Traders are waiting for some positive news for Gulden before the market will turn.
I personally don't invest in Gulden anymore, whales have killed the Gulden market on bittrex. With Florin its impossible for whales to do the same because of the scarce supply.
I was a whale with a low supply coin. It's all relative, in the end I held a lot of the supply but no buyers when I wanted to sell. I also thought scarce supply and price can only go up, if you are the one of a few buying you make the price go higher for everyone else but try selling the coins is a different story. Low supply coins also have dead communities, no one gives a fuck because only a few people own enough to care.
The florin I sold above 200000, I purched at 140000 range. Rijk said rich investors have purchased the premine, I am thinking binance listing soon and price will 10X.
I read back Rijks message on slack and nowhere did he say “rich investors” just “investors”. Maybe he is no longer interested in crypto and communities destroying value of the coins he creates, found some hopiums to ditch the 45k xfl premine on at a good price, gains a couple 100k euro and is now laughing at anybody that expects some sort or Jeff Bezos kind investor to pump the price. I think the €50 price per coin is the max you will see the coming years. It’s the 0,40 ath of Gulden. If somebody unloads a couple hundred XFL on the market now, price drops and panic selling just like we saw at Gulden will take place again. Half a year ago i bought a couple hundred at 3 euro and i sold them all in the pump, at average price of 50 euro. Big gain and will wait for the dump to get back the same amount of XFL as i purchased half a year ago. Succesfull trading is about taking profits in stead of being a sitting duck, holding on too long.