TL;DR: Don't worry, we've got this.Okay, we're back, recharged from a 12-hour relaxing break, and ready to do work. We've been working 12 hour days since Friday, so about an hour after releasing Belacam.com last night, we shut down, closed up, and went home for a no-contact period to relax. It seems that the price of Belacoin took a hit last night. We want you to know a few things:
1) The Ambia Fund remains unfazed by the decrease in price. Remember, we're getting our big returns/profits from Belacam, not Belacoin. Therefore, Belacoin has no risk that the developers leave the project because their coins are not worth as much anymore. We launched closed testing yesterday, and this is only the beginning.
2) Through this month, we will be spending thousands of dollars on various forms of marketing. This should help replace Belacoin investors who sold. We are reaching about 93,000 people for every $1,000 we spend. It's very easy to see the Belacoin community growing at an incredible rate as the ads only get ramped up towards open testing.
3) We are waiting to hear back from some great potential partners. With Belacam.com out and Belacoin's monthly volume averaging $300,000 every day through the past month, it is a lot easier for us to make our case to Shapeshift, Changelly, and Bittrex.
4) With Belacam.com entering closed testing, we will soon be reaching out to as many journalists as possible. If we can get an article about Belacam on CNN, Business Insider, Tech Crunch, or other similar media sites, we could actually see millions of dollars added to Belacoin's market cap in only a few short hours overnight.
5) An announcement from categories 3 or 4 above would come out of the blue. We likely won't know ahead of time when Bittrex, Changelly, or Shapeshift will add Belacoin if they decide to do so. Nor would we likely know the exact date of being published on one of those media organizations if we are successful in that area as well. These are events that you wake up to one morning, and if you're holding Belacoin already, then now you're on top of the world. These are the type of announcements that come as a surprise and initiate an incredible surge in buying.
6) Open testing is planned for
the end of this month. Investors see the incredible surge in attention that Belacoin got when it was going into only closed testing. Let's take a moment to imagine the amount of attention we will be receiving when we are one week away from
open testing.
7) We've learned that hard work, dedication, and a respectable work ethic always win. We experienced Belacoin's price decline by half in early February from around .00003400btc to .00001500btc. Then, heading to closed testing, the price increased from .00001500btc to as high as .00006800btc.
It's March 1st, and we've experienced the same decline that hit at the beginning of February. If history is any indicator of the future, we're about to begin the biggest growth period that Belacoin has ever seen. Following a proportionate growth pattern would get Belacoin up to a price of .00015000 or higher by Belacam's open testing.
Just remember, Open Testing > Closed Testing
This post was originally shared in our Slack, which now has 555 members. Join it at http://Belacoin.herokuapp.com to experience a truly welcoming and different cryptocurrency community. Members in the Slack usually get early-bird updates, meaning they saw the Belacam screenshots before we released them elsewhere. They are frequently the first to hear Belacoin news when we have it.