it look like it have good chance because no premine
but also looks like it is being dumped hard.... why would price magically rise after POW ? I'v seen too many coins die miserably after POW
looking for something to mine with my 1 available GPU. which will not disappoint me
@SalimNagamato
-Any innovation in this coin ?
Roadmap is in OP.
Feel free to join or not.
-Why would price magically rise after POW ?
No one knows.
I do not see this coin go anywhere, massive amounts of coins are being dumped recklessly. The bidders cannot bear the weight coming down on them.
Massive? hahahaha. I would say peanuts are dumped. What is positive is that there are certainly couple of whales waiting for some low price dumps and I know the patience of whales is infinite unlike dumpers who want to make quick money. I'm also miner but when I see how cheaply miners are dumping, it really makes no sense to waste electricity, I'm just waiting for some low price dumps. The real big game usually starts after POW ends if the DEV doesn't die in the meantime haha. DEV dead = coin is dead. From my 1 year experience I can tell you that once those big buy orders are filled, you can expect huge relentless pump which might take days. I have always been pissed off that whenever I dumped low, the price started to rise. Whales are playing this psychological game for purpose, they make you loose nerves and dump even more at even lower prices.
Lol. This happen to me always.
Anytime i sell at 3 satoshi,a coin rise to 4.
If i sell at 10k satoshi, a coin rise to 11k.
This happen to me 99%
Too much was already bought in the 2's and 3's range, this will be a revolving door for a long time, it will not surpass 37.
Hopefully it stays above 1 BTC volume if not Trex will kick the coin to the curb.
If not for these sales, the coin would have had no volume so far.
Well,stronger hands always win.
I have sall a big amount when price crashed to 19 satoshi thinking was the end.
The day after price went to 30 satoshi.
So,i made a 50% loose.
I'm not a good trader.
EDIT: i have sell when volume was 0.6 daily. the day after my sell, volume goes up to 1.2 btc.
Sometimes it's better if i watch movie instead smoking and drinking hours in front of trex. It generate panic.
For every buy, there's 20 sales, best time to get in is when it trades sideways, for now anybody buying will just catch a falling knife.
You're right.
But why there are so many buy order,or at least a good amount?
Why some put 1-2 btc at once buyng this coin? I don't think they will risk so big amount for nothing.
I have seen sometimes 2-3 btc buy order appear and disappear.
What does it means?