Wtf, why doesn't he just buy them himself for 500 sats on Bittrex? this makes no sense, and you know what they say about things that sound too good to be true...
Good point, but why should he set the price at 2500 sats on Monday? He wants to set a standard for the price of his coin it seems. I think there's potential here so I bought in.
I agree with this.
It looks like they might be aiming for a pegged (or ranged) value coin here, to induce some stability and assurance into holding investments in the crypto realm.
Buying them all up to sell for himself at 2500 wouldn't work, he needs to let others in on the ride for this to work. People will sit here and take 10% - 20% trade profits all day, it can't just moonshot straight to 2500, however it can ascend over a few days.
I'm taking a risk and buying big.
The way I see the dev doesn't care if they own them all at 2500, they are establishing a market and won't sell below that.
