SC coin keep dumping - :( - page 5. | Bitcointalksearch.org

vuvanle120

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"Highest ROI crypto infrastructure"

Quote from: Fatunad on July 09, 2017, 04:52:15 AM

Quote from: Gaius Cryptus Tradius on July 08, 2017, 04:13:19 PM

The problem is the coins all pumped more than 10x = 1000%. So now it is just normal that they cool down a bit.

If all altcoins price up because of hype then its expected for a price correction which is already happening now which we can see that most alts as of now are on reds and talking about SC. It gradually going down to the bottom and if you bought it when the price is still high then you will feel the panic on which you would really like to cut losses while the price is continuing to dump but if you do have trust on this coin then you should HODL as long as you can.

For new investors don't panic. What matter the most is when you sell not when you buy. I would see this as a great opportunity to buy more on the cheap side.

Fatunad

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Quote from: Gaius Cryptus Tradius on July 08, 2017, 04:13:19 PM

The problem is the coins all pumped more than 10x = 1000%. So now it is just normal that they cool down a bit.

If all altcoins price up because of hype then its expected for a price correction which is already happening now which we can see that most alts as of now are on reds and talking about SC. It gradually going down to the bottom and if you bought it when the price is still high then you will feel the panic on which you would really like to cut losses while the price is continuing to dump but if you do have trust on this coin then you should HODL as long as you can.

zekeshawn

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Activity: 254

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SC coin keep on dumping maybe because of correction and panic selling is also can be a big factor why it keeps coming down. But if you have trust in this coin and you believe just like how much you do in bitcoin then you don't have to worry. Hold and wait for the right time to sell.

btc_angela

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Quote from: n691309 on July 08, 2017, 12:26:35 PM

Quote from: leyton11 on July 08, 2017, 12:14:37 PM

Quote from: n691309 on July 08, 2017, 07:29:52 AM

Things are going very bad, bought at @750 now the price is at @300s, what's happening guys, why the price is so low and I can say that this is the highest crash that happened to SIA, isn't it? The price is 50% lower than it was before, are really these ASICS mining and selling their coins so they are dumping?

Not, I know ASIC mining SC can't buy at now, you just can order and waiting 2018 to receive ASIC. Maybe, the whale know this news can create panic seller because all people are know Asic + GPU = death price altcoin Grin

I'm not sure what is happening in the backstage but the situation of altcoins is very bad right now, all coins are dumped very much and the volume of 24h trading is very low, not sure if the traders are on holidays since it is the first week of July!

We can only speculate whats going on with alt-coin market right now. It been like this last 3 days or so. Bitcoin already experienced a few dips but already recovered now. Although I see LTC jumping, maybe they are dumping and pumping LTC now. Or maybe investors are cashing it out and enjoying the vacation. Alt-coins should not be affected by the Segwit2x activation on bitcoin so I can't really follow what's the cause of all of this dip.

Gaius Cryptus Tradius

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Hoqu.io – Decentralized Affiliate platform

The problem is the coins all pumped more than 10x = 1000%. So now it is just normal that they cool down a bit.

currypto

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Merit: 135

Sit back, relax, eat some nachos and have a drink.

Like I said, I doubt we will see less than 350. I think we will actually see increase soon, up until August 1st.

spatifilium

sr. member

Activity: 364

Merit: 250

I sincerely hope a different scenario that the price will rise at least to get to positive zero and then sell
But I see that the other altcoin also drop drastically even though BTC is growing

renes

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Activity: 532

Merit: 250

Yes sc coin keep dumping and people always say hold it, yes hold it till it die Grin

Ahmat faisol

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Activity: 243

Merit: 100

Quote from: n691309 on July 08, 2017, 12:26:35 PM

Quote from: leyton11 on July 08, 2017, 12:14:37 PM

Quote from: n691309 on July 08, 2017, 07:29:52 AM

Things are going very bad, bought at @750 now the price is at @300s, what's happening guys, why the price is so low and I can say that this is the highest crash that happened to SIA, isn't it? The price is 50% lower than it was before, are really these ASICS mining and selling their coins so they are dumping?

Not, I know ASIC mining SC can't buy at now, you just can order and waiting 2018 to receive ASIC. Maybe, the whale know this news can create panic seller because all people are know Asic + GPU = death price altcoin Grin

I'm not sure what is happening in the backstage but the situation of altcoins is very bad right now, all coins are dumped very much and the volume of 24h trading is very low, not sure if the traders are on holidays since it is the first week of July!

I also think so whether this is the cause of the price slide but I remain calm and save it for the next few months.
I'm sure this coin will be at its peak again.

burdeN

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Activity: 364

Merit: 255

just hold and wait, I also bought it before dump, but I believe in bright future of this coin

n691309

legendary

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Quote from: leyton11 on July 08, 2017, 12:14:37 PM

Quote from: n691309 on July 08, 2017, 07:29:52 AM

Things are going very bad, bought at @750 now the price is at @300s, what's happening guys, why the price is so low and I can say that this is the highest crash that happened to SIA, isn't it? The price is 50% lower than it was before, are really these ASICS mining and selling their coins so they are dumping?

