This is what I see:
Circuits has briefly dipped below ICO price on extremely low volume on just a handful of occasions the last week. Otherwise the charts show predominantly 2 things: 1) almost everyone is holding and staking and 2) no one is dumping, and almost no one is selling. There is only accumulation happening.
This is extremely unusual for an ICO coin.
Speculation is the name of the game here, both in trading and in ruminating, so I will take a gander on the latter.
The people in the know (there are always people in the know, this is crypto) seem to be fairly certain that some of these advanced features (trading bots, escrows, etc) are going to be really well executed. They believe Circuits is going to 20 - 30 - 40 thousand. So they are sitting on their investments and accumulating more as we speak.
You and I of course do not breathe the rarified air of this inner circle. So we must look at the evidence. The devs have delivered pretty much flawlessly a first in crypto - vDPOS. Everyone - myself included - are experiencing rock solid vDPOS staking. Now the devs are working on bringing out a web based trading bot that they are quietly saying is going to kick serious ass. Should we believe them? What will this coin go to if this bot gets released 10 days from now? will it go to 20 - 30 - 40 thousand?
Us poor small fish do not have the inside info. But what we can do is look at the charts and see who is holding, and who is selling.
None of the big holders are selling. Just one guy in the thread three days ago, bragging about a .7 btc profit.
What does this tell you?
I know what it tells me.
Good analysis. Often in crypto you make out big just by watching how others are playing the game.
That guy who was bragging about making .7 btc on Circuits, he made me laugh. Circuits is a good play for the next couple months. It will be very interesting to see the timing of the bot release in relation to peak DPOS - and then the Culling just a few days after, by my calculations. These guys know exactly what they are doing if you ask me. Even more impressive, they are keeping their mouths shut about it. I don't know and don't care who the insiders are. But everything points to this coin going parabolic.