Topic: [ANN] BITGESELL - Store of value (Burn rate is 90% of tx fees) #realstoreofvalue - page 24. (Read 28066 times)

At the start, this project behaved more actively. Then one of the developers vanorton disappeared. Then there were people who suffered during the exchange across the bridge. Apparently now the developer has no clear further moves. As a consequence, the fall in turnover and prices on the stock exchange.

Well, this is the cycle of crypto space dude, but in fairness to this coins, it may go down continuously but it recovers anyhow in daily trade activity. Perhaps, the developer of this coin at least is doing everything to stand in the market here anyway. Where in my own experience weekly it gave a little earnings but still gave me a help as an individual traders.  

I noticed at the last time that there has been support for buying. Is it the whale that have become in the coin by position?

The price is getting lower and lower. I see that someone is trying to buy small amounts of coins, but he is being pushed down by all the large sell orders. I am very disappointed that I did not sell this coin a week or two weeks ago, now my investment is turning into dust every day.

Can't you see that there are only sales here? The price is being dumped. Today it is already 3 cents, wait for 2, 1, 0. For investors, this coin has lost all interest after it was constantly sold, not even allowing it to grow. No whale will enter here to redeem all these millions of coins that are prepared for sale. Also, the network has become very unstable, some new blocks have to wait for hours. This suggests that miners are leaving this project.
I'll leave it here again.



and this

I will give my 50 cents. I won't sing hallelujah songs, but I see that the developers are doing their job. The price for the BGL coin will be set by the market itself, the coin is still very young. Anyone who sees the potential now has a good opportunity to buy even more coins at a low price.

There is a grain of truth in your words. But I wouldn't be so categorical. If you compare this project with others, you can see the activity of developers, although they incognito and do not always react promptly. Let's watch for some more time, you can see the other halfving. If nothing changes, then you will be completely right.

I figured out the reason for the constant sales of the coin and the price reduction. The mining pool sells mined coins. Every day the network accepts 14k new BGL, but there is no demand for this, so everything is down and down. In general, it is a surprisingly strange project when developers spend money on different distributions, but do not pay any attention to the coin itself, its weight among the crypto community. The most important mistake from the very beginning is when we received a listing on exchanges without reputation and real trading. It would be better to have one, but a level higher than Digi and Hotbit washtrading. A lot of mistakes, a lot. If the developer does not take any radically new steps, this coin will not be needed by anyone.

This coin is becoming like a black hole. I will explain why I have such an opinion. For a while I was constantly buying BGL. These were not large sums, but I did it as far as my finances could. After that, I noticed that in place of the redeemed coins, new orders for sale are constantly being placed. And so it repeats again and again. I think that those millions of mined coins are being sold, as discussed above here. I have no other explanation. So I stopped buying this coin. A black hole can take away all your finances

In addition to these walls on the exchange, there are millions of coins already mined. The question is, which whale will buy it?

One Whale can eat that wall easily. We need some kind of activity to get attention from the whales.

There's nothing they can do. The coin has no price, a cheap fork that is sold for a small price. No trust, no price.

Dev, are you working on some marketing campaign outside of this forum? the price keeps dropping.

Congratulations to the winners of the node incentive program!
https://bglcontest.bitaps.com/nodes
2021-11-22
Total network nodes: 302
bgl1q3lpjhrj8t038sawqpar29zn0vy850xtqsu56u6
bgl1q7new2c2skgawfrym8dum7uksfq8mwg9wle8cjp
bgl1qlczlwxdh523yg4dr6hwlhhzn7l58sk0859v56r
bgl1qqp0p4lr0cpj5f53f0yld2qyad0gvuceemcg768
bgl1qwcc040fl6qryal9qmlmfs3zs4kc3yram6wcgey
bgl1qnpz57jakh3jfsgc88rzuxn5zurfdwh8nxznx4d
bgl1qkaehmr98cumfqktdjwzyr8x2j5ymklxww2qgr4
bgl1qj0u26q986tkezdd7cxlrsuss0xtgysfu6te65j
bgl1q3k62u5udee274waut0kjp9q90v3d4f4pj6f669
bgl1qtyrm8gsea2zj55506jpgc0w6xfpaqsvqjtum87
bgl1qtsfwfhdlfz789uwvymdky06x6ye92htrf9peuz
bgl1qtncte2jdapmnvnhftn5j2c0pc7yd5g5ckc7lyn
bgl1q3qustucycgtvzyq0le38hm24hgsc9nqpuhe9vj
bgl1quky9gmwj6jhdhxqx6uq9xtesntuex9p9nw6z9n
bgl1q7aa0fmqc0zvnmkt8gajxac0vvcjmu0wyzgn28s
bgl1qkmk72rdusqx28awnkwn6r3t2yhl8nm8uatjpqy
bgl1qvcuj4cd6ldfhwkrxq5j7fnxwvjpzyxe2rjslrj
bgl1qq63upwl6h86ju8ha8fph0njx0djrle99t03xzn
bgl1qqd2lt0twppnccg9lnzce7ngqw3tnhc2vf5fd3g
bgl1q6dz4sxrrjdtyxszruch2gxmy52g0smc95lr9eq
The reward is 550 BGL for everyone.

