GameCredits Speculation - page 4. | Bitcointalksearch.org

Majormax

legendary

Activity: 2534

Merit: 1129

Quote from: jeffthebaker on April 28, 2017, 11:30:54 AM

Quote from: Periodik on April 27, 2017, 10:17:32 AM

Ahh so reason why GAME went down instead of moving up as what more predicted. It is because MobileGo ICO failed to fix the GAME investment option? What is the update of it? Is it fixed now?

Price dumped due to overload on crowdsale servers at start of the sale. Price reached ATH and subsequently fell back down as people sold when they saw the MobileGO sight out of operation. Problems have since been fixed, and price is rebounding. I expect it to continue to increase until day 6 or 7 as people are still jumping to buy in during the first week. Lull in price/volume for next two weeks and another rebound last week as 10% GAME bonus goes into effect for week 4.

What do you think the effect will be , during the next few months, from Game to be sold after the crowdsale ?

I know the stated intention is to sell privately, not on exchanges, but it will depend on the level of demand even so, and the amount is open ended (1.5 Million so far, but has no upper limit)

Johnny00

hero member

Activity: 896

Merit: 553

Quote from: Majormax on April 27, 2017, 04:50:37 AM

Quote from: JohnUser on April 27, 2017, 03:52:29 AM

Quote from: Majormax on April 19, 2017, 03:16:41 AM

Game price has had a good run, but acceleration in price always leads to a reversal. Long term trend still good however.

Look at the long term trend line : price is far above that, and will start to drop back soon, probably just before the Mobile Go ICO. A lot of the Game subscribed for MobileGo will be sold back into the market, so there is going to be a substantial dip in the next 6-8 weeks.

My rough guess :

$1.1 by April 25th.

$0.55 by May 25th.

$0.85 by July 25th.

$1.3 by September 25th.

1st one was correct. (1.08$ if I remember). No sure about second one, when the ICO will end they should start marketing (that's what they said).

After the Crowdsale the first effect on price will be the sale of Game which was subscribed to MobileGo. This is 700000 after 2 days, but I would not be surprised to see it at many millions.

Marketing will impact on price late in the year.

I am thinking I may have been optimistic in my guesses, but am still looking to buy more Game around 0.0004 (c.50c at prevailing exchange rate)...depending on how the Crowdsale turns out. There are always some unexpected issues in these projects !

Those GAME will not be sold on the one market. Private investors. GAME won't go below 60k satishi

SkrillexLegit

member

Activity: 74

Merit: 10

Oh the price of din grows so stubbornly and long that there is no end to it

Starkz

member

Activity: 91

Merit: 10

I'm more interested in the mobilego currency because it's used for in-game microtransactions vs gamecredits which is used to buy the games. Can see lots more developers offering free to play games with microtransactions than pay to play in the mobile market space.

oaks05

hero member

Activity: 770

Merit: 501

il prob hold off buying into Gamecredits until i see what games are at launch i keep hearing 300+ but i only see a few games when i search but if they can just grab a 1% share it would be a huge success only time will tell.

jeffthebaker

legendary

Activity: 1526

Merit: 1034

Quote from: Periodik on April 27, 2017, 10:17:32 AM

Ahh so reason why GAME went down instead of moving up as what more predicted. It is because MobileGo ICO failed to fix the GAME investment option? What is the update of it? Is it fixed now?

Price dumped due to overload on crowdsale servers at start of the sale. Price reached ATH and subsequently fell back down as people sold when they saw the MobileGO sight out of operation. Problems have since been fixed, and price is rebounding. I expect it to continue to increase until day 6 or 7 as people are still jumping to buy in during the first week. Lull in price/volume for next two weeks and another rebound last week as 10% GAME bonus goes into effect for week 4.

Periodik

sr. member

Activity: 1022

Merit: 256

Ahh so reason why GAME went down instead of moving up as what more predicted. It is because MobileGo ICO failed to fix the GAME investment option? What is the update of it? Is it fixed now?

Majormax

legendary

Activity: 2534

Merit: 1129

Quote from: JohnUser on April 27, 2017, 03:52:29 AM

Quote from: Majormax on April 19, 2017, 03:16:41 AM

Game price has had a good run, but acceleration in price always leads to a reversal. Long term trend still good however.

Look at the long term trend line : price is far above that, and will start to drop back soon, probably just before the Mobile Go ICO. A lot of the Game subscribed for MobileGo will be sold back into the market, so there is going to be a substantial dip in the next 6-8 weeks.

My rough guess :

$1.1 by April 25th.

$0.55 by May 25th.

$0.85 by July 25th.

$1.3 by September 25th.

1st one was correct. (1.08$ if I remember). No sure about second one, when the ICO will end they should start marketing (that's what they said).

