Since August the price has been up ~250-300% from €0.07 to €0.25 and has been steady around €0.20 even amidst the hard fork dip. I think it's doing well. I wonder at what price people jumped in?
Just because you bought in when the price of rise fell to shit doesn't mean it is doing well. It has dropped from an average of 10k to 12k down to what it is now hovering between 3.5k and 4.5k.
I can understand why a lot of people are feeling angry over this coin for being dumped so hard. Hopefully it can claw its way back up to where it "should" be.
It might seem like to you its up 250~300% because you bought in when the price was at shit levels, but most people are still reeling from a 50 to 70% loss from when it was at 10k ~ 12k and this isn't helping the reputation of this coin.
Thanks for clearing that up! If you turn a 50-70% loss, I can totally understand that you're disappointed and angry. I'm not disregarding that at all. I bought a batch at an even lower price than I stated before, so my average price on this coin is pretty low. That's indeed why, from my point of view, it's doing well.
But on the other hand, even if you bought in at 10-12k, posting all negatives here doesn't help, but hurts your investment. The coin seems to be clawing back up and found a stable point for the moment. That's my observation and I was wondering why I'm reading that many negatives all of a sudden. Maybe calling it "doing better" instead of "doing well" is a better choice of words. It looks like the project is gathering steam with the new developments and project launches. To me that's a positive.
Of course, if someone has info on the CURRENT changes and developments and think we should stay away from this coin, please share. We all want/need to know that.