Shame this coin had so many weak retarded hands coin supply about 7 million and you sell for 200sat!! wtf are you people on your are selling at massive lost you silly %^&*(. Why do i have to buy into a coin with the most stupid people imaginable involved in ffs
No need to get personal with the traders. If your view is positive for the future, then buy in at 200 sats. People are just factoring in the coin supply after 21 days growing at 10k% - 20k% per year.
Lets assume the 21 days was over today and supply was 7m today and interest was 20,000% for three days in a row, it would mean coin supply of 10.8m after day 1, 16.7m after day 2 and 25.9m after day 3. what is going to happen with all those new coins apart from the option to stake them for even more? In reality, all blocks being 20,000% for 3 days is unrealistic but if you take the average between 10-20k you might look at 30m supply after a week or so. People are therefore not selling a coin supply of 7m but a supply of 30m+, depending on your timeframe after the 21 days. Unfortunately with all traders having short term profit in mind, the pattern as previously explained will repeat itself. At least there is a dice game thanks to Spots that will help a bit with demand.
If this upsets you, then take a chill pill because the interest rates were voted on and Spots chose the winning option.
This must be one of the fastest coins out that has to be a huge selling point. If it was not going to have such a massive supply it would be a awesome pair coin to trade.
