Post
Topic
Board Announcements (Altcoins)
Re: [PND]Pandacoin | 9 DAYS LEFT | August 30th - Rethinking Digital Currencies |
by
AikiRon
on 21/08/2014, 19:10:28 UTC
The run up in PND's price is similar to the rise in a company's stock price prior to an expected good earnings announcement. The actual announcement, even if it meets or exceeds expectations, usually gives way to a price correction. I expect there will be a sell-off in PND after the 8/30 announcement as profit takers cash out. No matter though. If the Devs aren't just blowing smoke, which at this time doesn't seem to be the case, then the new initiatives should build real value for the coin which will lead to a further increase of price.