Rijk says the wallets will stop working if there is no development, is this true? This is related to funding running out.
That is a lie, wallets and blockchain will still run but no new development. Another Dutch coin efl blockchain still works and hasn't updated in 7 years. 90% of the coins have no development and the blockchains work.
Because of Novo and florin gulden hasn't had a update in 2 years besides reduced max supply and reward halving and the blockchain still works.
By right Florin should he paying all development costs, florin had a new wallet update 2 weeks ago.
The story comes together. I smell desperation because without Gulden supplying him development funds , florin has no development or he is forced to sell his florin premine. This is why i see no big buy orders and when one biggish buy order came on the market at 300000 it was sold quickly.
I can see the pressure on the florin market and trading in the 200000 - 280000 next week but Rijk keeps saying how people are holding. My better judgment is telling me he is telling others to hold while he can sell the premine.
Already sold the premine.