After the Crowdsale the first effect on price will be the sale of Game which was subscribed to MobileGo. This is 700000 after 2 days, but I would not be surprised to see it at many millions.

Marketing will impact on price late in the year.

I am thinking I may have been optimistic in my guesses, but am still looking to buy more Game around 0.0004 (c.50c at prevailing exchange rate)...depending on how the Crowdsale turns out. There are always some unexpected issues in these projects !

JohnUser

hero member

Activity: 1022

Merit: 725

Quote from: Majormax on April 19, 2017, 03:16:41 AM

Game price has had a good run, but acceleration in price always leads to a reversal. Long term trend still good however.

Look at the long term trend line : price is far above that, and will start to drop back soon, probably just before the Mobile Go ICO. A lot of the Game subscribed for MobileGo will be sold back into the market, so there is going to be a substantial dip in the next 6-8 weeks.

My rough guess :

$1.1 by April 25th.

$0.55 by May 25th.

$0.85 by July 25th.

$1.3 by September 25th.

1st one was correct. (1.08$ if I remember). No sure about second one, when the ICO will end they should start marketing (that's what they said).

elegant_joylin

sr. member

Activity: 826

Merit: 254

The price might still go up due to Mobile Go ICO in April 25 due to additional 7% discount if game credits was used.

trollercoaster

legendary

Activity: 1050

Merit: 1001

I would be surprised to see it fall below $0.70 I still think it could reach $1 before the live demo, lets see.
The next 24 hours should be interesting Cheesy

The Yorkshire Pudd

newbie

Activity: 29

Merit: 0

If the price broke the $1 mark to $1.10 the coin will struggle to dip under $0.90 again. The support here will be huge for the day traders swooping in. It would really need bad news to drop signifigantly down to $0.5. Always people who reach a target price and take profits accounting for swings. Maybe get a little more swingy with miners who insta sell rather than hold but that's nothing major.
I can see 1 bad news event but highly doubt it will happen and that would be for the crowd funding of the store to be poor. I can however already see a lot of support for the crowd funding and this makes me think we could have a good news event in this area. Over support / massive interest and investment will carry over into a increase in the game coin. Could maybe see $2 by start of June with such large interest.

jeffthebaker

legendary

Activity: 1526

Merit: 1034

Price is rallying due to upcoming MobileGO ICO, as Game receives 7% bonus. As such, I think it's fair to assume that prospective investors are buying now, rather than later. While I'd like this rally to continue forever, I think it's only realistic to assume a bounceback once MobileGO sale starts on the 25th. Personally, I'm going to put 1/3rd of my GAME into MobileGO, hodl a third, and sell a third. Will most likely purchase more GAME near end of Mobile ICO when price is most definitely at its relative minimum.

xcajun21

sr. member

Activity: 742

Merit: 252

The market cap isn't quite significant for such early stage? Think that is along the size of other huge coins...

Majormax

legendary

Activity: 2534

Merit: 1129

Game price has had a good run, but acceleration in price always leads to a reversal. Long term trend still good however.

Look at the long term trend line : price is far above that, and will start to drop back soon, probably just before the Mobile Go ICO. A lot of the Game subscribed for MobileGo will be sold back into the market, so there is going to be a substantial dip in the next 6-8 weeks.

My rough guess :

$1.1 by April 25th.

$0.55 by May 25th.

$0.85 by July 25th.

$1.3 by September 25th.

The Yorkshire Pudd

newbie

Activity: 29

Merit: 0

To throw a potentially happy huge curve what if this service grows to the point where Apple or google play want to basically buy this store? We know the big guys prefer to buy their competition out rather than compete...
I Wonder how such a buy out would work?

xcajun21

sr. member

Activity: 742

Merit: 252

That's a real vantage point, that the purchase itself converts to crypto via credit card. My main favorite game is vainglory. Purchase thousands of skins and heroes. Think about the opportunities. It just broke 72000 as of now.

Beside games. Could you purchase apps?

trollercoaster

legendary

Activity: 1050

Merit: 1001

Looks like it's approaching $1 I think we can do it in the next 24 hours if the announcements continue Cool

a29654

hero member

Activity: 546

Merit: 500

$5 in 2018 is a realistic possibility.

The coin has usage, great development team and will be having over 10,000 games accepting it

charli838

newbie

Activity: 27

Merit: 0

To me GameCredits is the most undervalued coin by far.
The team is one if not the best out there, involving successful people from the gaming industry and people who knows how business works.
They have the knowledge, skills and connections to really push their product to mainstream, which is a 100 billion $ market.
And they have an actual working product that brings so much benefits to both gamers and developers.
They act more than they speak, I love it. No bullshit and big words to look fancy, they always deliver.
This is absolutely your ticket to the moon. Hodl as long as you can, you wont regret it Wink

Topic: GameCredits Speculation - page 4. (Read 7674 times)