Despite what the price chart says, I don't think BLURT really just crashed to 0.0002 USD and then recovered to its previous price! If that had actually happened, it would be a new all-time low, sending the token price to just half of its previous all-time low. OUCH! But fortunately it just appears to be a result of Ionomy (the only exchange to list BLURT) not keeping or displaying data properly.
Ionomy (which I have never personally used) is the only exchange (other than internal markets like Hiveengine) to trade in BLURT, and the only exchange to list it. That means it's the only source of BLURT charts publicly available, and where 99% of crypto investors check things out. So they are now seeing that we just hit a new all-time low... right as the rest of the altcoin market is heating up and making new highs? That doesn't look good on us at all.
Hopefully Ionomy will fix their glitch!
Because that's what it is. The price never went anywhere near 0.0002 USD on Hiveengine. In fact, during the time period in question, there was no price change AT ALL. This looks like a data error that needs fixing, pronto. Does anyone have a contact at the exchange, or perhaps at Coingecko/Coinmarketcap?
HBAR / Hedera Hashgraph
Congrats to Mike Maloney, who has been bullish on HBAR for years! He's got to be pretty happy right now, not that he isn't already rich!
Check out Hidden Secrets of Money, probably the best frree series on money, currency, gold, silver, and crypto you will EVER see. He talked about HBAR exentisvely in this episode, many years before most people had heard of it.
Now it's in the top 20 of all cryptos! Congrats Mike.
Steem / TRON
Oh, I noticed TRON is having a moonshot today - now almost 0.3 USD each - and has done realllly well lately. It is now at a new all-time high, and has cracked into the top 10 of all cryptocurrencies by total market cap! Most people have never heard of TRON, and even fewer have ever used it for anything, but somehow it is right up there with Ethereum, Dogecoin, Cardano, and Tether?!
A couple years ago, any new TRON I earned stopped being deposited to my old Steem wallet. And today, I noticed in my wallet that my 150 TRON has been... removed from existence. There's not 0 TRON now... there's just no mention of the TRON at all. I guess it vaporized, or something?
Or maybe what's-his-face spent it on a banana?
Either way, looks like something shady has happened, and probably is still happening. That guy is scummy as fuck.
Just a few crypto price stories I'm following right now. Hang in there, I really don't think BLURT just crashed to almost zero! The bull market for all coins is really only just beginning, and most have a 6-12 month run ahead of them.
DRutter
To avoid having to reply multiple times, let me summarize everything here:
First, let’s set the context. As mentioned by @mariuszkarowski, Probit is indeed the only exchange recognized by crypto aggregators like CoinMarketCap and Coingecko.
The daily trading volume on Probit is relatively low—just a few hundred dollars—so when someone wants to sell more than 720,000 BLURT (around $2,280 at the current price, which, let’s be honest, isn’t much for a cryptocurrency), they’re left with two options: be patient or dump their coins. In this case, our Blurtian chose to dump, unlike others who’ve liquidated their accounts (not just this month) without dumping.
It’s important to note that a dump like this doesn’t reflect someone aiming to profit from a price increase (otherwise, he would have smoothed out his sale like others have done). Instead, it shows a complete abandonment of the blockchain due to lack of interest.
For me, Probit remains a logical choice, despite its lack of liquidity, as I’m convinced its fees are lower than those on Hive-Engine, especially if converting to Hive or Steem isn’t the goal.
By analyzing transfers to Probit between November and December, here's what's relevant to share:
In summary, as long as we can’t increase trading volumes, grow the number of Blurtians powering up, or attract new buyers, the price of BLURT will remain easily manipulable with just a few dollars.
And yes, @drutter, I genuinely believe that holding over 1 million BLURT qualifies you as a whale. 🐋
I can not find a free bot for trading on Probit. Could you write a simple BUY script?
Hi Marius,
I am currently working on a multilingual Blurt account creation system with referrer management and marketing campaigns (including the option to create a free account using a coupon).
For users without a coupon, they can still create an account (paid, in this case) by paying in BLURT, HIVE, or STEEM through the "join.blurt" account, which I’ve created on all three platforms.
My plan is to use this account to generate BLURT buy volume, not on Hive-Engine, which doesn’t interest me, but on Probit, as it is recognized by crypto aggregators like CoinMarketCap and CoinGecko. This will be done using a bot.
I’m currently working on the payment system and will soon move on to the bot development. I could take this opportunity to make the bot functional for your use case as well and share it on GitLab. However, I would need more details about your specific requirements and the customizable parameters you’d like.
If needed, we can continue this discussion on Matrix via DM.
i have buy/sell script in Python for now it's not trading bot but two scripts but im planning to develop it in the future
Thanks for the extra info Nalexadre, great 'post'! : ))
I hear Agorise is thinking of ways to get us listed on more exchanges, which should help things.
-- mini-whale on a mini-blockchain (but growing)
Awesome post buddy! We still have too little volume here on Blurt. I presume, that is how this happens. Congratz to a new mark! Your post is the first one that I have ever seen to hit 11 bucks!!! 🤙🍀🏆😍
Thanks mate!!
BLURT is 0.0034 tonight... still needs to do x10 before it will even be close to where it was all the time during the last bull market. We will be rewarded for patience : )
😜🤙
This has really happened and will happen several more times. The whales noticed a small increase in price, powering down and are selling their BLURT. Very interesting that they are selling on Probit where there is no liquidity
By the way, your image doesn't show whales powering down. The biggest power down there is will/comet, who is barely any bigger than I am. Those are tiny amounts of BLURT, not sure what you're even talking about right now.
they already sold millions and have to sell at least 2M more, so they are not whales?
Dunno, I guess I'm a whale then too cuz he barely held more tokens than me.
Whales powering down means more relative power for my curation efforts.
Perhaps I will buy some of the BLURT they are selling!
Whales are really powering down, and will sell tokens as the price continues to rise, but the flash-crash to zero, seen only on the Ionomy chart (which is what is reported by Coingecko/Coinmarketcap and seen by everyone) did not happen.
No, I saw it yesterday with my own eyes. There were no BLURT buy orders on the exchange, I had to place some and fix the price
ionomy got nothing to do with Coingecko/Coinmarketcap price index
You should have bought billions at that glitch price, dude! I wish I had been there with twenty bucks, I'd be rich now.
Isn't Ionomy where Coingecko/marketcap get their BLURT data?
no, probit only
I suspect it's could be attack on our image. Regular users just seeing market conditions on congecko etc. and base on that, they decide if project is worth of buying or not. Probit is also one of those attacked and ridiculed aspects of blurt among no hive users to discourage those who look in our direction, into our network.
Wow posts are getting some nice payouts now:) a lot more ppl will feel enticed to join and be consistent when making £5 + for sure good for the platform
Yes, but hopefully they don't look at my other posts which are at $2, $1, and less... even videos that took a few hours to create. So even the veterans here who put out top quality stuff on a regular basis, still can't consistently get more than a couple bucks per post. So $1 after paying the curators... not enough to entice new people to sign up unfortunately.
It’s promising tho it’s hard to put a lot of effort into a post for 30 p lol