Quote Originally Posted by Jazzi View Post
Yes recently some smart traders have started undercutting by staggering 50%. If that person is followed by 1-2 similarly minded individuals the price suddenly becomes 10% of what it was.

P.S. The bar has now moved visibly. It is at 5%-10% now. This required 4 days. So if it is 10% we would need a total of 40 days for a 24 hours event. If it is 5%.... 80 days.
Yes but even when the brilliant ones of the generation do destroy prices, people will become impatient to wait 40-80 days and this is a good thing. It means they will be willing to pay more, so the cycle will repeat until people get what they want.