It would be easier if the small fish gather against ugly whales like him. Why does most of you follow their lead?
It's a shame...
You want to see what happens when you turn your backs on the whales? Go check out Cloak. That's a solid coin that is now fucked permanently. They arrogantly thought they had such amazingly strong fundamentals that people would be falling over each other throwing money at the bagholders who are now just waiting to dump above 100K so they can get out with only losing half their money as opposed to 3 quarters of it. They proclaimed they didn't need the whales and the whales dumped them and left them for dead.
Now they are all running around their thread asking 'what the fuck happened? that's it i'm out of crypto this is bullshit!'
If you want to pick a fight with big money then go right ahead - but remember that you don't speak for the rest of us who recognize the power and contribution IE has on the markets he invests in. If IE wants a coin to go up - it goes up. If IE has had enough he sells and others follow suit - it goes down.
There isn't a coin out there that will go anywhere without the backing of Bitcoin whales. If you want to make anything in this game then you need to learn to submit to their power and allow them to do what they do. Once you understand and accept this fact you will stop being a bagholder and start making a substantial profit on each investment with very little risk as long as you don't get too greedy or succumb to crazy ideas like 'OMG its going to $50 a coin!' - that is not ever gonna happen. But $2 a coin is almost certain given the right overall market confidence, the release of highly positive news on a regular basis, strong social media and news media exposure.
IE sees potential in this coin and wants it above 200K and by god it WILL go above 200K. I don't give a damn how others feel about IE and any activities he has been involved in in the past - all that matters is he is here and supporting Xcloudcoin for the long haul - he has said himself this isn't just an 'in and out' for him and I believe him. It is in his best interest financially to devote his skills to this coin as it has the potential to go very, very high over the space of a month or two.
Coins that have already seen 1000% increases are the ones the whales pop into, pump n dump, walk away. For coins that have not seen the 1000% pump and are horribly cheap and underexposed it is far more profitable for them to invest, build up the support and awareness for the coin, get it up towards a theoretical maximum price in relation to the price of other coins, then start making waves up and down to make money.
Greed will drive the price of this coin up - its the only thing that causes coins to go up 1000% in a couple of weeks. Everyone wants a piece of the pie - some buy in 500% above initial price and are content doubling or tripling their money. People like us buy in somewhere between 0-300% and will at least triple, more likely quadruple our money within a few weeks - less if the Alt coin confidence comes back.
Long story short - Chill out. If you're buying in now you have nothing to fear. Every whale out there will be looking to take this coin over 200K and that's exactly what will happen. Don't piss them off or try and be a clever dick and work against them and you will make a very tidy increase in your portfolio value ;-) Even when we pass 200K the volatility will be such that any day trader worth his salt will be able to greatly increase their amount of CLD or BTC depending on your aims. This is the period where we all remove our coins and hold and allow the greed of others to do the rest.
