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Topic: Blocknet moved 72% the past week. Will it continue? (Read 313 times)

newbie
Activity: 3
Merit: 0
XLite Wallet of Blocknet will be released next month. This will lead and gets into the real value of Blocknet DEX. Hopefully, this time convincing uninformed investors that it will go up will not be hard. And fellas before the end of 2021, my strategy is to conduct small trade. Just like the old saying, "Trade what you can afford to lose." Smiley
member
Activity: 573
Merit: 30
The price speculation is not something anyone can claim expert about. One might say the price will rise or fall then it it goes to the other direction. With the current market situation, lots of people predict the end of this first quarter of 2021 will be the end of the ongoing bull run. Once the bull run end, we will experience fall in most of these major cryptocurrencies.
newbie
Activity: 26
Merit: 0
This post ages so well  Grin Grin

Last year, from January 2020 until February we reach the price of $3.38 from 70 cents. This time will be the same.. Phase 1 of ALTSEASON is just around the corner. Who knows if we see a surge in price again of $57 in BLOCK since the Bullrun we have at the moment carries on the same crypto characteristics of 2017 altcoins hype...
Most traders will try to time their positions (buy low sell high) which is obviously the end goal. However, most profit in trading and specifically DEXes requires volatility targeting or else you will end up buying high selling low.
jr. member
Activity: 362
Merit: 7
I'm curious, are you, GucciBoy and Flux0z the same person?

You all seem to post in each others threads shilling Blocknet.
newbie
Activity: 122
Merit: 0
Price are so volatile due to the low trading volume and its low circulating supply.
According to the graph I found in https://coinmarketcap.com/currencies/blocknet/,it reached almost $3 this month but slowly it's going down.
If you have been monitoring this, you surely can sell at a good return since its price was just less than 1 usd entering this year.

True. It moved up pretty quickly recently, due to it's very scarce supply. Most people who wanted to sell out, already has, so there isn't much available on the sell side.
Have seen a pretty good buy pressure as of lately, probably because of their recent work on decentralized oracle services (XRouter, and XBridge).
hero member
Activity: 2814
Merit: 576
Price are so volatile due to the low trading volume and its low circulating supply.
According to the graph I found in https://coinmarketcap.com/currencies/blocknet/,it reached almost $3 this month but slowly it's going down.
If you have been monitoring this, you surely can sell at a good return since its price was just less than 1 usd entering this year.
member
Activity: 406
Merit: 10
It seems liek it will not continue, just like every other coin in the market, when it pump high, it will also dump hard.
we have big negative today, and that's a bad sign that it will not continue to pump.

Well..... I guess you was wrong buddy...  Grin

let's guess,this coin back again to range $2 just a few hours after dumping,and i am sure some people over there already sell their BLOCK when it happen.
Binance and Idex is NOT a real DEX  Roll Eyes
The nodes on the Binance DEX is owned and controlled by Binance themselves, which makes it a centralized service, Idex has KYC, which makes it completely centralized as well.
As far as I know Blocknet is the most decentralized exchange out there. Zero points of centralization from what I could find.
It's true that the liquidity and volume is low right now, but you're delusional if you believe it's gonna be like that forever  Cheesy
of course, i know that, Binance dex and idex just like a semi decentral for me, and we can see blocknet is totally different with them.
i guess,when regulations totally something cant be avoided,block DX will be favoritable.

Been keeping an eye on Blocknet for awhile, and I thought it would dump as well, but I've seen some MASSIVE buy orders earlier this morning, (10k BLOCK buy orders), so there is definitely some people wanting in on this while it's cheap.
It's old ATH was $55+, and I believe it could easily reach $100/coin due to it's scarce supply.
But blocknet is also facing another dump this day and it looks like that who have already sold at peak price has started to create another buyback again and they are placing such order to show if there was still a huge order to the sell order. It will bring positive impact to the people who are wanna selling their block token.
more than 130% in a week and that's a nice result.

