Post
Topic
Board Altcoin Discussion
Re: future of reddcoin
by
edmundduke
on 10/03/2016, 07:53:22 UTC
hey i found that reddcoin is become commercial currency.
facebook and Twitter use it as a payment currency.so what price will become reddcoin in 2years.will this uniformly increase?

REDD will go the same path it has always gone. The price ill be low, a few satoshis and once the whales have finished accumulating they will create a pump and support the move up. Once they reach their target they will start selling off to the new traders who are looking to join the pump. Whales make money and once the price falls back to a few sats the whole process repeats itself, its an endless circle of money for those whales. Unlikely that they will quit doing so because it is way too easy to profit like that,