High stake coins
EMB and other coins offering high stakes.
What exactly high stake means?
Well it means generating a large amount of that coin on the same market cap. Because that "stakes" are not payed for, they don't bring money into the market cap.
When people started "going for high stake coins" this generated a big demand and it compensated for the "new coins appeared from nowhere" generated to pay the stakes. That is why the prices did not drop when the stakes were generated.
It's a ponzi scheme...a pyramid scheme. Actually ....people buying more coins for the big stakes are paying for the ones that entered first and keeping the price steady. But after more people are buying millions to stake...more stake needs to be generated. Until everybody will have more than enough of that coin and the buying stops. And there will be a much much bigger amount of that coin on the market....on the same market cap....with no financial use or ...how to put it ... not integrated in an economy circuit that creates a healthy steady demand.
Guess what....when the buying stops and all buyers have more than enough...even more stake needs to be generated for them..
Price starts to go down...and as they start to sell their billion coins + theyr billion stakes...prices will plummet. And all your coins + all the staked ones will value less than what you payed for the coins to buy them.
Why less? Well...because there were some smart guys that entered first, and got high % stakes, and when they had all that coins they started to advertise on youtube that "look what stakes I got" ...and by buying you just payed to keep the price steady and not dropping while they sold. And now there are 10-20 times more coins because of the high stakes...you need to find 10-20 times more people and convince them to buy so you can cover the loss....and if you do and they buy...they will need to find 100-200 times more people and convince them to buy so they cover their loss :))).
MATH tells that THE END comes exponentially.
That is why is called pyramid....small top...a lot of people getting f**ked at the bottom.
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