Gent's,
Do not get too worked up about some Traders / Investors in Bitstake. This coin is about the Global trend of Bitcoin and the biggest threat to the banks, Fintech services for the Unbanked. That is what it is all about. If you study Central Banking and the current Monetary System, you will understand the problem that is being solved and how the central bankers are powerless to stop it. Bitstake just aligned themselves in a $Trillion+ industry with no real competition. That is all that matters.
Unless some day trader has a $billion he or she is not going to affect anything with Bitstake. This movement is real and it's global. Soon, once the exchange opens, there will be reservoir of $21Blllion waiting on the other end (and that is just the start. These guys are going global, hence Ripple). You guys are dreadfully, under appreciating the p2p lending services...That actually can/will be bigger for XBS than remittance. There $10mill figures are ridiculous, imo. i would like to see the math that is getting people to that number. Because our team comes up with a lot bigger number then that. And, yes, a few of my guys are from West Africa and India.
So don't sweat the day traders, all publicity is good. Bitcoin and Bitstake are doing something bigger. They are going to help the poor and desperate of the world. I might sound grandiose at times. That is because in the REAL world, this is what I do. I make a lot of $$ but I do it HELPING people in this world, doing things that HELP humanity...These day traders only care about themselves and not the real project here. Hopefully, a few of you see the good that these Bitstake guys are tying to do...
(As far as time tables, I do not make predictions. There will be ups and downs. This is a start up and things take time.)
GLTY
i think Bobsurplus thinks the coin is good and the people and trusted dear wil pump settle price higher again and again mooer pump groups wil do that so the price is high to take a lot of profit also for the back holder not day traders lol we see
Only Day traders. Pumps and Dumps are the what have moved and destroyed the "alt" crypto market over the past few years... while many people were being mostly destroyed a few pumpers became celebs... This is not a pump. This is a human story and a historic moment. (Not speaking of Bitstake, but the global $400 billion in Remittance trend towards BTC). What Bitstake is putting together is ingenious. They are solving problem that helps millions, possible billions. The price of XBS does NOT depend on a Bob, a Doug, or Fred, etc.... The price will be determined by the Tajudeen's, Olawale's and ADEKAnMBI's...
I see this moment as a huge collision of 3 things that are making the PERFECT STORM:
1. The burgeoning bitcoin remittance market
2. Bitstake's ingenious solution to money transfer, and lending for the unbanked
3. The ignorance of the West of global trends, cultures, and economic trends (especially in West Africa). This is the main reason for the price being so low before the launch of the exchange. People do not know or understand the culture and economic trends of West Africa.
These forces are coming together to make a Historic opportunity for people that do their homework.
I am not a hype man. I just see some great opportunities with XBS. If any of you produce or create anything that has the ability to help so many nameless, desperate people, then let me know. I will be there too...
I am not saying Bitstake is going to solve the problem or make people rich. That all depends on the Bitstake team.
Will Bitstake be a "Netscape" or "Internet Explore" ??... Netscape was first and solved a problem but died because Internet Explorer did it better.
https://bitcoinmagazine.com/19870/bitcoin-can-help-millions-women-around-world/http://www.voanews.com/content/kenyan-startups-tackle-expensive-remittances-through-bitcoin/2702724.htmlhttps://www.cryptocoinsnews.com/bitrefill-celery-announce-mobile-remittance-service-no-charge/
