My problem with rain right now is that I sold all at a good price about six to eight months ago and not sure how much now I would have to buy to have it start staking 2 or 3 times a week.
I would say at least 50k to 100k, this amount should get you a few stakes each week. I know with over 200K now gets people a stake almost daily and if not then every second day. It could be a good time to buy at the current price but no one knows whats going on with the dev team. Maybe if they posted regular updates the price wouldn't be this low.
It would only take one person to want to stake this coin to raise the price 2 sats at that level. Back in the earlier days, I think 5 to 10 people were coming aboard every week. Staking and trading wisely always makes money.
Yeah I agree, it won't take much to boost the price of Rain and like you said if Rain gets a few people come in each week and start staking then this could easily get back to around 100+ sats in no time. I just feel that people are waiting to see the WP and rain meter as this has been talked about most of this year and we are still waiting. So once we get some news or sneak peaks of the rain meter, this could start moving again.
Nothing to say about in this case, but these kinds of ploys are classic in scam artists. They hold some kind of invention or creation of some kind of physical device out like a carrot on a string. Look at that woman who just got busted for the fake lab testing device. She and some Indian guy bilked people out of billions, fooled everyone.
What's more important is education and advertising. I am trying to do that with a book I'm writing on staking.
Here is something I posted to the threads of some other coins I stake. I'll rewrite it with my RAIN address:
I want to get more publicity for the coins I'm staking. I'm posting this to some of the staking coins that I support and stake. It's about a need to get more people running staking wallets at home.
The problem with all good staking coins is that people are not smart enough to use staking wallets to earn coins. The level of computer skills of the general public is very poor, and cryptocurrency enthusiasts are a little better but often not much.
I have published over 8 books with ISBN #s on Amazon and other sites and I'm writing a book on staking wallets and coins. I have supported certain staking coins for a while now and need to work other things besides crypto. If you want to help me to focus on the book, here is my Rain coin wallet address: RN1yxzjsm78aKRGzMmrp1tixbYgDKn5wr1
So far, I've only had two donations that I know of. One or two wallets like 808 I haven't run for a while so not sure about it. As you can see I have a positive trust rating here, and I have a huge web presence that goes back to 1994.