Reddit Posts
Where would be the best place for a newbie like me to learn more about trading crypto? 🥺
■Evrmore / Ravencoin ($EVR / $RVN | #RVN / #EVR) Dual-Chain Hybrid-Token Augmented Reality Game■
What tools do you use to help you with crypto? (hardware wallets, software, etc)
What tools do you use to help you with crypto? (hardware wallets, software, etc)
Binance Pool Launches Ravencoin (RVN) Mining Pool Following ETH Move to PoS, Price Jumps 12%
Hot wallet that supports most altcoins?
RVN Zil Mining update and talking about Flux Mining loyalty rewards
Ethereum (ETH) Merge Update Activated: Everything You Should Know About ETH Proof-of-Stake
Who is mining ETHW (POW version)? Why or why not?
Winter is Coming for Crypto Mining
10x RVN Hashrate in 10 days and still going up. Has such a rapid rise ever happened before?
Interest in Ravencoin explodes as Ethereum miners flock to mine RVN
Ravencoin Crypto Price Prediction – Will RVN Coin Reach $0.076?
Ethereum Proof-of-Stake Merger Implications on Other Cryptocurrencies Hypothesis
Binance suspends Ravencoin withdrawals
It's becoming clear that after the Merge RVN is going to fly! The Hash rate has doubled this week and so has the price. For GPU mining to continue a POW coin price is going to have to sky rocket to support the network hashrate increases. RVN to a $1 solves this while only creating a 10B network
What's the relationship between hashrates and price action?
What coins will benefit most from the hashrate migration from ETH?
Great day for RVN. Where do you think I will go?
This Friday's heatmap is looking green all the way. LUNA (+232%), LUNC (+81%) and RVN (+60%) showed the most active growth this week, and NEXO (-12%), 1INCH (-10%) and SNX (-7%) dropped down more than others. The global crypto market cap is $1.04T.
This Friday's heatmap is looking green all the way. LUNA (+232%), LUNC (+81%) and RVN (+60%) showed the most active growth this week, and NEXO (-12%), 1INCH (-10%) and SNX (-7%) dropped down more than others. The global crypto market cap is $1.04T.
After the merge, where will the miners go?
New coin for ETH miners after the merge?
I keep seeing ppl talk about adding hashrate being good for alts, it's not.
ETH going PoS isn't a positive for minables alts, it's the opposite.
After the ETH merge, should the miners move to Vertcoin(VTC) or Ravencoin(RVN)?
Passive Income 3: Reflections and mining... oh and Brave Browser
Just a reminder of which blockchains are owned by VCs and insiders and which are not..
Check these coins (not a joke) I expect them to go up in the next weeks!
Check these coins (not a joke) I expect them to go up in the next weeks because ETH merge!
Ethereum POS merge and GPU prices
Revain Finance Fair Launching in 1H on BSC network - Ex-banking Devs - KYC Team - Four Dimensional Revolutionary Lottery Coin - Smart Staking Featured - Giveaway Contests Ongoing
Is this a good mining rig for future 2-3years?
What are going to be the next coins to be mined the most?
FLUX - RVN - ERGO - FIRO - ETC ; How does the "Tech" / "Community" / "Project" / "Development" compare ?
How much money does it really require to make a passive income with crypto?
How much money does it really require to make a passive income with crypto?
Lost my metamask wallet yesterday filled with memecoins and 2FA app, having lost 2FA access to Kraken, their customer support helped me get access to my account. Now I'm in love with their customer service!
AMD BC-160 (6X Rig) Mining ETH, RVN, Ergo, and Flux
First Raven block reward halving has just happened
I read through (and broke down) Ravencoin’s Whitepaper so you didn’t have to!
Ravencoin halving will occur in less than 24 hours, what comes next for miners?
RVNs First Halving in 1 day and 10 hours!
Ravencoin (RVN) Rallies Ahead of its Halving Event Later this Month
Ravencoin (RVN) is up 21% at the moment, rising before the halving takes place in roughly 6 days at block 2100000.
Why ETH miners will have little choice cnce Ethereum 2.0 launches with PoS
Looking for a pump? RavenCoin ($RVN) is halving in January 2022
Would Ethereum shifting to a PoS mechanism affect the pricing for the remaining PoW coins?
