Daily VeChain Discussion - November 13, 2018

Yeah, no. If he wanted to dump in a hurry he would've market executed it a while ago, not watch the price plummet as he scares buyers with his massive buy wall at 170 sats. That's exactly what he wants, to scare buyers and incite panic selling so they can either accumulate more.

If you've watched the orderbooks for any crypto long enough, you'll see these fake walls disappear and a massive buy wall appears in an instant.

Someone did this with MDA the other day, price plummeted down to a support region and didn't move for days, then a 50+ btc buy wall appears, the coin skyrockets by 30+% a couple of days later.

This is how they influence the market, and it always works especially on the new guys who are susceptible to panic selling and fomo.

/r/Vechain Thread Parent