Thank you for an amazing swing. I am now more bullish on this than ever. Lets look at the facts.
1) Pure VIDZ is a legitimate project. The ICO was done properly with the escrow. The DEV has followed through with development and updates for over 2 months now. The project is going according to timeline and plan. The website is completely functional and is as good as the beta was proposed to be.
2) The market cap at 1k sats is only 1 million. I can show you 10 coins that are over 10m+ marketcap with 0 development
3) Every single demographic community now knows about PUREVIDZ. I have seen it being mentioned in the Russian, Romanian, Chinese, etc. groups. This is the first time I have seen a coin at this marketcap get this much publicity.
4) We have broken the all time high record for legitimate market activity on Yobit. Yobit has never before seen a coin go 500 btc+ on legitimate volume. And me and you both know at least 30% of the crypto world wont even consider making an account on Yobit. Wait till trex or ccex.
5) The new dev is completely transparent well spoken and looks to have great integrity. There are a thousand scam coins which have ended worse than this one with the devs dumping and running. If the devs controlled as much as they do they could have sold out $200k USD on the market and crashed it completely but this run down was minutes AFTER the post was made and the chat box started realizing.
6) THE MOST IMPORTANT POINT - The new coin will be swapped and burned with VIDZ. So what does that mean? PUREVIDZ is already in plan to be rolled out by the 15th. Now the new dev seems completely competent and we are waiting for his proposal - but if his project gets a lot of demand, THE ONLY WAY TO BUY INTO THE NEW PROJECT IS BUY BUYING VIDZ.
So wait.. we have a legit coin at just a 1m marketcap that the whole community knows about, and its supply is about to get burned even more?? And theres a new project with great potential and the only way to buy into it is through buying the limited supply VIDZ??
FROM A TECHNICAL STANDPOINT
If you guys pull up the logarithmic chart on Blockfolio in the maximum timeframe (1MONTH), you will see that this run down was pre-empted by two shooting stars which showed pressure above 2k however this is an extreme bullish hammer and the uptrend on the long term timeframe is still perfectly maintained.
Best of luck guys. We are buying. We are watching. 400 -900 is discount. Watch what happens by FEB 15.
did you calculate everything in regards of buybacks? in my opinion its not worth holding vidz. I like the site yes but the coin i dunno, i calculated how buybacks will affect the coin and stuff and i dont see any grow in value soon
Sorry please clarify what you meant by buybacks.
On the 15th of VIDZ the next version of working beta and prototype BOUNTY system will be released