Miners who joined in 2021? Do you have any regrets doing so? Are you planning to continue in 2022 or will sell your rigs and invest directly?
Next big mining coin - could RVN and ERG be overshadowed?
🚨🦧Examining the case for the new POW go to coin after ETH goes POS🦧🚨 RVN, ERG & More 🤓
Ravencoin official twitter account: "Just found out Solana is closed source"
What coin is in your bag that you feel is super undervalued / underrated.
Swapping coins from outside exchanges
If you've never heard of Ravencoin (RVN) or want to learn more about the project check out this post!
For the first time since 2017 I took profit!
Is there peaple following just in pump or they all dump to after ? Cuz if we keep them we can proof that bitcoin is not the only one potential (in facts is the only one to have more than 5 possibilities to die... And make all crypto untreated) , and stop the big drop in altos.
Bezinga coins with gainz Sorry DOGE
WTF just happened, i had my money in RVN and ONE, for some reason i just put a sell order i the night before sleeping.
Ravencoin is Genius Tech! Every time an asset is made, 500RVN are burned permanently taking it out of circulation increasing the value of existent coins over time.
Mentions
Ravencoin, a direct fork of BTC. They say the name came after the game of Thrones sage. RVN was intended to be mined on normal Computers to force the decentralization. Thats why I love RVN.
My one shining moment of glory was when I sold most of my RVN at 0.07 on 9/14, I had accumulated a lot of it in the 6 months prior by mining ETH and trading for it, made enough profit on that one trade to cover all the losses on my other shitty trades, lol. When something goes up 4x, you'd be a fool not to sell at least some of it. Of course, I didn't sell ALL my RVN because the little voice in the back of your head says "what if it keeps going up", but selling SOME is always prudent.
I've got 3 in the green... ETC, ZANO, and DOGE. Slightly red on RVN, Very red on BTC and ERGO. Those are mostly functions of when I bought / mined those coins though; I bought BTC in January of 2022 and mined the ERGO when it was near it's peak. I mined RVN while it was at it's peak as well, and kept mining when it hit lows, and unloaded most of it at 0.07 pre-merge so I'm only down a net like 15% on it based on the RVN I kept. If I had sold it all I'd have been up like 15%.
Probably RVN since otherwise I've been a BTC and ETH maxi
These are pretty funny What yall got on RVN?
**Ahem, Cough, Cough** LTC, RVN, DCR, DASH
I pulled a big brain tax move this past year; mined RVN through 2021, didn't sell at the peak, and paid 2021 taxes on 50k RVN @ $0.10. When it hit $0.019 in 2022, I bought another 50k, and when it hit $0.07, I sold 50k of them. On my 2022 taxes, I'm going to claim a loss for this sale, because I sold the 50k RVN at the cost basis of $0.10, and I'm still holding the 50k I bought at the 0.019 cost basis. So I get to bring my average purchase price down by 50%, and claim capital losses in 2022. Means RVN just has to get over $0.05 for it to be profitable for me to sell now. Much better than being down 80%+.
RVN and ERGO 15% y 12% of volatility per day is enough for me.
Why is Ravencoin RVN pumping?
Mine was ZCL in 2016 built a gaming pc and a friend told me I could mine with it. Started mining it then moved to RVN and ETH
There are $BIFI (Beefy - kinda cow coin) and $RVN (Ravencoin - bird?), just sayin
RVN, ERG, Evrmore, Zano, and ETC are my moonbag, and at this point make up half the total remaining value I have in crypto. Rest is BTC. Lets go.
RVN is a coin to have an eye on. Its idea os good. Real usecases exist. Its 100% decentralized like BTC. No Cex involved. No shoot up, but maybe worth it.
VTC has been dead for a long time. It's only really used by a small minority of cryptocurrency miners who use GPUs and don't want to mine (or can't mine) ETC, RVN or ERG.
XTZ (Tezos) has a thriving NTF scene with great artists. Ravencoin (RVN) is still a popular coin to mine even though its price has collapsed. Harmony ONE is dead man walking. Since I have had the most luck selling NFTs on Tezos I might concentrate on this blockchain.
