I want your views on why MUE isn't getting more traction. Thank you,
That's a reasonable question.
Fancy kicking off the debate with your views about why?
Sure, I will brainstorm a bit. First I believe that big bittrex wallet which is obviously selling at these low prices is scaring people. If I were you I would move around 8/10 from that wallet out of the exchange. Second which is related to the first one, it's pretty obvious that a large amount of the coins is held by very few people. Third for some unknown to me reason it looks like the crypto community does not value this project except for a few guys, myself included.
Now's your turn.
Bittrex wallet - I didn't really think about my Bittrex wallet tbh, fact is it's just easier for me to keep there, but I'll rethink that though, fair point.
Selling - I have had to sell some recently to help fund some things, not entirely fund them, but just help a little bit towards things
e.g
1 BTC for the ROKOS integration
here3 BTC for 3 month rental of 60mh GPU rig & 0.5 BTC for 4mh rig
hereSold some MUE at the higher rates to stick in a buy wall at 60 sats, which soon got eaten up, but I also pulled half way through (see above)
I "may" have sold about 1 BTC worth of MUE the past few weeks, compared to the probably 5 BTC I have bought in the past few weeks to invest in the project.
Distribution - from
https://chainz.cryptoid.info/mue/#!richTop 10 40,512,579 MUE 46.19 %
Top 100 78,730,988 MUE 89.76 %
Top 1000 86,929,062 MUE 99.11 %
All 94876 87,714,040 MUE 100 %
I think that is reasonable distribution, but also take into consideration inflation, see
hereCrypto Perception - Yeah true, but honestly their loss. The majority of the crypto crowd want to jump from one pump and dump scam to another.
Let them carry on doing that.
I set out from day 1 to do things differently. If it takes 10 years before people have ran out of BTC from all their ill judged investments then look for a decent bunch of people running an honest project with long term sustainable and equitable goals, then we'll meet up with them in 2026
I don't know what the future holds, but the current team wants to keep looking to the future, we have no plans to bullshit people, now or ever, and will continue to build what we think is a project that will be fair, inclusive, sustainable and stable.