We are just about a week away from the DPOS2 ramping up to 10 and then 20 on each reward. That's four times the current stake reward.
People who are exiting now do not understand that increased DPOS2 will cause the sells to completely thin out (fewer coins on exchange) and thus the price to rise. If any whales are in this coin - and I am not convinced they are - that will be the perfect opportunity to take the price all the way up to 40 or 50 - BEFORE THE TRADING BOT IS EVEN RELEASED. New floor at forty -then release of trading bots - then release of casino.
Do a little math. Look at how this is playing out. The thread is suddenly full of late arrivals / fudders / BitBay bagholders (UnusualFacts) trying to fud people into selling - just so they can get the coins. Even Bob is playing the game, inviting people to dump into him.
You can do this. He will take your coins at 16 and sell them at 80. Why do you think he is playing this game? This is The Game.
So many people flying righteous flags about "pump" and "crypto should be this or that" .
Half of them are deluded innocents. The other are very shrewdly trying to part you from your coins.
Beware.
Don't forget the Culling. Large blocks changing hands off market and the possibility for major shakeups in distribution. I have been following the thread in the Whale Lounge and there is a lot more going on than meets the eye. I think we are going to see some pretty big volume trades and some cascading trades if some advanced deals get put out there.
Can someone in the whale lounge pls give some more info on the Culling. I am still at Trader Lounge level so don't get to see.