Topic: Historic Cryptogenic Bullion thread - CLOSED - page 30. (Read 286609 times)

Well said Mark!

"Tell me, readers, how would you convince an investor to buy a 'stock' that was down 80%? Easy: you would cogently explain that that stock is undervalued.

Okay -- is CryptoGenic Bullion presently much undervalued?

Yes. Here's why:

cryptographic currencies remain emergent. The first significant price rises were sharply reversed, late last year, by the hostile regulatory environment put (suddenly) into place by the Chinese Government.

Now here I add a detail that is easily confirmed by a modicum of research: all coins except Bitcoin tend to (a) drop further than Bitcoin does when Bitcoin drops, and (b) rise, in the mid-term, more than Bitcoin does when Bitcoin rises. Those in the crypto sphere readily comprehend the reason for this:

Bitcoin has enormous potential, but the 'altcoins' -- such as CGB -- have even more.

That potential is being realised by the day at this point, 'post-China-Attack.' Again, analysis of the data will show this: across the spectrum, the quality altcoins are beginning to pick up value, and will continue to.

So, is Crypto-Genic Bullion down 80% because it's rubbish? on its way to the grave?

Here's a challenge, reader:

drop into the community -- Bitcointalk CGB the Investors' crypto -- and you'll find the answer.

Not a bit of it!! The coin is thriving."

Mark Blair, Unicup, Western Australia

I'm not sure just how positive that article would be.

"Since we last wrote about CGB it lost about 80% of it's value."

How positive does that sound ? And it's the truth too since in dec CGB hat a crazy high.

+1

Wouldn't it be nice to get a new article (current position cgb is in and it's 1 years anniversary) on yahoo finance or an similar place. I think this would give cgb a lot of positive attention just like in nov/dec last year...

Congrats to thokon00, winner of the Private Key Contest! We will be announcing the 3rd contest soon, stay tuned! https://bitcointalksearch.org/topic/m.7248101

elambert, USA

Think on this,  snatchmonkey (it is in my article 'mark blair market oracle bitcoin whales'),

we may yet take some solid blows -- government regulatory hostility, exchange collapses -- but the 'base of the pyramid' is far far broader than it was during the spike last year.

The on-da-street feel HAS CHANGED ENTIRELY!!

Guys, yes, me a noobie to cgb -- but 14 months 7 days a week in cryptos. I s#*t you not, ABSOLUTELY THIS SECOND IS THE TIME FOR EVERY CGB-ER IN THE WORLD TO PUT THEIR SHOULDER TO THE WHEEL. Check the bitcointalk necronomicon. Coins are dying like flies.

Theorists looking back in twenty years will say this:

'2013 was the year it really all began. Then the Chinese Government Attack set it back a good deal. But look at the data, students, by mid-2014 there existed the combination of the overcoming of The China Thing and a fabulously rapid increase in adoption. It was at this point that The Big Divergence in the alt coins became clearly evident. The dross coins went to the wall. The sound coins found their feet.'

Every percent in market cap that this community gains in just the next ten weeks -- okay, five months  -- will quintuple over CGB's life span.
Mark, Australia

+1

up 44% today according to coinmarketcap.com

I think we have seen the worst of it already

Don't miss the boat guys...

And many thanks for all that made efforts contributing and with that adding value to our CGB's. We got a long and pleasant road ahead of that I'm very confident. 

8th and final piece in the Private Key Contest has been announced on Twitter! Get assembling! Good luck!

elambert, USA

Thanks !

yes just leave the wallet open for the first few confirmations to ensure it gets on blockchain, you can mousehover over the transaction and it will show how many confirmations are left until they are returned.  I open my CGB wallet once a month/when i remember to stake.

 

Yesterday was the first time that I earned interest which I thought was pretty cool.
Something that is not so cool is that my entire balance is now under stake and my balance is 0 ?

How do I get my CGBs back to balance so I can use them if needed ? Will that happen by itself ?

Snatchmonkey,

to dig deep now is to triumph.

Mark, Australia

Purely speculation of course It is a tough time at the moment for many alts, it was the same towards the end of last year when bitcoin was starting to gain momentum then. I'm also not sure that we aren't still feeling a residual sting from the Mercury Stills sell off earlier this year.

The correct attitude I think is as you say, to not pay too much attention the price point at the moment, except of course as an opportunity to increase your stake. It is difficult though of course, it is only natural for investors to be concerned over loss of value.

For my own part, being heavily invested in CGB and seeing the value diminish so much over the last few months, I have to say it has been reassuring to see the dedication exhibited by the CGB Core Team. I see no reason as yet that we will not be reaching new highs this year.

Someone just bought the 6000+ CGB sell wall (oh how I wish it had been me!) I'm surprised it took so long, but the recent increase in volume bodes well for us I feel.

Loving your enthusiasm PSD, that goes for IMZ too, must be infectious... I usually just lurk. Keep it up!

Interesting! Thanks for the analysis snatchmonkey. It's interesting to keep tabs on the market and wallet movements, but it's also exhausting and time consuming . I wonder how long it will be until highly specialized and automated tools become available to scrape trends and hints out of the block chain. I expect privacy tools will advance at a similar pace.

Although I consider it to be one of the chief motivators (value) for what we are doing with CGB, I personally have stopped looking at the price on a day to day basis. It's only when I go to add to my position that its kind of nice to see it's still easy to rake in. I believe that in such a free market, actual demand should eventually correct downward manipulation (if any). This is the momentum we are building for CGB.

Regarding the current price point, it looks to me like a lot of CGB is being bought up at 0.00037250
Whenever the ~900 CGB buy order gets filled, another one goes up shortly afterwards for a similar amount in the same spot.
Manipulation perhaps, with the 6000+ CGB sell wall keeping the price down. If this is the case then hopefully we will see the sell wall come down when they have bought enough. I wonder if it might be the person who owns this address: http://blocks.gotcrypto.net/address/5ookF5Hb25mJ3pvpkPEtybcRNBzBJsgimy which looks like a long term holder who recently decided to move 10k+ coins somewhere.

Private Key Contest clue 7 of 8 released on Reddit!


elambert, USA

The world's first 'crypto mall' will open, in Australia, on CGB's birthday.

 It will encompass an unprecedented array of information and services in one place.

IndiaMikeZulu aims to 'embed' Crypto-Genic Bullion in this project.

It is the logical extension of the 'Crypto Network' structure, which grew from the Crypto Town Project.

I implore (a) Australian CGB-ers to succour us, and (b) any other CGB-ers who could assist with, say, helping Klutzo Boy to figure out a Wordpress site, to come forward.

Next: CGB will have its first 'store front' merchant within two months. The notion is one we have been working on for ages:

a 'facility' is put in place whereby a sum in fiat -- say, $500 -- is available if a merchant needs to sell CGB in order to pay a fiat-currency amount.

The Crypto Mall (cryptomall.com.au) will eventually incorporate a 'clearing-house' -- same technology as an exchange -- that will serve this purpose for the 5 or 10 or 20 cryptos in use at the Mall

Finally, I received a call this morning from a Local Government Small-Business Officer -- not Richard Keeler -- who had some information for me.

How times change!!

 I sent him a copy of the 'E-Tour' article.

Mark Blair, Australia
CGB: small coin; big talent

Private Key Contest - puzzle piece 6 of 8 announced on Facebook!

elambert, USA