>>23612516Consider the factors that are pumping Rushia's price up:
- Presence of active Rushia oshicoiners
- Presence of people who gain more on net worth due to coin price increase than they lose on taxes when buying the coin
Those people are incentivized by the game mechanics or SOVL to buy her. You are right. The way it is going, it should slow down /eventually/, but because of the pace her price is increasing and the people involved, her price ceiling is much, much higher than "just" $127k. This is a bit of napkin math, but the last time I looked at it I figured out that she should slow down around $200-300k due to dividends income of those who do buy her, but even then, that's an absurdly high ceiling.
If you look at transaction history, most of the sceptics actually already liquidated their coins when she was around 50-60k. Then the sells started to ramp up, until they actually tapered off since they couldn't compete with people buying her.
Is it stupid? Yes. Will she, if the devs don't do anything, rise to $500k or above? Probably, eventually, given enough time. There's almost certainly mechanics in place that /would/ result in that scenario.
I'm not saying that you should buy Rushia, it's ultimately up to you. I'm just saying that you're very much wrong.