If you mine RVN you'll burn up your card really fast, but it will generate heat
I'm so glad I sold 75% of my crypto holdings (ETH and RVN) RIGHT before the merge. ETH was at 1800, RVN was at 0.07, and I was firmly in the green on both. I'm still looking at $5,000 in paper losses on my BTC and remaining RVN stack, but oh man it could have been so much worse. At this point I'm just considering exiting crypto altogether; realizing those losses next year would allow me to sell my GPU mining rig (capital gains on sales of property would offset capital losses on the assets) for what I can get for it, and I'd end up a few thousand up from where I started in 2021. Not rich, but I didn't lose my shirt, and for that I'd be happy.
RVN, ERG, FLUX, ETC, and NEOX. Miners gonna mine. It’s only a matter of time.
Invest in RVN, ERG, FLUX, ETC, and NEOX. I would do it at about 30%, 30%, 20%, 15%, and 5% respectively. Miners gonna mine. Something will take over the GPU PoW mantle from ETH. Chances are good that it is one of these 5, especially RVN and ERG. All 5 should see some big gains during the first couple of months of a bullrun, although it is questionable if they will maintain momentum after that. Either way, if you don’t want to play it safe then this is the way that makes the most sense from a miner’s perspective and probably holds the least risk from a fundamentals perspective.
Ya but only because there aren’t many other options for those with less power than a data center. Not to say there aren’t alternatives at all, I just think the focus on RVN is mostly due to accessibility for the average miner versus some kind of real competitive advantage
I'm not a miner but miners seem to like RVN.
I dumped 75% of my crypto immediately prior to the ETH merge, since I was heavily invested in GPU altcoins (RVN mostly). I already took profit. Whenever a coin you hold goes up 4x in a few days, sell most of it!
Lol I'm not holding the bag through this winter. I was mostly invested in GPU moneable altcoins and ETH, and had been mining and DCAing all year. When the ETH merge happened, I had the chance to sell at break even, and took it. Dumped 75% of my crypto, all of my ETH and most of my RVN. I held some in case it fully recovered, but I took out the principle I had invested when I had the change. Now I'm down only 5k from what I could have had instead of 20k.
Ravencoin is down to 2 cents. It is not a shit coin. It has its own blockchain. It is popular with miners, but it is not profitable to mine it now. Anyway, I might amass even more RVN because at 2 cents it only needs to reach 10 cents to 5X your money. It will never go to 0 as long as somebody is mining it.
Has anybody an opinion about RVN? They are here for long now and seem to have good projects. Similar to BSC. But thete s no hype around ever.
Ravencoin RVN is stuck at 2 cents but can climb to 13 cents during a bull run. So you can easily amass a stack and 5X your money. The only problem with Ravencoin is that it does not support smart contracts, only assets, so it is only slightly useful for anything.
They had enough time to prepare. They still could and can move elsewhere. ETC and RVN got a lot of hashpower.
Yep, 95% of crypto is centralized. Any coin that had an ICO/pre-mine or a pre-allocation is centralized. Plus there are cryptos that are owned by centralized companies and groups. The only decentralized coins are: BTC, DOGE. Litecoin, Monero, RVN, Kaspa, and a few smaller coins. This is the hardest to swallow pill crypto bros will have to take.
Depending on the coin not really. Like Matic and BNB fees are within cents or less. Then you have layer 2. RVN almost always has had low fees. And so on.
The bigger PoW coins, that can't be minted in arbitrary amounts out of thin air, like all the tokens on ERC20/BEP20/PLG20. So take a look at LTC, DGB, RVN, FIRO, KMD, ARRR.
Not the first time this happens, and for sure not the last time. I guess the only "solution" to this problem is to completely stay away from any tokens that can be minted... and i fear this applies to almost all tokens that exist... so back to real coins on real blockchains that can't be minted like this... BTC, LTC, DGB, RVN, FIRO, KMD and so on...
Find me one that allows me to trade RVN and has any sort of volume that is worth trading on and I would be sure to check it out.
Not enough BTC. Dump the LRC/ATOM/LTC/RVN/NANO into BTC.
Critique my portfolio + tell me some of your fav projects My portfolio is composed as follows: ETH 55%, LRC 15%, BTC 10%, CRO 10%, ATOM 5% + LTC, RVN, NANO (from mining) 5%. CRO and ETH were my top 2 but CRO is getting railed right now. I am just planning on holding for a while. Let me know what you think! I also plan on DCAing and buying into other projects so tell me your favorites below and why.
