We need buy support to keep a good volume, I will never understand why people put so much money into coins that cannot keep a value because of so many being mined like doge, but not much in coins like this.
What I have learned is, supply is not the primary mover of prices, its demand.
You could have the only widget in the world, but if no one wants to buy it, its worthless.
Doge has billions of coins.
But its "valued" because of the demand, because demand has the odd ability to thin out supply (the more people that want something, the less each one can have), so you have billions of coins say in supply but the supply is soo decentralized there is a perceived scarcity among peers.
Thats why doge is successful, all the tipping, "split up" all the coins, and now not that many people "have a lot of coins", most of the owners probably have less than 100,000 doge, with very few people over a million.
Thus you have artificial scarcity and the price remains somewhat high.
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People will come around eventually to ultra-coin.
I think its well positioned to do relatively well soon.
