|
Krushang
|
 |
September 02, 2014, 08:10:25 PM |
|
WTF DUMP?  I hold Most likely a multipool and/or a big miner just dumping. This is normal really. Eventually multipools wont hit and big miners, those that believe will be left. The profit only now people will be long gone like locusts to the next coin they can crash. That is why many coins are going to a PoS system after a mining period because of this. Multipools, though they have their use, tend to hurt coins more than they help. The main goal is not to mine or support the best coins, instead going after quick profits, pressing down prices. Nevertheless, as someone holding a sizable amount of these coins--and HOLDING I do mean--it's distressing. We could use a little support from that pump team that's dazzled us all numerous times already right now. Or are you really just interested in taking everyone's money? I provided price support for much of yesterday and today until my orders got eaten through. Other supporters of this coin need to step up, and they need to do it now. This coin is banging through Fib line after fib line and it needs to be stabilized. Miner dumps or no miner dumps, Labor day or not, FIBRE should not be falling this low. I don't want to have to blow the whistle, but I will if the people running this coin don't step up soon with some price support. Blow the whistle? Devs price support? Seriously, what are you talking about? You think a devs job is to throw up buy support on markets? I know exactly what I'm talking about. Do you know how this industry works? I have watched the order books from the moment this coin hit Bittrex, and they artfully change shape, pivoting on a dime to meet the needs of the pump team managing this market. This is undoubtedly the same pump team that now owns upwards of 30% of the entire supply...again. Go check the rich list. At first I respected these guys, because their work was obviously very refined, but now... It's clearly not enough that they group together blocks with wildly disproportionate rewards and then point maximum hashing power at them to accumulate out of thin air. No, then they have to remove the buy support THEY created, using the coins they STOLE to drive the price down past any reasonable retracement value, insulting the early investors who believed in what they were doing, those of us who created the liquidity necessary to make any of the pumps possible to begin with. I got in early, I believed in this coin and I still hold a lot of them, and frankly I'm pissed. This price is as low as it is because the private pump group, undoubtedly aligned with the development team, has shoved it down to the floor like a bunch of assholes. Can you imagine how much they really care about the roadmap if they're willing to do this on the first week? I'm the only guy I know who FUDs a coin I'm invested in, but that's how pissed I am. PPL will call this post baseless, and it'll be dismissed and fade away in a day or two, but the devs know I see them. I own a high profile Twitter account in the trading sphere, and I'm considering divesting and tearing these guys to pieces. We'll see how much respect they try to show their supporters once they're revealed as a bunch of greedy dickheads. The point, the takeaway here, is that the people who are benefitting the most from this coin need to support sustainable market patterns, behavior, and growth if they want to succeed in reaching their goals. Who wants to buy a coin that has a chart that looks like something that just got identified as a scam, which FIBRE's does atm? How can anybody be proud to hold this coin right now, and be motivated to evangelize on it's behalf? Where's the incentive? It's worth shit compared to what it was yesterday, and all because the inside group thinks it's fun to obliterate people's investments in their search for maximum profits. Go on Twitter. People are using words like post-apocalyptic to describe the chart atm. It didn't need to drop past 22k. Hi, if you know the markets so well you should know that every coin has dumps, nothing rises continuously, Fibre was first introduced just over two weeks ago, I personally think we ain't doing a bad job. If you have trust issue as it sounds, I suggest you move on to another coin, we are here to stay and will always be providing our community with support, as the development team, we have no inside group that controls the market for maximum profits, I actually haven't even sold one Fibre. Please join our irc #Fibre, we have nothing to hide. Krushang Dev, thanks for the response. I have to admit, as unhinged as my comments were last night you handled them this morning with style and grace. It's leadership like THIS that motivated me to invest in your project to begin with...you guys are a class act. I'd like to partially apologize for my comments from yesterday evening because, frankly, I went a bit off the deep end. I admit it, I made some wild assertions that I can't prove. That said, I know the patterns, and I would like to see a little more support from the market makers if another hard time were to surface. So, you know, if you could pass that along... Hi, No Problem, We just want to provide the community with a real coin, that people can trust. We are very transparent and only looking to do whats best for our coin and the community. I understand you want more buy support (so do we) but it will come, everything in crypto happens fast, but patience is also key. We are very committed team, that won't let the community down  Krushang |