Ravencoin has a very dedicated community. Ravencoin will never be a “used” blockchain and in my opinion is not a good long term investment. The value of RVN is more in the community than the use of the blockchain.
RVN or ERGO the better blockchain?
tldr; Ravencoin (RVN) jumped 20% after Binance Pool announced it would charge a 1% mining fee for the proof-of-work (PoW) coin. Ravencoin’s mining hash rate has declined since it peaked at 17.5963 TH/s on September 22. However, the recent announcement appeared to have had a positive effect on the hashrate. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
>Ravencoin will never be a relevant blockchain. > >Ravencoin has a very dedicated group of miners that do a lot of community out reach. A lot of the value of RVN is directly due to the community. So the Ravencoin community is delusional is what you're saying
tldr; Binance has announced the launch of the Ravencoin mining pool on its exchange. Ravencoin is a peer-to-peer electronic system for the creation and transfer of assets that aims to implement a use-case-specific blockchain. It is built on a fork of the Bitcoin code and uses the KawPow mining algorithm. The price of Ravencoin (RVN) has pumped by 12% since the announcement. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
What is the purpose of RVN though.
Ravencoin will never be a relevant blockchain. Ravencoin has a very dedicated group of miners that do a lot of community out reach. A lot of the value of RVN is directly due to the community.
They are currently the 25th largest RVN mining pool. Why would a miner just jump to Binance? I hope it doesn't happen.
Source for this? Was this 4.3 million erg just Developers mining early? I cannot find anything on what you're talking about? Ergo had no pre mine. My issue with RVN is its just a fork of bitcoin and doesnt accomplish much of anything except being another Asic resistant GPU mineable coin. Its just bitcoin with tokens.
Except that it has a 4.3 million ERG developer kickback which opens it up to the same regulations that the SEC will try and probably successfully throw at ETH. Don’t get me wrong, I have a quite large bag of it as a parlay, just like I have a bag of FLUX, NEOX, and ETC. but I truly think that, unless that 4.3 million ERG set out in the white paper and controlled solely by devs is completely burned, ERG is going to fail to gain traction in the coming regulation. You don’t get to have it both ways. You can’t embody the founding principles of BTC and decentralization while still having the 4.3 million ERG developer controlled fund. It is the very definition of centralized. For better or worse, I will continue to hold RVN as the last of the ASIC resistant GPU-minables that has zero premine, zero ICO, zero developer kickbacks, zero airdrops, zero centralization, and zero compromises on the full embracing of the fundamentals.
I would have about 100k in RVN, 120k in ETH and 1.6M in BTC. Rounded of course ( 50k RVN, 10 ETH and 1 BTC.) I would have to be smart about it but that could turn into set for life pretty quickly. Would be a 20% down payment on a house in the 200-300k range (40-60k.) Then I would probably take 10-20k for fun and invest the rest into dividend stocks and ETFs. If I couldn't live off the dividends I would probably just work part time to keep even things out.
Because you’re not a trader. Traders have to use CEXs for a lot of coins. It’s as easy as that. I keep my RVN on Binance because it’s the only place I can trade it.
Trustwallet supports all of these you mentioned, but many have told you about Metamask, just take in mind that Metamask only supports EVM networks, so you won't be able to add RVN for example, but Rose can be bridge to the Oasis EVM chain.
Hot wallet that supports most altcoins? Looking for advice on hot wallets (if any) which support a wide number of altcoins. I'm particularly, I'm interested in a wallet that supports $CKB, $ROSE and $RVN, with the addition of $LUNC being a bonus (though the first three are my priority). Not sure if there's anything out there? SafePal? Don't love having multiple wallets. If I could get it down to one, great, but if I had to hold everything across two, I could live with that too. But right now I've 5 wallets which I don't love. Thanks in advance!
I mean, self custody is ONLY for those who want to set it and forget it. Anyone who wants to trade has few options. For example, I am a big believer in RVN. RVN is not available on DEXs. I use Binance as its the most trustworthy of the exchanges that actually support a RVN / USD pair. That said, I'm also not dumb enough to think CZ is trustworthy, but I'm willing to gamble.
