34 MaxCoin $ 1,019,186 $ 0.044787 22,756,272 MAX $ 9,772 -1.93 %
Problem is inexperienced traders' belief that once they bought something and that something afterwards lost value it means it sucks. First of all, before you buy you should
investigate if it is the right time to buy and if answer is yes then decide how much to buy. With MAX, way too many invested too much BTC at the peak or near it and now
somehow MAX sucks? MAX miners are stuborn as well, not only because most are still in 1gh pool but also for dumping too much coins. If there is less demand then supply
price will go down, with price going down it becomes unprofitable to mine for some and they jump off the train. Difficulty adjusts downwards, repeat until equilibrium is found.
But what many here don't see is MAX difficulty and thus price can from this point on go up very easily. Difficulty is around 15k that is nothing in terms of hashrate available
in the wild. Difficulty was already at 120k but it can go up
a lot more anytime. Basically, question is if you will invest (more) now or wait to see if difficulty and price jump
will occur. In the second scenario, you will highly likely make less profit % then in first scenario. Price can double or triple by the time you manage to just login to exchange.
If at the point you wanna buy-in for 10 or more BTC well that won't be easy, you'll pump the price up a lot yourself and end up with much worse average price then if you
had 10 BTC buy order filled at current prices.
High risk = high reward
If you bought early for too much BTC well it might be a good time to man up and admit you have no fucking clue about investing. Maybe to actualy learn a thing or few on
topic instead of bitching here?
Here is the design for a physical 1oz 999 fine silver maxcoin "cryptobullion" round that will have a face value of 50 MAX. The coin will feature a tamper-proof security hologram overlaid on the centre on one face of the coin, underneath which the maxcoin private key will be sealed. To redeem the maxcoin, you will simply peel off the holographic sticker and load the private key into your maxcoin wallet. The hologram will self-destruct upon removal to ensure the safety of the maxcoin within.
This "cryptobullion" product allow investors to simultaneously gain exposure to both cryptocurrency and precious metals. Both of these assets hold true allodial tittle (if you hold it, you own it) and have zero counterparty risk. If precious metals outdo cryptocurrencies, or vice versa, and you have invested solely into one or the other, you could leave you stranded. But an investment into physical crytobullion will perform well if either asset appreciates in value.
The latin phrase "Defendit Numerus" translates roughly to "Safety in Numbers". Or in this situation, safety in *honest* numbers. Cryptobullion could potentially be the ultimate safe-haven asset. This project will be listed up on StartJOIN in the coming days for anyone interested in preordering a physical maxcoin cryptobullion round (or two, or three).
https://i.imgur.com/AqjRuRZ.jpgWas there some contest for coin design? I mean, I can make you much better looking coin for free and there are few around here who are skilled much more than myself.
Check
https://bitcointalksearch.org/topic/closed-design-a-physical-bitcoin-contest-is-closed-289668 for some designs, you won't find any of mines because I removed them when OP started acting up (no payout).