Could someone please explain to me this strange dynamic that is taking place in the market.
What strange dynamic would that be?
To be clear, Mintpal is locked up on SC trades tighter than a gnats ass stretched over a rain barrel
Seems like people don't know what to do.
I was hoping price drops a little bit again before tomorrow.
I suspect when it starts moving it will move fast.
People don't know what to do because there isn't much to react to right now. I'd say once new wallet comes out along with white paper then things should pick up. If they don't, well, then that's a problem I guess.
New wallet comes out as advertised: price jumps back to over 6000sats. (Spike to 7000sats and then drops back.)
Delayed or no new wallet: panic and selling, drops to 1000sats.
New wallet and whitepaper after initial fear and delay: price back to 4000sats.
Hard to know what to do. I guess it all depends on if you trust the dev team.
Personally I don't think wallet will do much maybe a small influx but the money is in the white paper and then then release of the social network.. Right now we need new ways to spend silkcoin.. Maybe some competitions wouldn't hurt.. Need some buzz.. Anyone got some ideas?? I got a good one but waiting on wulfcastle to find some time to chat..