No RVN? I have a bunch of RVN
The most important thing is to get full decentralized, so no more CEXs. This eliminates a vast majority of scams. Another thing would be to not buy any tokens that can be minted in arbitrary amounts. Buy real coins instead, like BTC, LTC, DGB, RVN, ZEC, KMD. Use this list to choose from: https://coinmarketcap.com/view/mineable/
lol... this are crappy tokens, those can be minted in arbitrary amounts by at least the creator... and by hackers... this can't happen with real coins (BTC, LTC, DGB, RVN, KMD, ...), those can only be mined following strict rules best is to stay away from all tokens that have the mint function enabled in their contract... which i fear will be most of them
Only valid for tokens. Real coins, LTC, DGB, RVN, KMD and so on don't have this problem, the withdraw fees are almost 0. I would anyway drastically reduce the number of tokens in my portfolio. Those can be minted in arbitrary amounts at any time by the creator of the contract = unlimited supply.
Look at last cycle: Begin with 1 k: buy RVN in 01/19, sell in 4/19: 4k Buyb btc in 4/19, sell in 6/19: 4kx 3= 12k Buy buy btc in 12/19, sell in 11/20, 12k x 2,5 = 30 k Buy Doge in 11/20, sell in 1/21 30k x 10 = 300 k Buy Shiba in 1/21, sell in 2/21, 300k x10= 3000k =3 m Buy RVN in 2/21, sell in 3/21, 3m x 6 = 18m Buy Shiba ...... Yes, sure that’s possible! If you only knew the times of rising in FRONT.
Ergo if you want to bet on POW, maybe RVN. Atom/ALGO if you want airdrops and an easy and solid APY BTC ETH IF you wanna be safe Itd be silly not to say MATIC and DOT as well And dont get me started on the real shitcoins
I will hold until I have enough money to pay off my mortgage. This would have to be from just one of my stacks, like RVN or DOGE. I'm not selling everything. Currently I am getting into NFTs. I was going to shoot for one whole ETH but now I will wait for the bear market to return. The Fed might crush the economy with another high interest rate hike.
If anything use Nicehash or Betterhash to mine RVN or convert to Algo on the dash with nice hash
I plan to sell my DOGE or RVN when it will be enough to pay off my mortgage. Fortunately that is not a lot of money. My next financial goal will be to pay off credit card debt or my personal loan. Really, my mortgage should not be a priority because the interest rate is lower than my other debt.
I also think RVN might be a silent killer in the future... It will gain cult status and ride under popular radar for fifteen twenty years, keeping in the shadow of the Giants that battle for power and dominance. Then it will explode and become a household commodity from some obscure mention in a popular Disney-Owned show that draws you in with nostalgia and memory of a simpler time. A simpler time like when Bitcoin was under 20k. RVN will be the Dungeons and Dragons of the crypto world.
RVN that bag went to shit but I’m hopeful
Made sense man! During the bear market of 2018, I mined RVN instead of ETH….
I saw one of those clickbait dark web videos, decided it’s full of shit and went on the dark web. They only sold stuff with crypto, so I did some research and started mining XMR/RVN. And here I am, with a bunch of sick avatars being addicted to shitposting
Short:RVN, long term :eth, btc
I think it's a great project. I haven't seen the problems you're speaking of in the discord, but I'm usually in the market lounge channel. Good discussions. Reasonable thoughts about the direction of flux. I'm accumulating bags and will continue for the near future. I think of many of the POW coins right now, it's got more utility than something like RVN. Glad to see you asking the tough questions. Wish I had more answers, but Daniel is usually good about answering things nicely if it's not a question that is easily answered with a bit of research.
RVN has a dedicated miner community that is known for shilling. I don't see a future in that product on the consumer side.
I’ll take RVN at 4 dollars, but then thats not even a big marketcap. Omds i’m holding
I’m not greedy. I would be happy with RVN’s market cap. $4 is good enough for me.
Don’t get me wrong, it is. But I know different coins are using different measurements. Like RVN vs ETH. You get like 40% the hash
Nope. I was over invested earlier this year... I bought a bunch of mining GPUs last year and hadn't sold anything, was just holding. I was stacking RVN, by mining ETH and swapping for RVN anticipating a pre merge pump. Sold 2/3 of my crypto when RVN hit 7 cents, and ROI'd my mining rigs. While I'd like the remainder of my crypto to be worth more, if I lose it I won't be too broken up about it.
