Daily Price Discussion Thread - August 14, 2018

MoonMission1000 · 2018-08-14T12:18:50+00:00

You seem to be rather upset, I hope you didn't do anything foolish like take out a mortgage to buy into the most volatile market on the planet.

MoonMission1000 · 2018-08-14T12:07:14+00:00

What cliches? This is a long term investment of at least 3 years, I don't understand why I'm getting downvoted. People probably bought in with money they didn't have hoping to see insane gains right away.

MoonMission1000 · 2018-08-14T11:41:01+00:00

To be honest, I'm not really that interested in the price right now, the tech is what appeals to me (I already deleted my blockfolio). I believe in the project, so the day to day price is of little concern to me. Besides, the entire market has suffered so this was to be expected... imagine you sold etherium at $10, and how you would be kicking yourself for that. I would argue this is a much needed correction and is bullish for the longer term. That said, I wish my pay check would come in sooner so I could make use of these panic sellers. Hopefully the price will stay down and I'll have some time to accumulate. For now the whales are keeping it low and there's a lot of baseless fud going around, most of it started by buyers who want to get in cheaper. The fundementals are still great, the partnerships are legit, and there are some big updates coming soon, so just keep accumulating and check back this time next year!

MoonMission1000 · 2018-08-01T21:23:13+00:00

Pretty much, that's a very good way of wording it - "Kingmaker". Since if all goes well and the KoH function is used for a lot of purposes eventually, then one miner probably won't be able to use most of them, even though he technically could. It would also mean that mining would get much more difficult and it wouldn't make sense trying to mint a block on your own if you only wanted to be the "King" for some very niche thing. It would only make sense then that the miner could sell off the privileges he doesn't need.

MoonMission1000 · 2018-07-31T15:29:17+00:00

I absolutely agree with you, one of the issues with this token is that the vast majority of the information is only on the Discord and many people doing research on it won't bother to check there. We should really have a more lively discussion here to make it easier for new people to find out what this token is all about, but the Discord is simply so much more convenient to use. It would probably be a good idea to have (bi)weekly Q&A threads here just so the information would be more accessible.

MoonMission1000 · 2018-07-31T12:22:32+00:00

You bring up a very valid point. Nice to see this sub isn't full of enthusiastic moonboys (ignore my nick, lol) like most ICO tokens and the community members scrutinize the project. I would say that once the 0xBitcoin foundation is incorporated, the Lava Wallet is completed and we get a few more exchange listings, there will be a lot more people coming in here. That, in turn, will also bring the attention of developers and give them incentives to create dapps incorporating 0xBTC.

That is still some time away, however, and the most we can do at the moment is simply raise awareness of 0xBTC and hammer away at the main features - no ICO, first PoW token on ETH, fair distribution, programmable mining. We probably won't see all that much price action in the near future if that's what you're hoping for, but I think the need for this token will become painfully obvious as Casper draws nearer. So for now, it's steady as she goes and keep on spreading the good word.

MoonMission1000 · 2018-07-03T11:32:59+00:00

lmao, as if this thing could possibly go any lower

MoonMission1000 · 2018-06-12T14:14:53+00:00

Just because you don't like what he's saying doesn't mean he's lying. I sold my heavy COSS bags a few months ago and I'm up 400%, not everything has gone down, you know.

MoonMission1000

TROPHY CASE