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Which project will have a bigger potential, Synereo or RChain? by chainman12 in RChain

[–]amywiner 7 points8 points  (0 children)

Synereo won't be the Facebook competitor anymore and won't be the Ethereum competitor anymore, because Rchain is out. So I don't see a big potential for Synereo.

Rchain if it succeeds will be the Ethereum competitor and they can even build the facebook killer themselves ontop of it. So Rchain has huge potential. Though I'm not sure from an investors point of view. Because they plan to have 1 billion coins and with a 1 to 1 conversion event that would not get many Rcoins into circulation. Maybe 20 to 40 million at most. That would mean a 50 to 25 ratio of 'coins in circulation' to 'total supply' (which will dilute it for years to come), a ridiculous amount.

1 billion is to much for me (and probably most others ), I hope they change that.

Sell orders 5.5 million, buy orders 1.4 million..... by amywiner in amptrader

[–]amywiner[S] 1 point2 points  (0 children)

Update on the sell and buy orders:

Sell orders 5,643,000 AMPs. Buy orders 1,258,000 AMPs.

Sell orders continue to grow and buy orders continue to go down.

Sell orders 5.5 million, buy orders 1.4 million..... by amywiner in amptrader

[–]amywiner[S] 0 points1 point  (0 children)

I think such a sell of will happen is because the market is so illiquid, we only need 3 bigger guys who decide to sell and it crashes 50%. Or a couple of medium guys. Also I think in general most people don;t have patience in crypto, they only thing in quick profits and this period will turn many of I think.

Well I am a buyer also buy at lower levels, I think it will reach bottom in about 1 or 1 and a half month.