just need a whale to squeeze all the shorts and the party will start.
STRATIS can't be shorted yet, so no squeeze
Technically speaking it can be shorted, all you need is to create a panic in the market and wait for the market to buy into it
Top 100 holds 86 percent of all Stratis (top 10 hold 36 per cent). They have all the time to buy more, so price increases.
https://chainz.cryptoid.info/strat/#!rich
This unequal distribution is not good. If you factor this piece of information with the low market volume and the historical growth of this coin, this is an extremely strong indication of internal manipulation of the price. This is a classic pump and dump. Every couple of days or weeks, there is an internal coordinated pump which serves to artificially set the psychological resistance points and get more people to buy in. This is not a natural growth based on supply and demand and I've seen this same pattern with penny stocks that were manipulated. Given this coin is already 10x ICO and the uneven distribution, there will likely be 1-2 more artificial pumps by these insiders to try to get more mainstream adoption and drive volume to a point where these large holders will begin their massive dump. Bottom line, it's extremely risky to buy at this point.
Lol lol lol lol lol!
You couldn't be more wrong, about the internal manipulation of the price, the pump and dump etc.
It's just an awesome project, that didn't got mass adoption yet. So most of the investors are here from the start (ICO) and kept buying, so they got a lot of coins. They also won't sell them, because they know the project is way undervalued at the moment. They are not aiming for X10 but maybe X50 or X100 or more.
Stratis is a real project that has the potential of overtaking Ethereums marketcap. That's why these patterns are here. The dumpers are being bought up buy the whales because they know these prices are way to cheap at the moment.
Nice try of creating panick, too bad it won't work in this community.
Bottom line, it's extremely stupid if you don't buy know, because you will be too late. I have warned so many people already, don't sell just hold or buy more. They make the mistake over and over again, @7k @10 @12k etc. And every time they are coming back with nonsense posts to try get the price down, it will not work. This one is different then others out there, this is it!