Topic: [ANN] BitBean is Now Bean Cash | First v3 POS | First 20MB Max Blocks | 7+ Yrs. - page 145. (Read 276146 times)

You have let down lots why would I buy now?

Baron Rothschild, of the famous banking dynasty, said the best time to buy was "when there is blood in the streets." In other words - when everyone is selling, it's a great time to buy! This would seem to be very reasonable advice, yet few people follow it. People generally are more comfortable doing what everyone else they know is doing.

Not sure what is great about this

I know its not easy 2 program iv tried it and had medium results. I have been with Bitb from the start and I have made pretty good profit but never dumped because I Luv my bitb, it has 20mb blocks and its super fast transfer + its super Green }. I cant offer much just my buy support, the price right now is no biggy I understand its because the BTC rocket. Mister team if u hit the road map marks it will gain again. TY Team BitBean 4 your effort its much appreciated. Cant wait for the andriod wallet, with that I can spreed my bitb even more , give away and show people how to use it. Good luck 2 all Bitbeaner and i hope u all get rich. But don't forget 2 buy me Coffey cheers!
-Latino Crypto

Now lets just worry about hitting targets this time

Thanks for the advice.  The thing I like about Bitbean is the high interest rate and the short amount of time needed to stake.  Its very unique in the sense that you can start staking in literally hours.  Maybe the only other coin like it is Mastertradercoin which has had little volume so its really not a very liquid coin.  Other high yielding stake coins such as Hyperstake take 7 days to stake, TEKcoin takes like 30 days, Sprouts I think takes like 4 days.  But Bitbean you can literally stake in mere hours and the interest rate is about 100% per year which is pretty high, I figured it out with statistics from coinwallet.co, I usually use coinwallet.co to stake with small amounts of coins although the withdrawal fees kind of suck.  Anyway I guess thats why I'm drawn to Bitbean, I have little patience and so the short staking maturity really attracts me to this coin.  I totally see what you mean though and I see the price has been going down steadily, although the Bitcoin price that its pegged to has skyrocketed so the fiat price may be pretty stable, would have to do the calculations to confirm though.... I have invested about $50 into Bitbean in the past and I lost a decent amount even with the high staking interest rate, but now that the price is a little cheaper I was seeing the public's opinion about the coin to see if it is a good time to get back into it.  The wallet kind of disappointed me, since it lacks a simple easy to use coin control feature.  Also a wallet really should not affect the price much, as it is simply a wallet.  Anyway I use coinwallet.co anyways so that really doesn't matter all that much.  I guess maybe just holding on to Bitcoin is probably the best bet.  Do you know of any high yielding short maturity staking coins besides the ones I mentioned?

Unless you do your homework and read back through this thread and multiple other forums. Then you find that bitbeans were at 40 sats based on expected releases that bitbeaner promised, and then failed to deliver on. He lied to people, and as a result many of those (myself included) lost faith in his word and are extremely hesitant to get burned more. Those who bought in at 40 sats and held are now sitting on half their investment and there still isn't any meat on the bones as far as actual reasons the value would go up.

There are currently 1 billion bitbeans out there, that's a lot fo beans to dump on the market and drop value to less than the current 20 sats. There are also a total of 40 billion bitbeans ever to be distributed through exclusively POS methods, which means the richest will continue to get richer and have a head start over anyone buying in.

I guess it might be a good time to buy in from the perspective that: If you buy in now and bitbeans go down to 1 sat, you can only lose a maximum of 20 sats per bean as opposed to 40 from someone who invested 2 months ago.

Team Bean started out strong and had decent tech, good roadmaps and delivered as promise dbut over the last 4 months constant disappointment has been driving value to shrink constantly. Poor marketing decisions, a failure to show proper business sense, and an attitude of "I will respond only to positive encouragement and not address legitimate issues if they aren't coated in blind praise" doesn't point to a currency that will be increasing in value or leading the mass adoption of crypto anytime soon.

There may be profit to be made on slight fluctuations with bitbeans, but there is very little pointing to long-term growth at the moment and the management shows a complete lack of business sense.

Buying is up to each and everyone, but take the time to read through the last few months and get a bigger picture of the issues that bitbean will have to overcome, bitcoin price increasing definitely dilutes the overall value of alts, but in the case of bitbean that isn't the only reason the price has dropped.

Inform yourself, do research and invest your hard earned funds in places where the management and tech show potential to grow your investment. Look for management that isn't afraid to address naysayers in a mature and responsible manner and fight with facts.