is dumping premine ^^
You said it bro.
I'll just say that
Total Mined EAC volume : Pre-Mined EAC volume = 2 : 1But I was explained here that premine is not a problem; someone owning 33% stake and the rest of us having no idea what's done with it - is just fine.
The way I see it, no miner would ever dump at these prices.
You severely underestimate the power that uncertainty, doubt, and fear can have over a person.
Why wouldnt a miner dump if the price is free falling, they can always buy back in if things turn around.
I think you misinterpreted my statement. I was saying that fear will make a miner dump, even at a ridiculous price.
Yes a smart miner will dump now, even at this price, why? because 130 is better than 80, even a moron can see that. A little is better than next to nothing. I made a smart decision to dump between 210 and 245, because even as painful as it was to dump 20 days of mining at that unprofitable price, I knew it was only down from there. I was a smart miner to make that decision, I was a stupid miner to hold when it hung at 525 on coinedup for a number of days. A bird in hand is better than two in her bush, or something like that. If you are a miner today, you will hate yourself for not selling at 130 today because , mark my words, 12 hours from now 130 will seem like a great price. Don't believe me, watch.
