Good to see, I'm all honesty I can see it going back to the 10-15k range with the right news.
You seem to have forgotten how we dropped to these rediculous levels. MasterTrader just dumped a sh*tload of his premine on top of his supporters without any deliberation. As long as he's sitting on this huge pre-mine no serious investors will ever invest in this coin anymore. MTR has to burn (almost all of) the premine. This would give some new potential to the coin. Just like AMP.
A burn has been suggested before. Not sure how much is left of the premine. Looks to be mostly on bittrex with a few large wallets.
i had suggested WAY back that the premine ( a lot of it ) can setup in the seednodes - and 'things' can be done with the coins raised int he PoS ...
NO ONE bothered to respond - for one reason or another ...
we have committed nodes and and time and effort ( with pleasure i might add ) to the network - and would have secured the network further with a large influx of nodes and PoS ...
rich DID donate some coins to the current nodes - but no one else wanted to eve consider it ...
these PoS coins could be skimmed out of the nodes - and back into the dev network FOR the community in variuos ways ... but again - did ANYONE respond to ANY suggestion i made back then? ...
so i continue watching - and occasionally chat to rich on skype when he has the time to ...
burning premine may have been a good idea to some - but it never was to me ... but here we are again guys and gals - rotating on the same finger ...
ill pull back to the background again - and keep watching ...
time will tell - as well as test the metal that mtr is made of ... and if the support that rich has shown here is anything to go by - it will be a strong system when its finished with toshidesk ...
#crysx