Topic: 🔥�� [MAINNET] [UPX] uPlexa ⚡� Anonymity and eCommerce via IoT - page 8. (Read 51057 times)

hello folks, we are alwasy more near at the 1st november... do I have to update or change my miners or is it just the pools?

QuantumLeaper, [26.10.19 16:35]
Somebody was asking about pricing on Discord and what I think about the current valuation. If anybody else is wondering, here is my answer:

Would I like to see a fair evaluation of our project? Absolutely. But I am not dependent on this. If I were to be dependent on our price, our project would cease to exist.
I do plan on eventually being rewarded for my hard fork, considering I value my time at ~$240/hour and am not just investing time, but also money into this project.
However, my main intentions is creating software and services that we very much need in this world. To create awareness of privacy based issues
 and to help avoid censorship and supression.

The way I see it, there's one of two options for UPX to really "moon" and stabalize at a fair valuation, which we are extremely extremely far from.
#1) A true alt market kicks off after bitcoin goes parabolic again (but this isn't consistent)
#2) To create an internal economy by bringing users in to buy and UTILIZE (huge emphasis on utilize) UPX for unique, original, or viable purposes.
This would be like having apps on our services that require UPX to use (UNApps anyone?).

If you take a look at MANA and DICE, you can see their price movements are completely independent of the typical alt market.
This is because they have a solid use case that is explored by those who are not just speculative traders.

It's my opinion that the first option is a huge gamble, and not worth the risk if that is why people are buying. It's our job as a community to show what blockchain can do, not to just invest and "hodl". Unfortunately, that mentality is extremely harmful to both the technologies and peoples involved within this industry.

I agree.
However, if we follow the crypto logic: "when everybody sells, you buy, when everybody buys, you sell".
Then it turns out that it is the best time to accumulate coins.
Even without the FOMO, buying when everybody sells seems like a the best course of action.

Please share your oppinion: When is the best time to accumulate UPX?

I think it is a good time to mine. Maybe people will lose interest because of the price and stop mining. Then we can all mine at a lower difficulty. Before the halving too.
I am not ure how you can say "easily" and 10x is a lot but I think you might be right. Maybe I will match whatever I mine and buy that much more from the exchange.

i am pretty sure and i believe in the project... in this market the prices have non sense, are driven by whales not by the logical... this is a young crypto in a world of iot young, we must wait

I bought a big load between 5 and 10 sats, and my faith in the team and project is not going down at all 

My faith in crypto communities has already been down to the cave for long, so this doesn't change 

The Dev has been generously distributing lots of free coins during the the discord birthday party, people are expressing their gratitude by dumping their gifts. That's what you can do expect from such a nice gesture nowadays... I guess QL won't be caught doing this anymore!


In the meantime, best time for buyers! They'll easily go 10 times their 'investment' from now on. But for this you need some brains

I watch the charts and sympathize with those who bought up to this point, their faith in the project goes straight down.
But let's see, maybe those who buy today, will be able to return their investments at least 2020 or 2021, otherwise why buy...

I watch the charts and sympathize with those who bought up to this point, their faith in the project goes straight down.
But let's see, maybe those who buy today, will be able to return their investments at least 2020 or 2021, otherwise why buy...

Not sure but its buying season if you believe in the project i guess lol

What's going?
Investor left from UPX?
Or team dump on exchanges?

Yes. If we had something like NiceHash for uPlexa then i bet alot more people would come put some hash on.

I think we have to build commumity and make it is easy to get into uplexa, utility nodes and infrastructure, price is something to worry about unless you are trading.