All top wallets on trex have growing big time.... Just saying....
Want to see a LOT of little wallets growing too.
True. Didn't bother checking the block explorer online but more distribution helps... But it's obvious groups, whales are playing this coin to their liking. The coin will see crazy such swings I suppose, too bad others will get burned each stupid dump. But such is the game they play.
Can we assume with rhino and subsequent burning the price should skyrocket... Eventually?? Or will manipulators keep dumping as such?
Well, I think we have another month of up and down since the time gives both believers and Fudsters ammunition to play. I do believe, if the plan is executed, the coin will reach a point where the price and the desire to use the software meet. That price, I believe, will be determined by just how much the core group of people that use the Bot believe it makes them on average, coupled with the lowering of supply of coins over time. I have been an advocate of working toward 1 coin, 1 program type thinking, where if you believe the Bot is worth $500, then the goal would be to try to lower the supply enough to get one coin to equal that.
Now, I don't know how practical that is since you need enough coins to keep the exchanges trading, but even if you got to 100 coins per program, not bad. If that type of idea is what they have in mind, then yes, in the long run, I see this coin creeping up to a very good price no matter what.
Of course, that will depend on continuing to improve the Bot and any other revenue streams these guys get to work. That is also why I say little wallets. In the long run, the rise in price will be nibbles at supply since most will be tied up tight and not moving anywhere, hopefully.
At this point, I see no reason these Devs would not keep at it. It is a very good strategy and obviously got some ppl into it right off the bat. There are always issues and problems, but these guys have been around coins enough to handle them it sure seems like.