It's too far for blocknet to achieve such digit

There is no reason why Blocknet shouldn't be a top 100 coin, based on the underlying tech, they've been building since 2014. Investors seem to have realized that, and a few oracle partnerships could make this project fly straight to the top, based on Chainlinks success, which frankly is "just" an ERC20 token, which relies on the Ethereum blockchain to function.

We'll see, a dump from here is definitely plausible, but the buy support is pretty amazing around 18k sats, I suspect another push upwards soon.
hero member
Activity: 1638
Merit: 518
well , they need more liquidity for minimalized fluctuation .
the price still bouncing wild since 20 january.
It's old ATH was $55+, and I believe it could easily reach $100/coin due to it's scarce supply.
probably right, as i see on Block rich list, the distribution of coins seems balanced,no ownership exceeds 10% so far.
legendary
Activity: 3108
Merit: 1029
It seems liek it will not continue, just like every other coin in the market, when it pump high, it will also dump hard.
we have big negative today, and that's a bad sign that it will not continue to pump.

Well..... I guess you was wrong buddy...  Grin

let's guess,this coin back again to range $2 just a few hours after dumping,and i am sure some people over there already sell their BLOCK when it happen.
Binance and Idex is NOT a real DEX  Roll Eyes
The nodes on the Binance DEX is owned and controlled by Binance themselves, which makes it a centralized service, Idex has KYC, which makes it completely centralized as well.
As far as I know Blocknet is the most decentralized exchange out there. Zero points of centralization from what I could find.
It's true that the liquidity and volume is low right now, but you're delusional if you believe it's gonna be like that forever  Cheesy
of course, i know that, Binance dex and idex just like a semi decentral for me, and we can see blocknet is totally different with them.
i guess,when regulations totally something cant be avoided,block DX will be favoritable.

Been keeping an eye on Blocknet for awhile, and I thought it would dump as well, but I've seen some MASSIVE buy orders earlier this morning, (10k BLOCK buy orders), so there is definitely some people wanting in on this while it's cheap.
It's old ATH was $55+, and I believe it could easily reach $100/coin due to it's scarce supply.
But blocknet is also facing another dump this day and it looks like that who have already sold at peak price has started to create another buyback again and they are placing such order to show if there was still a huge order to the sell order. It will bring positive impact to the people who are wanna selling their block token.
more than 130% in a week and that's a nice result.

It's too far for blocknet to achieve such digit
member
Activity: 406
Merit: 10
It seems liek it will not continue, just like every other coin in the market, when it pump high, it will also dump hard.
we have big negative today, and that's a bad sign that it will not continue to pump.

Well..... I guess you was wrong buddy...  Grin

let's guess,this coin back again to range $2 just a few hours after dumping,and i am sure some people over there already sell their BLOCK when it happen.
Binance and Idex is NOT a real DEX  Roll Eyes
The nodes on the Binance DEX is owned and controlled by Binance themselves, which makes it a centralized service, Idex has KYC, which makes it completely centralized as well.
As far as I know Blocknet is the most decentralized exchange out there. Zero points of centralization from what I could find.
It's true that the liquidity and volume is low right now, but you're delusional if you believe it's gonna be like that forever  Cheesy
of course, i know that, Binance dex and idex just like a semi decentral for me, and we can see blocknet is totally different with them.
i guess,when regulations totally something cant be avoided,block DX will be favoritable.

Been keeping an eye on Blocknet for awhile, and I thought it would dump as well, but I've seen some MASSIVE buy orders earlier this morning, (10k BLOCK buy orders), so there is definitely some people wanting in on this while it's cheap.
It's old ATH was $55+, and I believe it could easily reach $100/coin due to it's scarce supply.
hero member
Activity: 1638
Merit: 518
It seems liek it will not continue, just like every other coin in the market, when it pump high, it will also dump hard.
we have big negative today, and that's a bad sign that it will not continue to pump.

