Here's a good analysis of the AMA: https://www.reddit.com/r/waltonchain/comments/7nthp7/my_thorough_analysis_on_the_recent_waltonchain/
Future looks very promising for Walton, glad it dipped for a bit. Finally decided to jump in, and glad I did.
So why has price become so low right after AMA? You may find right moment to buy, but imho that drop is really concerning and significant.Future looks very promising for Walton, glad it dipped for a bit. Finally decided to jump in, and glad I did.
The problem with the AMA was the language barrier. People thought it was disorganized...unprofessional...they didn't understand the questions etc...The team is aware of the concern it caused and will work to improve the next session. The point the writer makes in the above post, is that people missed most of the key takeaways, which are very significant. A dip now is not a big deal. The roadmap is solid, and once people figure it out, it will skyrocket.
Not only that, but they also hinted at scenario where mainnet may not be ready in Q1 but Q2. If you consider that they've over-promised and under-delivered before on mainnet, their credibility is likely starting to take a hit. Plus you figure, in the crypto world, a whole quarter is a decent amount of time where significant money could be made, and people get impatient.
Additionally people were waiting on a bithumb listing coming in the near future which would've been SURE to pump the price but due to Korean legislation that's on hold for at least 3 months.
All that said, personally I'm not worried, I prefer the price stay low so I have more time to accumulate. I'm not really concerned about the culture barrier, it's an Asian crypto and the huge demographic of businesses that they deal with will be Asian. With time they will be just fine with the western world (or at least as good enough as they need)
