So here's this coin EBST (
https://twitter.com/eboostcoin?lang=en ), I guess it's an in-game token for so-called "eSports".
Honestly, it looks terrible. Mostly dead, barely worth $0.16 per, barely active twitter feed with almost no followers. No offense eBoost team, it's a neat idea but it's not catching yet. Personally, I think you need in house game devs and a Unity plugin. But I say that about a lot of cryptos.
So it really doesn't look like a good long term investment to me...
but it looks like someone is stocking up on quite a bit of it anyways.
Lotta buys over the last two weeks. Spread out enough so the price doesn't jump, but consistently, someone or some group is buying it up.
This coin is not run by devs, the development was outsourced initially and now the whole thing is run by a business team. I think they don't know games, or crypto, but I bet they know how to pump.
So I bought some, and did my usual pattern. Immediately put in a sell of 80% of it for 125% what I bought it for, and hold the rest. To my surprise, it almost immediately clicked, now I have 20% free of some random no volume shit coin to wonder about.
I think that soon, it will get pumped by traders, will skyrocket just long enough for them to liquidate, and go right back down into the dirt. So I have my 20% staked at several extremely greedy sells just to see.
Anyone else have any thoughts on this? Am I being too negative? If it was actually in use it would be pretty cool.
eBoost management: I make games, we could talk about that if you want. I've always thought 'Tetris Attacks', but for money, would be pretty epic. I could make that a reality for you for 1.5 BTC.