Smart investors here that will make sure the price they pay never goes below again.lol
It might be scary to see what happens and how far this coin will be when the block rewards halve.
Bleutrade hit 800 and crashed down to sub 500 again. I've put a bit of resistance on 500 that will switch to a support on 450 when it is sold (I keep a margin on 50). The bittrex order book size has hardly grown, which means that the same amount of money is pushing the price up. People are getting greedy, afraid to miss the train. And I'm not sure if the price is completely justified (long time low price in the past) or that a bubble forms (2M chart on bittrex, a small one, but still).
The block rewards that halve are still far away and should not be a problem now.