Congratulations to winner of the transaction contest!
https://bglcontest.bitaps.com/
block # 86837
2021-11-28 10:48
The address bgl1qrywmzv78eeq79upt4p55z4yt8nttzhst9lf0xt (17766 transactions).
The reward is 2750 BGL

Reward txid is  5fce6595ad878b44288f9d1da4988e3a15a30dfb842d6b90b0f6f75a12e7ba03

https://bglcontest.bitaps.com/nodes
2021-11-29
Total network nodes: 305
bgl1qel4dq7ux2vmrh82cruwjgqcv2jfh7u3ty44dnh
bgl1qt9rzqmxsvaxu67l94d66z9l8sc22ryfkpf6nvl
bgl1q68e8jgzgn97w4myc6q38nj4cs5er8uudmhjj4v
bgl1q3tlfg2ryh9rfg6qzh38eytqsu3v0vwjr4e4k8s
bgl1qnkhyfxayd4y93eleknel54ymgwa70q06xz2hcp
bgl1qsuzkc6a7l7expk2k0kl8deuhyz9e6fr9ge87c0
bgl1qtqszp99dxnx807znfqkanjkq4s0fc7fz7ykzwh
bgl1qw82meu070mlzgdxzndhc8slvx5hz5s7v3wn0du
bgl1qgedaykqec6zuud499dw3620e6slzh386w7dlsy
bgl1q9sa8ng4lqapelvw3fh8vn7hh9uvjtyeduxhkzn
bgl1qywhvkw93mz0fhsgqafsfr9rramkyxxea88sesw
bgl1qf6cz66fk8h26d22af45f36lmyush33lhu5r4uv
bgl1qmm40m78w02dr4058elu9hq56zjekndk2rksr8m
bgl1qtncte2jdapmnvnhftn5j2c0pc7yd5g5ckc7lyn
bgl1q5cq4wa0zn6x4ycx6jerwvdzr8hc4fewv2df65y
bgl1qts2m2mj2866e7ep6u237y2ett8jn4l5le03u9g
bgl1qev3gfpk6cvmx72yegm7s2k7xj3n9e88vzshkl7
bgl1qgfrszj9hul9mm55ant8wa46s50use0c45rhg9t
bgl1qdccky450htelpxdwng20twx9g87hpusrveldyw
bgl1q5a0z6qnfeg0fcp25fgset2rg9hfxw4lpkjrc4p
The reward is 550 BGL for everyone.

https://bglcontest.bitaps.com/
block # 87845
2021-12-05 21:53
The address bgl1qrywmzv78eeq79upt4p55z4yt8nttzhst9lf0xt (321971 transactions).
The reward is 2750 BGL

Reward txid is  5d55efc252ca840599925c891fcf74cf8a6dc1173a48c2c715aafe423a681ed3

Yes, I see a rather strange situation. The developer does not attend the forum, does not pay for the node incentive program, does not make any comments related to the further development of the project. These problems and uncertainty about the future reduce the credibility of the project. Therefore, we do not see any interest for investors, we see constant sales of coins at a low price. I will be very sorry if the project really dies.

Even more sales, and this is not surprising to me. Unfortunately, the investors of this project no have to interest even at a price of 4 cents.