Not, I know ASIC mining SC can't buy at now, you just can order and waiting 2018 to receive ASIC. Maybe, the whale know this news can create panic seller because all people are know Asic + GPU = death price altcoin Grin

I'm not sure what is happening in the backstage but the situation of altcoins is very bad right now, all coins are dumped very much and the volume of 24h trading is very low, not sure if the traders are on holidays since it is the first week of July!

currypto

full member

Activity: 196

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Sit back, relax, eat some nachos and have a drink.

Quote from: MRlong on July 08, 2017, 12:23:07 PM

Quote from: xmaskit on July 02, 2017, 07:53:47 AM

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Haha, just memes buying and MLM lol! When know the news Asic mining SC released, I sold all SC with high price @800 sat and bid order @300 sat again. And now, very happy with panic seller everywhere and give me opportunity to buy SC cheap price again

I should have sold at 800 too, but had too much faith. I sold at 473 and bought again at 380. I don't think we will see 300 ever. In fact we're seeing some safety net around 350.

MRlong

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Activity: 518

Merit: 250

Quote from: xmaskit on July 02, 2017, 07:53:47 AM

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Haha, just memes buying and MLM lol! When know the news Asic mining SC released, I sold all SC with high price @800 sat and bid order @300 sat again. And now, very happy with panic seller everywhere and give me opportunity to buy SC cheap price again

leyton11

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Activity: 560

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Quote from: n691309 on July 08, 2017, 07:29:52 AM

Quote from: Charloz24 on July 02, 2017, 11:47:02 AM

Quote from: n691309 on July 02, 2017, 09:33:50 AM

Quote from: McWorse on July 02, 2017, 08:53:25 AM

Quote from: n691309 on July 02, 2017, 08:20:18 AM

Quote from: boranes on July 02, 2017, 07:57:00 AM

Quote from: xmaskit on July 02, 2017, 07:53:47 AM

Do you know any reasons why SC price keep going down? Is it good for long-term investment? I like this project but about SC coin, I feel doubting about its future

Panic selling maybe?
I don't know, it seems they are too cheap now, i think it is time to buy some siacoin and sell them later.

I invested in SiaCoin when the price was at @750 now the price is below @500 which hurts me a lot saying the truth, I believe that siacoin will rise later this month (because I invested Tongue

) but the price started to get dumped from Day 1 when "they" introduced the Asics, maybe they are mining now and dumping the price?

Loosing 1/3 of the investment hurts for sure. But you bought on a very, very high level, and maybe this was the right lesson to learn for you, not buying on peaks again, not buying after a x25 rise ...

In my opinion, SC will recover and rise further on. Decentralized storage will be the future for everyone, who won't give his private data into the hands of big, non transparent companies. And Sia is the best competitor on the market by now, with a trustworthy team of developers. The asic will be delivered in march 2018 - as far as I know. So noone is able to mine SCs with it now. I think that the actual drop is a consequence of cashing out profits from the last month, combined with panic sells of the ones which came in too late, combined with a subliminal feeling of uncertainty.
I can't - and I won't - advise anything to others.
But if I where in your position, I would hold the coins.

We never know when a coin is going to get dumped or pumped, so do I, I thought that at that time SC is going to reach 1k so I was ethinking that it's a good time to buy and sell at 1k later but that still didn't happend, but if within a month the price gets doubled (now to 1k) then It's not a problem for me.

Right now is a bad time to invest in crypto for quick profit, so if your intention is X2 quick, forget about it.

BUT, for long term (1-2 years+) it is still a good time to invest. Best advice I can give you now is with a good project like this one, put your coins in a safe place and just forget it for quite some time, you will gain much more this way.

Things are going very bad, bought at @750 now the price is at @300s, what's happening guys, why the price is so low and I can say that this is the highest crash that happened to SIA, isn't it? The price is 50% lower than it was before, are really these ASICS mining and selling their coins so they are dumping?

Not, I know ASIC mining SC can't buy at now, you just can order and waiting 2018 to receive ASIC. Maybe, the whale know this news can create panic seller because all people are know Asic + GPU = death price altcoin Grin

Supercell

newbie

Activity: 32

Merit: 0

Thinking this might be a reasonable bet around 300 if it continues on its current trajectory.
For now I'm sticking with LTC and USDT, cut losses time, HODL and all that carries to high an opportunity cost in this market I think.

Golftech

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Activity: 2128

Merit: 520

Quote from: VanDeinsberg12 on July 03, 2017, 10:41:50 PM

Quote from: whereismylambo on July 02, 2017, 08:56:14 AM

I think the price will dump even further for the next month or so, and will hopefully starting climbing back up again around Fall 2017 and Winter 2018.

Just put your order on the low price and wait your order will be automatically gets execute. I think the next week we will see the bullish trend again and i gonna calculate my profit too. But remember all of coins in the bearish trend now.

wait and start to gain profits, its really a hard time knowing whats the dip but inside crypto bouncing back is always follow, so prepare
and wait until your buy zone got filled up then sell it when you feel you already gaining more not too greedy because correction is always
there too.