Bitcoin Forum

what do you think about RDD coin? this price is now 109 satoshi  in bittrex.but  i am seeing it has a lot of sell walls.So post your openion about this coin. Any good future is coming or dump again its real price?

obviously it is a pump like all the rest of the altcoins that have been pumped.
this past 10 days have been the days of ultra cheap altcoins to get pumped. i am seeing altcoins getting pumped that have been completely dead. coins such as MoonCoin and HTML5 both of which were below 1 satoshi and now they are worth 5 satoshi and rising.

as i have said before pumping a cheap coin like these to 500% is a lot easier to pump a big altcoin from 0.01 to 0.5BTC for example.

so no it is not going to last, try to enjoy the ride and make sure to sell on top and don't wait for them to dump on you!

i recommended you do your own dd and make your own decision

So what should i do? Sell or hold? please tell me anyone

You have to read what people are telling you. The message is pretty clear: no one can tell you what to do and you shouldn't act based on someone else's opinion (including mine, strangely enough!).

The point being made here is that these alts are all pumped, with no real way to tell why or how their value has suddenly increased manyfold, except for the strong suspicion (founded in various threads you'll find on this forum) that their prices are a result of market manipulation.

This is pure profiteering so if you want to play that game, do so at your own risk!

RDD is one of those rare low value coins that actually has some development and what we may even call usage. they had a good plan for the coin and a decent roadmap but they did one big mistake and that is releasing a lot of coins, with all the staking and the rewards the supply is huge and that kills the price.

don't look at the current price pump, this problem is not solved and there is nothing changed about this coin. and remember that it is not the only low value coin that has been pumped. may be the biggest pump among them but certainly not the only one.

I think it's going to dump. It was supposed to be a social coin, with the ability to tip with RDD on Facebook, twitter and so on - that was the vision back in 2014. And nothing came of it, the developers made no progress with those features...

BE VERY CAREFUL about Reddcoin.

I held for over two years. There is part-time development on this project. Redd-ID is not going to be very innovative. I think this is a lot of dumb money pumping into a 'social coin'. Even project devs are trying to calm people down that this is just a market spike. There is nothing really here ..

,The real question is did you make the 3000% profit in the recent dump ?

You can also chat with RDD guys on telegram.