Is there any progress going for the App ?
As much as I love Geo I think the app will be released only pre-summer with the way things are going, unfortunetly seems like we will miss out on this altcoin boom and possibly we will suffer through bitcoin correction ;/
What boom? It's steadily climbing up, what more do you want? An artificial retarded pump? This is the best way to have a good steady price. Since November it has done nothing but climb.
The only way to trade Geo is to btc, so I don't really care about the $ price as it is a result of the Btc-Geo pair...; I know amount of bitcoins I owned pre-october and clearly there is a misbalance. In btc terms since October-November it was a steady lose -
https://gyazo.com/d3a2fe3a12dc78991d5d41c3353913cbAnd what boom? In terms of satoshi price everything is outperforming Geo at this moment -
https://gyazo.com/cdddbeef52e74a8e221563abcc262abb https://gyazo.com/bc37031479e1a1865c8ac2b9d738b9b5 ; past 3-4 days were huge for altcoins; if not today's gains Geo would probably remain one among biggest losers since August. I am not looking for artificial pump, but been adding Geo since September/October and I begin to question if project is moving fast enough to remain competitive in crypto space with other projects.
Geo Milestones over past 3-4 months:
1) Bug fixing and beta testing of the app in October (tho app is not going to be out for at least another half a year...?)
2) Mid October we were informed "we're currently finalizing coin specs, rate of inflation, planning a swap date" - to which we still do not know the token spec, inflation or details on what happens with tokens outside of bittrex/cryptopia - are the part of the new blockchain and is there way to re-introduce them?
3) Website! - I actually really like this as project had no "face" before and a lot of information was spread all over, now it's easy to read everything in one place, but then again - all assets already existed and it was copy-pasting onto a webpress form.
4) Established communication with bittrex/cryptopia... we get an update once every 2-3 weeks which sounds like "I sent an email to Bittrex" after 2-3 weeks we get back and update "Bittrex wrote back!"; Now it seems that we are repeating the story with Cryptopia, last week there was information "we contacted cryptopia", i can nearly bet that next week there will be post "Cryptopia answered!". Its great things are moving forward, but maintaining communication with a business partner is not an achievement.
5) New video being created - first rumors we heard back in October which makes it over 2 months for one video. I had my share of experience in webdesign and video compiling and if it really takes that long to make one video I am really afraid if we are going to see the app in 2018.
I do believe Geo is undervalued, but under condition that app is around the corner and there wont be further delays with swap that was meant to occur early December and is postponed to late January.. I did my best to protect Geo price especially over past month, but I'm out and I hope someone else will take my spot