Why buy DBC

There is still a chance for people on the verge to jump on board before the moon mission begins.

To understand why DBC will moon, you have to first understand sell walls. Here is an abriged version of an explenation from a reddit user.

>inb4 go back to plebbit

It's a quality post.

>A sell wall is a tool used by a rich individual,or group of rich individuals, to manipulate the price of a stock downwards. A large sell order is set at a specific price by the whale(s) to prevent higher sell orders from executing.

>Richard and his friends decide that it's a good idea [to put up a sell wall]. They all want 1 million of X cryptocurrency. Unfortunately, in the cryptocurrency market Richard and his friends can't execute all the buy orders at once or the prices will skyrocket!

>To achieve 1 million obtained goal, they decide to set up a sell wall, and manipulate the price downwards.

>They do this in steps:

>They accumulate together. They will maybe get 250,000 of X crypto each. In their specific market, this didn't affect the price that much. Great!

>They now set a specific price they feel is low enough for them to be able to reach their 1m X crypto goal. For this particular crypto they decide to all sell their obtained crypto at $2.40.

>Now, between Richard and the group, there is >1 million dollars worth of X crypto selling for @2.40 on the market, a seemingly undervalued price.There is SO much volume being sold now, buying pressure cannot eat through that wall in a reasonable time frame - it would take a very high buying pressure to do so.

>What also happens next is the key: nobody else can sell above that sell wall price until it's gone. The result? People need to sell lower than the sell wall in order to liquefy their stock. This drives the price downwards.

>Richard and his friends can now safey all get to their 1m X crypto mark without raising the price exponentially! When they decide to rid their sell walls the price moves up accordingly!

Other urls found in this thread:

yicaiglobal.com/news/ai-blockchain-project-deepbrain-secures-usd492-million-its-first-financing-round
kucoin.com/#/
twitter.com/SFWRedditImages

cont.

This is what happened with REQ and VeChain:

>For those that don't know, about a month ago vechain was sitting around 29 cents. They had a pretty large announcement that was, yes, front page of reddit. The price nearly doubled to 70 cents (it actually happened right before the announcement).

>VECHAIN has had a lot of new partnerships, announcements, and generally great news to propel the crypto further, but has been held back by these sells walls constantly. Just recently buying pressure has been very high and the whales have been having trouble controlling it they way they would like.

And on how to take advantage of a sell wall:

>Look for great projects and determine if they solve a need. Look to see what's hitting the media's spot light, such as the front page here. THEN take a look at the depth charts on the exchanges. When you see these obvious sell walls, you want to investigate and try to identify any trends.

>Perhaps you can look at volume of a cryptocurrency. A stagnant crypto with LOTS of volume is a huge indicator, sideways consolidation. Ripple did this for a few weeks, even months at certain stages.

>Once you find one that looks good - you'll need to hold at the mercy of the whales. Trust me, they want profit more than you do. The wait is almost always worth it because price will rise very rapidly once selling pressure is completely abolished.

3/3

You know those suckerfishes that attach themselves to a much larger fish in order to feed on the crumbs around its host? Well, this is what you have to do when you spot a sell wall. When a whale - who is much more successful in trading than you - uses this strategy in order to accumulate much more of a given crypto, you know it is time for you to follow.

DBC has been stagnating due to some very serious walls, see pic related. Meaning, i) the price has been surpressed and ii) there is still time to move in before the whales lift up their barriers and let the price rise rapidly.

Come, user. Your lambo awaits.

does this look like a sell wall to you?

Thanks bro! Im holding req and dbc of course

Look at the ETH pairing.

Okay so what happens when it jumps on Huobi? Wouldn’t the volume just give them a nice big fuck you?

I see your point, thanks for the explanation. I see your point especially if your in it for the long run.

This might be an obvious question but how would you identify a not superficially low price?
Probably behind the sell walls but there are multiple so behind which one is it?

That is a single person's buywall on $0.12. As people can still sell at $0.13 for ETH, that has no relevance to the market price.

Solid idea & tech + low marketcap + trustworthy team + ongoing discussion about it + sell wall = a ticket to the moon

Yes but the point being get in now.