No body can said for sure what will be of BTC or PND or any coin unless you are an WhalePanda, also as i like PND and the pos 2.5% interests but yeah everyone know PND value could increase so there are huge amount of pandas staking so we have 1m $ market cap and 2k $ in daily trade, in this dump fest the daily trade is 30k.
Every time a dump fest start: the daily trade amount skyrocket and that make PND an moving coin and that pick their interest, so they buy cheap, and let coin maby to staking, and this happen the daily trade go down and sell walls start to form and we start into another phase of the cycle.
Every time as the dump fest is over: is just waiting a new feature of devs and time pass by, some whale snaps and sell all their PND and them the Dump fest being again and the cycles start again ending with the pnd price going down and them go up over the price it was before the PND fest, and just in time to devs new wallets or etc so every one wanna a piece of cheap PND.
They buy cheap and wait, to sell in higher prices. They get profits we get a more value/traded coin.
The down fall is that this dump fest could kill any coin if every one just dump, why PND is not dead ? well you see, the devs and the community do not sell their coins, only whom are for quick profit and weak hands, and the same base that was keeping the price in simple words rising very slowly while staking and promoting pnd, keep the coin alive, and as the time pass more join to this cycle.
We have seem a lot of dumps, i dont think the guy/girl who did not sell months ago is going to panic and sell now
Do i hate dump fest ? nop, we can call the dump fest a part of natural selection, this should always be like this ? i dont know, i only know PND view needs to mature, so the market see it for what it is, a real currency with a great team of devs behind it, and a great community that you would like to form part of.
Sorry for the long text, any way good nights.
