Guys it looks like this is in the middle of a pump and dump. Cheap coins bought... lots of speculation about new releases. Is there any proof that it isnt?
Im not accusing I am just simply seeking clarification before I decide to invest in the coin.
wait a few weeks. There will be a news release coming that will coincide with the release of the new wallet. You should look back through the recent posts. A lot of details came out, but obviously some things are missing. With BTC experiencing increased volatility we can surely expect a higher beta for the immediate future. However, this doesn't worry me too much.
Best advice I can give you is to watch for movements in the rich list if you are trying to detect a pump and dump. 96% of coins are still held by the top 100 accounts and they would need to move them to an exchange BEFORE selling. So if I saw 2 mil coin moved to a new address, maybe I would suspect a sale coming. Use your brains people. That's all the advice I'll give you on that. I loathe traders in general and I appreciate people that contribute or support the coin.
If you are buying the coin because you want to make a quick buck or you just want to see what happens, you should maybe look at the the top 100 accounts. We are in a hoarding period. If you sell a coin it's less likely to come back into the market in the current environment. So trying to play the spread is a losing game IMHO. Liquidity is basically dead.
No new news will come for the next couple weeks while we're busy with preparing the release. So, that is your window for trading. Have fun. sell, buy, whatever. You window of opportunity is likely running out either way. Gambatte!
Sounds like it is going to be important release!