What price increase? Is it on a new exchange?
lolllllllllll just the shills praying for new fish to bite.
Aurora is at an all time high of under 5 dollars now. And that's the pioneer of all national coin models.
The whole national coin scam is over. Only the devs with their dumped premines will profit from here on out.
Good luck sheeple, and I hope you stocked up on plenty of kleenex tissues.
Aurora hit 14-15 so im not sure what ur talking about lol.
Aurora hit 100 dollars. And steadily and rapidly decreased down to 1/10th its value, and never looked back. So what's your point?
Are you inferring that greececoin (which is just another clone bringing nothing new to the table) will somehow rise to the same levels as Aurora
after investors have seen how this fiasco has played out with every other national coin?
You're essentially saying that a person would willingly board a cruiseship sailing through the polar icecaps after already watching the Titanic on dvd 5 times.
The only thing left in these national coins now are nothing but bagholders screaming HOLD and praying nightly for some pump group to bail them out of the inevitable. You may be able to profit a bit by spending hours each day hedge trading, but that's about the best you're gonna get with these scams, as they've been
whored to death.
But you're too blind to see that the only real winners in these national scams are the devs holding the premine.
then your original statement was false. "all time high" is just that.... I was just telling you I saw it around 14-15 which was 2X greater than your statement. Thats all, just a correction, calm yourself kid.
Apparently your sarcasm meter needs some calibration. The 'all time high of under 5 dollars' was an obvious jab at a dead horse. We all know aurora went to the sky overnight and fell hard to the earth only a few days later.
But then again, that's usually what scams are. Just huge market bubbles.
I would say your partly right. I do believe some coins fail because people dont do research and believe every person they see who screams "sell!" After all, these coins are only as good as the amount of user who use and believe in them.
Exactly. The problem with national coins now is that everyone else is just trying to ride the coattails of aurora. Which will never happen, because aurora was the first of its kind, so it created the initial hype. Aurora was essentially the 'bitcoin' of national currencies. Now the market is simply oversaturated with these 'national coins' and devs not even from the country trying to turn a quick buck.
Heck, I can guarantee you coinmarketcap will stop listing them soon too. Because the entire premise of their huge premines being factored in to the market price is laughable. I mean can you imagine if coinmarketcap allowed every single one of these national coins on their list? The 80 percent of the list would be comprised of national coins, knocking off actual legitimate coins with real innovation and usage. It's just getting to the point where it's borderline ridiculous now.
I hear you. although, if 50% of these coins actually landed in the hands of a particular countries citizens, I would think that would only boost the value. Especially if the citizens actually endorsed them. But in the end, before I invest any substantial amount I want to see a new coin from the ground up completely custom.
The fundamental 'wishful thinking' of the coins are actually quite good. I mean, we'd all love to be free from the constraints of fiat currency. However, it's simply beyond unrealistic to think that an entire country and its businesses would adopt something like this. It's just not reality.
Unless you are a huge corporate vehicle with a huge national funding campaign along the lines of a presidential campaign (meaning tv ads, news interviews, local rallys, etc etc)....there is absolutely ZERO chance any of these national coins can be legit.
Most everyone in a city would laugh at the prospect of downloading a 'virtual currency' from an anonymous source while having to jump through a million hurdles just to be able to use it in real life.
Then again, most people in these threads don't like to face reality. It's mostly all about the buy and flip on these forums.