That's not how that works. Most miners were using GPUs which you wouldn't make any money on if you set them on an ASIC coin as ASIC are much more efficient. Most GPU miners tried to move to RVN,ERGO,and a few others but the diff spike has killed profits for now. ASICs that were on ETH can only mine other coins on the same Ethash algo so there goes ETC. But yeah I believe currently Noone is making money with GPUs unless they have free power.
yeah I’ll admit I was on here just a week or 2 ago praising RVN because I had switched and it was pumping. Now difficulty is through the roof and I turned off my gaming PC that has been mining ETH in the background for years. It’s cheaper to just buy the tokens. If something turns positive I’ll fire it back up. Until then I’ll just enjoy my quiet, cool office.
Get your level headed analysis out of here. ERGO and RVN 2 dA moon /s
Other Highlights: CKB for $1,528 BCH for $4,799 BSV for $2,006 ETHW for $3,041 DASH for $984 RVN for $5,628 ERG for $961
>Computer encryption analyst - 2008 - current > >Duties include researching new assets, background checks, implementing and managing new and exciting payment methods, very strict timekeeping and data management. > >Working on own initiative or as part of a very large team. What it really means. >Amateur Crypto Trader - 2008 - Current > >Duties include making sure it's not a scam and if i can make a 100x return within a few months. Scouring reddit and other questionable sources for dev updates. Trying to workout how to use their wallet or how to add it to metawallet and checking coindesk every few seconds to see if it's dropped in price or i i can afford lambo yet. Had a 3rd party website track my trades for tax reasons and i'm a loner sat in my room asking 150k people on Reddit what they think about RVN.
>Suspected hackers were reportedly able to mint 315 million RVN ‘coins,’ about 1.5% of Ravencoin’s supply cap of 21 billion tokens. The rogue actors allegedly inflated the 5,000 RVN “coinbase” per block logic baked into the Ravencoin protocol. This sounds absolutely massive problem... as RVN is a bitcoin fork I didn't think this kind of exploit was even possible.
Unstoppable Domains allows you to change the addresses (not single coin address) tied to it whenever you want, and they dont expire like ENS domains. My UD address accepts BTC, ETH, XMR, RVN and one other if I recall. Your choice, I guess.
Lucky. I'm down 20% (would have been a LOT more, but most of my holdings were RVN, and I sold 2/3 of it when it pumped above 7 cents pre-merge). Literally 75% of my losses are BTC though, I thought it was a "safe" investment earlier this year, lol.
>until a bull run comes That's what I'm banking on. Like we will have another bull run. It's just, will what I mine today will it be profitable enough by the time I sell it to justify mining it. My goal with ETHW is just a handful and then switch over. Like at worse it is a few weeks of lost mining as the entire industry is trying to figure things out. Like what I normally mine is RVN, ETC, etc if not ETH. I don't think RVN will have a massive jump. I don't see that project doing anything (unless I missed something). Like I think it will make something, but IDK if it is enough of something to justify with today's prices. ​ This is why I'm eyeing ERGO.
That is the million dollar question: What's the next gem to mine ? At this point miners are spread (RVN ERGO ETC) but seems to be indecision and many choose to sell their rigs. And is understandable that ETH merge + rising electricity price generate altmost 0 profit for miners so hard times are ahead. Anyway there is a future for mining and those who choose to stay in the market and buy cards now at good price will have a great return in the next years.
The majority of GPU miners have jumped on mainly ERG and RVN. all the ETH ASICs have jumped on ETC.
RVN I supposed. Or DOGE. XMR perhaps? As long as it's not ETH. Oh! ETHW!
Don't get fooled by the shills on this. Ravencoin is a hangover from the early days of crypto. Back then, people would make coins with the assumption that people would find a use for them in the future. In the case of RVN, it was assumed that businesses would use it for "transferring assets" using block chain technology. Asset management was already solved in the early 80's and there is no reason to have an internal system on a public block chain. It would also pose a major security threat to both parties involved. Because of this, it's actual adoption rate is 0 and has been since it's inception. It's community is angry and defensive because they brought into the hype 5 years ago and have been red bag holders ever since. Ultimately, RVN is a hobbyist token for home miners. If that's your thing, mine but sell it straight away. It will slowly decline as more and more bag holders reach their pain threshold and sell. On top of this, the mining space is slowly being taken over by ASIC miners and these guys sell straight away, further adding to RVN's continous down trend.