I bet much of the price increase has nothing to do with the coin itself, but people buying because they know suppoman is pumping it and are therefore taking a calculated short term gamble. I could be wrong but holding/buying seems very risky in this case. Just my opinion.
This is very true. Suppoman has a large following and he has been raging about this coin and people on his group keep hyping this coin.
I mean it is literally a constant flow of posts about bitquence, primarily people asking about when the price will increase and asking for price predictions etc.
I bet not even half of the people who now hold Bitquence because of Suppoman have even read the whitepaper.
I think even less are actually experienced in the crypto ecosystem or have actual knowledge about what they are throwing their money into.
I see Suppomans group, not so much Suppoman, as a risk to the stability of this coin, or maybe I'm full of shit.
If the team are able to pull off what they say they can then the price should be at least $10 but there is a plethora of difference amazing ICOs still in progress or not even started yet so Bitquence has a lot to do.
If you invested at ICO which was like 0.05usd per coin you are already up massively so either way I will hold my coins as for me this is already a winner.
But I am wary of investing now as even today there have been slow and consistent dumps on all 3 exchanges.
