Crave still kicking. Surprised by how deep some people dumped it yesterday but didn't flinch once haha. Still chugging away but glad the growth is a little more reasonable and not such a crazy run up. Expecting .01 soon when everyone realizes it's survived the pump (just like every other alt coin ever worth noting including btc.)
That's right - it's not that people lost interest or the coin's promises were false. They simply became scared and jumped ship. Fortunately, the ship hasn't sunk - far from it. Its back at teh same price it was 72 hours ago, about as natural a result as one could expect after such a rise in fact.
2000% percent increases are unsustainable...we all knew this would happen! Always remember the bollinger bands cause if you don't they will teach you a listen in humility! We are in a very good spot price wise imho...
I agree. This is exactly what the market looked like when I bought in first time round at 42-47,000. Down from a big pump and quiet as hell, then it levelled off....slowly the buys started to trickle in under the radar, few hundred coins here, few hundred there - then the incline began. First 50K was passed, then 60, then 70,80, 90, back to 70 and BOOM through 100,000. The paradigm shifted and it was now a new ball game. 200,000 sat soon followed, then 300,000 (remember how I said that 300,000 would be the toughest to break but once through 500K would soon follow?) - 4, 5 and up to 600,000 before two huge 70BTC orders broke through to 740,000 and then stabilised around 660,000.
Fast forward to the now - we are looking dangerously close to a break out - buy pressure building, no one wanting to dump anymore (probably because I soaked up the lot of their coins in one hit haha). It's a market ready to go up - give it a few hours - maybe half a day at most - and we will see it back above 400,000 and hopefully building a stable floor somewhere between 420,000 and 470,000.