So seriously, what's the point in buying this coin? Let me first say that I just bought 11,000 of them. I'm trying to understand the psychology of buying a coin that has very little development so far. I bought because the price right now seems cheap when there are only 5 million coins. I'm assuming that supply and demand will drive the price up some, even with very little development. Is that the reason other people are buying? I mean 100+ BTC on bittrex? That's pretty good for a coin that has no plans to implement anon any time soon, and has no plans for a multipool, and for devs who have full time jobs and can't dedicate their time to this coin.
Oh young grasshopper you already know the answer you seek. Just ask oneself "why did I just buy 11,000 virtual coins, having no innovation whatsoever"? You will soon understand, we are merely a cog in the complex gear system of a profit making machine. Don;t focus on why, Crypto is the least rational thing in existence (next to love, of course), focus on predicting the next move. Asking why will drive you crazy, in a world full of shitcoins,
Funny though, usually with this much volume, the thread would be more active with hype shills. Charts tell all.