So what is you price expectation for the next month/s?
I think it'll settle in the bottom of the top 100 once the rebrand and other developments are initiated. Hard to guess a price in btc terms... I have no idea where btc will be two months from now.
I have a high degree of confidence that VOX isn't a pump and that it will find a floor at this level... likely higher. A few weeks back I wanted to voice my concern about the VOX price steadily dropping, so I shared a lengthy thought on the slack channel (pasted below > yes I pre-edited and saved it). I didn't save the CEO's response but if you go to the slack channel and search any phrase below you'll be able to find it easily. Essentially his response was "you're 100% right, we agree with you, and we have a handful of items in the works that will bump up the price, erase old baggage, and make this a technically impressive project". Since then there have been discussions about smart contracts, rebranding, and additional directions. IMO this team is experienced, has good governance, and has the financial backing to go the distance.
Here is my post on the Slack channel.
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Hey guys, I want to try and initiate a “difficult” discussion. If the community disagrees with me I won’t press the issue. If anyone attacks myself rather than adding to the discussion that is fine… that person imo would be simply revealing his or herself to be an asshole . So here it is… It seems that no long term community members are concerned about the voxel price and I don’t think ignoring it is the best strategy. I’m referring to market cap, not the voxel priced in bitcoin. I know how market dynamics work and don’t want to get into alt to bitcoin correlations or similar discussion. In my view the voxel price does not represent the coin’s true value. It should be (easily) a top 100 coin TODAY. But there is undeniably significant negative sentiment towards the coin for various reasons. I’m bringing this up because even though the dev team is kicking ass on development (HERE’S MY POINT) poor voxel performance and associated negative sentiment does damage to the overall brand, creates perceive incompetence of the team (even though that is unfair and false) AND negatively effects adoption of the games. I live in Toronto and know some long term crypto heads, including guys who are eth insiders and retired before turning 35 with 8 figure net worth. None of these guys are interested in the Voxel or any Voxelus products. Their opinion is tainted simply because of the voxel’s poor performance since inception. When I bring up the new projects I hear, “Those guys might be making the best game of all time but I don’t care. The coin is garbage and there are plenty of good games out there.” So even though I think that development should be the main priority I think it’s time to admit that the Voxel performance is becoming an issue that needs to be addressed. How to address it you ask? I’m not sure but I think we should talk about it. The devcasts were a great idea and they were the reason for the run up in June, but this alone isn’t “doing the trick”. Maybe efforts to promote online or making Korean language articles (now that UpBit is up and running) could help? Sounds silly but maybe admitting that the low market cap sucks but “we’re in this together” will help. I still think that a second smart contract token (call it VoxTime) that uses proof of work (using the Voxel) will do the trick. If users buy and hold the Voxel to mine VoxTime, then they won’t be selling the Voxel and the marketcap will increase. The Voxel would be the first coin that is used as proof of stake for a different blockchain… a milestone that would help the crypto community recognize how great the Voxelus team is. Anyhow… I had to get this off my chest. My apologies for the lengthy-ness of the post.
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Since I have your attention... I also really like GBYTE (thanks Marc De Mesel) and think that LTC priced in BTC is a good buy (because the ratio is currently 38:1 and I was at an investment banking event last week that was promoting a massive fund just about to open that allocates 40% btc and 20% ltc, so 2:1 ratio).