Beware of people yelling crash or collapse!! They want ur cheap coins!!

[GreenDude]

BEWARE

There is people yelling sell or crash and setting big sell orders.. in the moment people go under those levels they buy everything. Don't let them steal your coins. I've seen that happen more than 20 times the last 48 hours. They are fishing under 0.00008 levels. Don't let them take your coins. Launch date is on 5 days and they want more coins before that day. Don't panic. There is people with thousand of BTC invested here. This is not gonna crash or collapse.

Use your brain and don't panic.

If you sell later don't cry.

[Ezravdb]

BUMP

[Bionic]

however, the absurd spike from a couple days ago i think has people - justifiably - concerned about what this market is going to do next. 

[Damelon]

There is no reason to be alarmed, even if prices drop to 0.00003 (or lower).
We're só in the beginning stages, and Nxt has so much to offer that price at this moment doesn't really matter.

Enjoy the ride, but don't take it too seriously at this point.

[BitDred]

There is no reason to be alarmed, even if prices drop to 0.00003 (or lower).
We're só in the beginning stages, and Nxt has so much to offer that price at this moment doesn't really matter.

Enjoy the ride, but don't take it too seriously at this point.

I guess this would depend on how where you bought NXT. If you bought it near its peak and you just lost 50% of your money, then I would be a little more panicky.

I bet the OP bought at a high price and is panicked right now. Lucky for me I sold at the peak and just sitting back right now. 

[melindahug]

BEWARE

There is people yelling sell or crash and setting big sell orders.. in the moment people go under those levels they buy everything. Don't let them steal your coins. I've seen that happen more than 20 times the last 48 hours. They are fishing under 0.00008 levels. Don't let them take your coins. Launch date is on 5 days and they want more coins before that day. Don't panic. There is people with thousand of BTC invested here. This is not gonna crash or collapse.

Use your brain and don't panic.

If you sell later don't cry.

Its going lower. 

The high price spike has caused large coin holders to hold. They will not start selling until they start to feel like their investment maybe threatened.  Right now there is not going to be a reason for many more buyers to come in. The launch has already basically happened.  Until there are new features added that work and the overall code actually works, I don't think we will see much more buying pressure. And since this could take weeks, I expect the price will continue to fall.  It probably goes back to .000003 or lower.

[Shin]

There is no reason to be alarmed, even if prices drop to 0.00003 (or lower).
We're só in the beginning stages, and Nxt has so much to offer that price at this moment doesn't really matter.

Enjoy the ride, but don't take it too seriously at this point.

I guess this would depend on how where you bought NXT. If you bought it near its peak and you just lost 50% of your money, then I would be a little more panicky.

I bet the OP bought at a high price and is panicked right now. Lucky for me I sold at the peak and just sitting back right now. 

I am one of the people who've bought Nextcoins when it was 0.09 mBTC each. Now it's almost halved. I too have some concerns, but.. maybe I am just uptight and taking this all too seriously. I hope that all Nextcoin owners (despite the purchase price) will be in much more profits later on

[TwinWinNerD]

If you guys beleive in the longterm success of this curency, why wonder if you should sell now? Or wonder at all about the price AFTER you bought?

You are in for the long run, and if it takes off the price will skyrocket compared to todays prices, so sit still and read about bitcoin prices some time after its start :p

[Damelon]

I don't believe many people understand that the large wallet at this moment actually CANNOT sell.

The market volume is way to small to be able to withstand an influx of hundred of millions of NXT.

If there is a sure way to utterly destroy the coin before it even has started, it would be for a big stakeholder to sell off all his NXT.

They are locked out of the market and basically cannot cash out at the moment (something that a lot of people seem to think they should do).

The only way to distribute NXT for them is either to sell slowly or find ways (eg. bounties, small giveaways, sales outside GDEX etc) to get rid of their stakes.

[windjc]

I don't believe many people understand that the large wallet at this moment actually CANNOT sell.

The market volume is way to small to be able to withstand an influx of hundred of millions of NXT.

If there is a sure way to utterly destroy the coin before it even has started, it would be for a big stakeholder to sell off all his NXT.

They are locked out of the market and basically cannot cash out at the moment (something that a lot of people seem to think they should do).

The only way to distribute NXT for them is either to sell slowly or find ways (eg. bounties, small giveaways, sales outside GDEX etc) to get rid of their stakes.

A couple have already cashed out.  And crashing the market would be a good thing.

[GreenDude]

It's going up again.. i warned.. but some people sell low.. and later they cry. I just dont like all this manipulation to make some small investors sell low and the daytraders and bigger investors buy low. Ofc there is gonna be some turbulences because this is the start of the coin.. but it's gonna be much higher than this for sure.

[Panama1]

The main problem, that there were too big price jump, which forming heads and shoulders. It's classic move, that leads to bigger price fall as it was before. All big sharks know this classic chart moves for many years and nobody wants to loose his investment, so selloff is common and natural thing. Price will fall to 0.01 usd level.

[Damelon]

The main problem, that there were too big price jump, which forming heads and shoulders. It's classic move, that leads to bigger price fall as it was before. All big sharks know this classic chart moves for many years and nobody wants to loose his investment, so selloff is common and natural thing. Price will fall to 0.01 usd level.

You are probably right.
So, what's your point?
You make it sound like that's a bad thing.

[dzarmush]

The main problem, that there were too big price jump, which forming heads and shoulders. It's classic move, that leads to bigger price fall as it was before. All big sharks know this classic chart moves for many years and nobody wants to loose his investment, so selloff is common and natural thing. Price will fall to 0.01 usd level.

You are probably right.
So, what's your point?
You make it sound like that's a bad thing.

He was banned for trolling

[Damelon]

It's not the first time I've been caught talking to myself