Why is the price going up? It seems like this coin is highly correlated to Bitcoin.
I have a lot of TRST i think this is one of my great investment for the year. One thing i don't understand about the project though. How would the insurance work?
Most of these coins you can't
really tell why any of them go up. even if there's an announcement such a small portion of investors come from the informed crowd...a ton of the crypto market is being pumped now by speculators from the outside seeing how high bitcoin and ether are going...and all the others. But bitcoin and ether are the ones I'm even starting to hear once in a while in a public eavesdrop it's crazy thinking how some of us got into ETH and DASH really early, but even crazier to think of the earliest investors in bitcoin....aka nerds with some time on their hands xD
I think TRST is going up because people are believing in the project and thinking psychologically any 'good' token under $1 is a steal...when you see how bitcoin didn't really have a central goal, the mechanism itself was kinda the goal...and then you see how some of these tokens are goal-specific and oriented for a specific task I mean the value psychologically only increases. Because it logically means
if the team succeeds with the goal they're planning, and it becomes remotely big even, then the asset specifically created for the team's goal will naturally raise in value as the team's project raises in value...as it's developed into something 'real'.
I think more and more 'outside' money is coming in daily. I think this might be the year we see a bunch of billionaires throwing into as many ico's as they can, just from analyzing the 2017 trends so far. Anyone who makes dividends in stocks would be a fool to not at least START looking into cryptos as they're hearing more and more about how people are remembering some 'lost' coins that are now worth 200k+.
Crazy...and so surreal. And great to be part of it
