that 750Ti thing will push price down to 3500 or 3000
yeah right, blame a GPU model for the demise of a coin.
Christian
say what you like ...price is going down
Stay calm, don't panic - this is a turbulent, negative week for digital currency news from China and a MASSIVE 10%+ drop in price for BTC TODAY alone.
This is a long term game, not short term, more power for this 750Ti just gives even more incentive for GPU miners to get involved, and there's only been small drops/fluctuations in price, when it drops, people, myself included are buying it back up for under 4000sat. But the sales are a TINY fraction of the MASS (extra, comparatively) amount of HVC being mined daily now - the real bulk of miners, even the new GPU powerhouses are holding 90% of what they are mining.
What this coin really needs is more marketing, I believe this is coming next week from SyRenity who will be coordinating marketing activities and promoting the coin to exchanges and getting publicity out there - fact is we have a great, really strong coin here with some fantastic features. IF we can get some marketing going and real press, real publicity and get the word out there then whatever price were at now, 4000sat/5000sat, whatever, will pale in comparison, mining will explode 10-100x over the summer IF people really find out about the cooler chips and mining advantages over LTC and as the ASICs come in to mine LTC
This "battle" isn't about the day to day rise and fall around 4000-5000sat, it's about mass publicity and coin recognition, and then establishing the coin as strong, resistant, reliable over the summer months.
You can also reassure yourself here with the depth chart (
https://cryptrader.com/charts/mintpal/hvc/btc) - great guy support, sure, a wall at 5000sat, but I couldn't care less if its 4000 or 5000 right now as I'm holding on till its $0.30 before i take anything out, and then holding the remainder of my 300k HVC right throughout the summer and beyond, I'd love to see HVC up there in the top 5 at the back end of this year, but its a marathon, not a sprint.