By now, what we witnessed from Solaris project.
- Its launch
- Simultaneously swap and change algorithm from Nist5 to Xevan.
- Switching from Proof-of-Work to Proof-of-Stake.
- Lots of version of Solaris wallet for different operating systems.
- Changing signature codes (from first wave to upcoming one).
- Txbit.io exchange (to come).
Congratulations, Solaris community.
Need to say more? With just this seven lines all people should understand the potential of this coin, how much is undervalued right now and how much you can earn in a very small time frame. If someone don't understand it and he is not a noob, well, i have a bad news for him.. you're not ready for this world and you are not ready to catch opportunities.
Solaris isn't undervalued. It is the dump created by miners and masternode owners who decide to sell for peanuts meaning not much of a profit really at current prices. It was mentioned before miners have to take profits to cover cost of electricity blah blah blah but soon profits from mining Solaris won't cover even the electricity not talking about ROI. Same with masternode owners. Same with nearly any other coin on the market.
Call it a correction, call it whatever you want - as long as this or any other coin is simply dumped for a quick profit before someone else sells crypto markets won't recover. The lowest price limit is the edge of profitability. If Solaris is still profitable to be mined at 3$ a coin that will be the lowest limit and it won't drop any further which is where we are heading now unless the peoples sick minds change.
Crypto was supposed to be an inviting investment. Why would someone invest in any crypto while prices constantly dip?
I said 3$ may be the lowest limit but I forgot about two things - difficulty and hasrate. Once the price drops again miners will move to other coins. The difficulty and hashrate will drop so for a short moment profitability will improve allowing miners to sell for even less and this can go on forever as long as people can make a quick buck.
Change your thinking all of you miners and masternode owners. I have been mining Solaris for 3 months now and is seems like a joke not a profit at the moment. I am more of a trader making sometimes 50x more a day trading only. Start thinking it will never recover if everyone dumps. Respect your hard earned coins and yourself. I don't know if you believe crypto market will survive but I do - only if the attitude to it changes. No one will invest in a dying project. Not Solaris. Crypto in general.