I do not understand how the price of XSN still does not rise. They set up a very nice system. It is very important to make a working project. But in order to increase the price, I think we need to have a good advertising policy....
With the current condition of the market, it is not enough for a project to have a working product to attain success. How many projects that have actual and working products that are not even appreciated? There is so much competition in the market. Every single one is promoting their project as if it is the best. Everyone is saying this will be the next ETH, or the next 50x, or the next Bitcoin killer, etc. They need to strike huge partnerships.
Stakenet doesn't aim to be the next "Eth", or the next "BTC". They aim to make cryptocurrencies easier to use for the "normies". They aim to
enhance the user experience of BTC, LTC and any other lightning compatible coins out there. Working products
will play a MAJOR role moving forward, and all the useless forks, will be forever forgotten (Except a few selected ones, like BCH perhaps).
We're yet again at that point in the market cycle where the idea of big gains seems farfetched.
I can remember when people thought Litecoin was toast and that it would never hit $10 again. Of course, it not only went on to hit $10, it hit $100 and almost $400.
What Stakenet is doing is rather foundational and offers a lot of convenience and utility for the entire space. I think it will be one of those stealth coins that stays under the radar until it explodes and everyone wishes they bought cheap like XRB/NANO or ANS/NEO.
The whole crypto landscape will rise in price whenever we move into a bull market again. This time around, we'll not only see the prices you mentioned, but probably even higher prices. It will be good for no just Stakenet, but everything in the market. People just need to have patience.
Agreed. There's no telling what
exactly will go down until it does. No one expected old and forgotten 2012-era alts to ascend last time, yet they did.
With the current condition of the market, it is not enough for a project to have a working product to attain success. How many projects that have actual and working products that are not even appreciated? There is so much competition in the market. Every single one is promoting their project as if it is the best. Everyone is saying this will be the next ETH, or the next 50x, or the next Bitcoin killer, etc. They need to strike huge partnerships.
That's ironic, considering how many high-cap coins there are that do almost nothing different from Bitcoin and how many coins elevated themselves into the top 100 with relatively little to offer.
It is a sign of the times, for sure. In 2017, a website redesign could cause a 100% pump out of nowhere. Now, a completely novel and state-of-the-art service isn't enough to compete with do-nothing forks that have age and market cycles on their side.
Stakenet really is a standout project - namely because it's not trying to kill anything other than maybe poor quality centralized exchanges.
So true, the whole crypto market is still so immature, most projects are based on hype alone, and not on what they've accomplished and built from the ground up.
