skidog, that was a good decision. You will buy more when we reach 2-3k satoshi. At this moment you will catch falling knife, nothing else.
This is also information for others. Look at masteretarded, his coin, his IPO, IPO price, github commits, current volume and current price. This guy does not even know basic coin APIs. He is yet another random (like me) who came to bitcointalk half year ago with HEY SUPER UBER COIN IPO PAY MY BITCOINS MY PHP GOOD FRAMEWORK PHP NICE APPLE TABLET SCREENSHOT HELLO. He collected 30-40 BTC from naive investors whose investment is now worth 10% of price they paid. And no possibility to exit since MTR buy support is even lower than 8BIT without official dev.
And he offers us (US!) yet another IPO... geez. Payable with 8BIT (awesome)... and MTR. Did you know he has already told MTR community that 8BIT IPO will be payable with MTR so finally there will be a chance for a minimal MTR demand? Yeah!
If he is sure his development can change anything here why don't he put a 5 BTC (okay, 0.5 BTC!) wall at 20k satoshi? 8BIT price is extremely low, 88BIT is very rare coin with fixed inflation (not like MTR scam with % inflation) - the more people run staking nodes / masternodes the less profit others get - because supply is fixed.
No one wants to get dumped on... like you said, it's a falling knife. That includes Mastertrader.
I look forward to whatever happens to 8bit. I wonder what purpose his team will give to the coin.
