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Every pump of that kind doesn't require news.
Since the pumper has closed the buy order at over 10k sats, it makes sense to assume that that person assumes the price will go above that, otherwise he would make a huge loss. That is why I bought the dip. I never bought this one before, so it is a medium risk / high reward chance imo.
This coin behaves like a slow development coin, not like a scam coin. That makes a difference.
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Recently more new people have just found out about GRS, and most of them were hooked by the amount of advanced updates instantly. It just shows that awareness will bring it to new heights because it has not really any competitiors on a technical level.
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The volume is slowly increasing. Also more topics about OkCash speculation appear.
It's time to invest. That current price could have been the lowest for a long time.
IMO, any solid coin that had an all time high of x satoshi on one day will visit that same number again another day, and surpass it with solid investments.
The first all time high is often a pump, the next time that same ath becomes solid, while a new ath is being reached.
So just seeing where OkCash had been once, you can guess where it will be again.
This rule applies to solid/legit coins.
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The only reason the price increase is halting is because of a very large selling order.
Yesterday it held back the price from going up, today we got the same. It's just a matter of having that huge selling order there or not.
Basically, a single whale is controlling the market value right now.
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Going up again, place your orders if you want to get in.
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To me this looks like classic FUD right out of the text book. You know what happens next.
What made me invest in this coin is the amount of years it exists, the reputation, the continuous development, and the low amount of circulating supply.
Based on that I conclude that this is not just a random altcoin, but one with history, a stable one.
That is why I hold this coin. The only reason to sell it would be for trading and buying more of it.
Don't take it as a hype speech. These are merely my reasons for waiting and holding this coin.
Most of us like to profit for, some try to profit by lowering their losses, some try to profit by actually profiting. The question is who will be right. Based on history, regarding a coin of name, it has been proven so many times that holders profited, while FUDers regret selling at the bottom. I don't want to be that guy.
Psychologically speaking, it hurts more to lose than not to win (This is why FUD is more dominant than holding).
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Question 1:
If after launch 1 Combi coin equals a complete set (100%) of the investment into top 30 coins equally distributed with the weight of 1/30, then I have one question on that.
White paper:
"For 10 USD you will receive 1 CombiCoin
and 1 TRIA Token. Each CombiCoin, is 100% backed by the current top 30 of cryptocurrency."
For funding with 10 USD one gets 1 CombiCoin (and 1 TriaToken).
(BTC price, ETH price, ... Coin# 30 price) / 30 = 1 Combicoin (which is worth more than 10 USD at any current point).
How can someone get 1 CombiCoin for 10 USD, if that Coin's worth is way higher at the launch of this coin on major exchanges?
It would be as if free money is being given away, which does not circulate.
In theory if everyone would turn his CombiCoin into USD after launch for the price of 1 CombiCoin on exchanges, this would not work.
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Question 2:
People have written that with the current low prices of most top coins CombiCoin would have a head start. Inthe white paper timeline is says for January 2018 "CombiCoin launched at major exchanges". Does that mean CombiCoin launches first time in 2018 on exchanges, or is this a general statement that CombiCoin launched at quite a few major exchanges "so far"?
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