So how exactly the ICN whale is playing the game?
Easy, as the main pair is ICN BTC on kraken, each time BTC rises, the whales bots refreshes and adapt their orders based on the increment of btc vs fiat.
As more the BTC rises, the lower the ICN goes
There is no whale its just that noone wants to buy a coin that the devs cant give an answer as to what the fuck it does
>>3056936
Price of banana $1
Price of oranges 0.5 banana
Price of banana rises to $2
Price of oranges falls to 0.25 banana
??? ???
ICN BTC drops like a stone but ICN EUR had remained stagnant
>>3056936
Yeah it's obvious that people are tempted to get the hell out of alts when bitcoin price is going up. its a tricky one. I'm too greedy to just keep it there sitting