Amazing coin, purchased only 10 at 0.50 and wishing had bought more.
Without a fully functioning product just curious why the price has increased so soon?
Please excuse for any lack of knowledge. I'm aware of the project, idea is great however assumed due to everything being in development stage the price wouldn't move to far so soon allowing me to gather so funds to invest..
Can we expect the price to dip again, i'm trying to decide if now is a good time to get a few more..
thanks
The thing is not a fully functionnal product, look at Top 100 and tell me how many coins have a product (not even full final product, only a product).
The price increases because of the tech and the problem it will resolve... (still, a test product will be released soon
and also bigger exchanges soon, only Kucoin for the moment has decent volume (cryptopia a bit...), and this coin has a low circulating supply...... Means low quantity available on each exchanges )
The team is awesome and Top Class too, Bruno updates us very often, they are very professional.
This coin has everything for having its place on Top 50 market Cap. And the potential market is absolutely HUGE !! People noticed this and they are coming in big waves for its potential.
We can expect a correction (for every coins at any moment), but nobody can tell you precisely... Only thing we can tell you is that the price will rise much more.
In fact, its very simple, its up to you, can you take the risk the coin explode and you miss this price, or can you wait for a potential dip...
Because the price can have a correction very soon, and you will win a bit, or it can happens when the price will hit 5/6/7/8/10$, and potentially will not reach the actual price of $3. Some people waited for a big dip since few days... Without success and it has still only $200m (real) market cap, that's absolutely NOTHING...
I expected a bigger correction with the BTC rises, and..... not, it flew all above (Don't care personally I bought 70k coins at average $0.03
)
In any cases, even at this price, it's a steal and it will rise so much more, even if there is a correction
You invest in a tech for long term, if you are here for short term, I don't think it's the best place actually.
Appreciate your response and for clearing out any doubts. The project is interesting and can see many uses for it especially for businesses. It just went to 2.80 for an hour before rising back above 3 again. I'm investing with very low capital so simply trying to decided the best coin to place funds in for a good return as the higher the price means a smaller position.
Beginning to see the use of oyster more and more, encyclopedia websites will be easier to finance, businesses involved with high data usage, visitors, non profit organizations etc..
Is it safe to say we can reach 3 figures once up and running and in full swing, perhaps by q2 2019.. i'm guessing 3 figures at considering the Supply amount..
anywayBest wishes to you all for the new year