Well..... I guess you was wrong buddy...  Grin

let's guess,this coin back again to range $2 just a few hours after dumping,and i am sure some people over there already sell their BLOCK when it happen.
Binance and Idex is NOT a real DEX  Roll Eyes
The nodes on the Binance DEX is owned and controlled by Binance themselves, which makes it a centralized service, Idex has KYC, which makes it completely centralized as well.
As far as I know Blocknet is the most decentralized exchange out there. Zero points of centralization from what I could find.
It's true that the liquidity and volume is low right now, but you're delusional if you believe it's gonna be like that forever  Cheesy
of course, i know that, Binance dex and idex just like a semi decentral for me, and we can see blocknet is totally different with them.
i guess,when regulations totally something cant be avoided,block DX will be favoritable.
newbie
Activity: 122
Merit: 0
I don't see the impressive blocknet compared to other Dexs. I used Idex, Binance dex and it's really better than what Blocknet is doing. Blocknet is just a new DEX and nothing makes it possible to become one of the leading exchanges. So now the team needs to increase the volume, increase users if they want it to work well in the long run. We better make a bounty, right?

Binance and Idex is NOT a real DEX  Roll Eyes

The nodes on the Binance DEX is owned and controlled by Binance themselves, which makes it a centralized service, Idex has KYC, which makes it completely centralized as well.

As far as I know Blocknet is the most decentralized exchange out there. Zero points of centralization from what I could find.
It's true that the liquidity and volume is low right now, but you're delusional if you believe it's gonna be like that forever  Cheesy
jr. member
Activity: 196
Merit: 6
It seems liek it will not continue, just like every other coin in the market, when it pump high, it will also dump hard.

we have big negative today, and that's a bad sign that it will not continue to pump.



Well..... I guess you was wrong buddy...  Grin

hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
It seems liek it will not continue, just like every other coin in the market, when it pump high, it will also dump hard.

we have big negative today, and that's a bad sign that it will not continue to pump.

hero member
Activity: 994
Merit: 503
I don't see the impressive blocknet compared to other Dexs. I used Idex, Binance dex and it's really better than what Blocknet is doing. Blocknet is just a new DEX and nothing makes it possible to become one of the leading exchanges. So now the team needs to increase the volume, increase users if they want it to work well in the long run. We better make a bounty, right?
hero member
Activity: 1638
Merit: 518
i dunno , even today's, blocknet still continue climb up to $2 ++ , i just a bit worried if someone try to test his luck by joining the party.
btw this coins seems same like ETH right ? no max supply info on coinmarket data.
hero member
Activity: 3038
Merit: 617

Ohhhhh Its just not a good time to enter yet.  Few weeks ago, its price was less than $1, you may have to wait til the price sinks again. Its not a healthy spike so it will eventually be dumped to leave more coins for accumulation. But certainly this is a good sign for the coins growth in the future. Investors should really be looking into the project. Are they with Defi too?
member
Activity: 406
Merit: 10
72% in a week and you need more right now? I would hope for a retrace before that because rising too much in a short time isn't very healthy and usually makes the retraces even bigger.

It's at 85% at the moment I'm writing this. Amazing, but it moves fast because the supply is scarce, and the marketcap is insanely low still, so the upside potential is massive still.
jr. member
Activity: 196
Merit: 6
Good for you, if you are holding Blocknet, but for new investors please do not invest now, let the price correct and hit the bottom, with side movement. I have learnt my lessons chasing a pumping coins most time would turn you to bagholders for long period, unless you which to take your loss fast

I'm just holding a little actually. However it surprised me it moved so much the past week, and have put a few more buy orders in around 12k sat. I believe it's gonna keep going, as the dump already happened shortly after I posted this yesterday, continued by another leg up, so it's pretty clear that someone is trying to accumulate.

Never buy into a pump though, I agree... Smiley
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
72% in a week and you need more right now? I would hope for a retrace before that because rising too much in a short time isn't very healthy and usually makes the retraces even bigger.
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