i agree as well for most parts. but i dont think any whale or pump and dump is active yet. dont forget nobody wanted to buy nav a few weeks/months ago....now investors are positive and start buying...
jump looks much but it isnt. lets say we have 30 investors in the community who all buy 1btc, then together they can spike the price to 5000sat in a day... imagine what will happen if they get really happy and start to buy 2-3btc each.
and the floor is what we want the floor to be...if people dump and i keep setting orders at 2ksat then that will be the floor. is 2000sats high? i think not, comparing to other coins prizes, looking at currrent positive vibe, looking at news that is coming, looking at past updates and so on....as long as we all think its cheap prize wont go down
It will go up till people are going to think the maxiumum is reached...
and dont forget we are at page 1 at bittrex for more then a week, doesnt say much, but it gives exposure and other people also see it goes up everyday with 10%-30%, which might cause some of them to start buying as well, which in turn drive the price even more up..
in my opinion its the beginning of a hype...the big hype hasnt started yet though, i think most outside investors will wait to see the proove of anon first.... people have been waiting a long time...
but i agree normally it probably would have been good to sell at 1500, only this time the possitive vibe is too big....as others said, nobody is selling yet...i think they will keep doing that till price reach 4000-5000 sat and sell pressure gets bigger the more we rise...
we probably only see a dump when anon isnt working or when its less the expected..if its good, there will probably follow another huge spike up...
but again...prices say nothing...when its going to be a hype in whole crypto world volume can spike as well and we can see prices 15k+, like we have seen with many other coins...look at the latest drugs related coins...they became huge....
and yes there will be a point where price drops again when hype is over...but most of those coins still have prices above 2k, even after massive dumps....so i dont expect a lot of dumping right now....again im no expert but i think 1800-2000sat will be the bottom for now....till anon...