This video is definitely worth watching, especially if you are interested in where energy and automotive technology is headed in the next 10-15 years. It also confirms that SLR is the BEST coin to HODL long term, because by the year 2030, we can expect that 100% of worldwide energy production will be solar!!!
https://www.youtube.com/watch?v=2b3ttqYDwF0
I know renewable energy and electric vehicle are the future. but how far, how long https://www.youtube.com/watch?v=2b3ttqYDwF0
((with such a small market like cryptocurrentcy (specially recently). it's too easy to control some small marketcap like SLR or some others.
so sad that ... even btc is being controlled.
anyway,
(, I really want this project to rise and wellknow, and success ofcouse. one of the very best idea out there.Maybe for now the price can be manipulated but that happens because the majority of SolarCoin owners are cryptocurrency day traders and NOT solar pv owners. But we KNOW that solar pv production is going to skyrocket in the coming years, and since SLR is free to pv owners, then that means that soon the majority of SLR holders will be the solar community and not the day trader community. And the solar community will have a much greater desire for the long-term success of SLR especially since they get ongoing regular grants twice a year. It is only a matter of time before the price is dictated predominately by the solar power community and not the day-trading gambling addicts who dump all their coins because either (1) they're bored or (2) they just found a new up-and-coming coin that they want to put all their money into.
Just be patient. Everyone I convince to buy SLR, I also convince them that this is a LONG-TERM buy and they should hold for 5-10 years or more (the year 2025 is the target I have in mind, especially in consideration of this Seba video). Long-term SLR is one of the BEST bets in the cryptocurrency world. SLR should see at least the $20-50 range 5-10 years from now, and very possibly it will be sooner than that!
I take it you are new to this thread. Check my prior posts. The price will always be a day trader controlled. There is no other reason to buy SLR other than Profit, anyone claiming wants to sell to offset their Solar investment. Buy low sell high. Were the coin to get distributed then it would take off. One thing that could happen is what is called a Swap of Coin. 33 Million get reduced to 33,000 or 330K. The market cap stays the same. No difference in price just less coin. But now the claim coin is more intrinsic. It has much more power than the Market Cap. Since it can sell and crush the buy walls then any day traders must supplement the claimers now. It may lower the price for a while but this would incentivize people to claim since there are only 33K coins.
I listed other ways to make this go viral with Manufacturers selling their glut of old panels for SLR. Then people buy SLR to get old panels and the median price point now shifts to meet that demand. It may not be super high but it would be much higher and sustainable for sure.
yep, I'm might be the new, (can you give me your prior post link? couldn't find it)
but price seem not to be always controlled by trader, it's controlled by invester. included trader and long term holer.
and yes, the only reason some invest on this is profit. but there're few more reasons, just like me cause I hope this project to be well known, so renewable can be wide spread, might help the world gets better, might be....
in my point of view, just dream big ^^
You can click on my posts button to see others. But I think this one sums it up...
https://bitcointalksearch.org/topic/m.24825869
This seems like it would be a great idea: to sell older outdated solar panels for SLR since as CryptoNick points it in this older post "It costs these companies more to recycle them safely than sell them".
Now imagine if the Manufacturer buys a ton of SLR and then starts offering the Panels for sale. They will make silly amounts of money.
just like bitman selling the mining machine for bitcoin or bitcoin cash
price would be pump so hard :')))
I believe SLR's price would rise, but not in that way :v
)))