Bitcoin Forum

Hello all,

During this quarantine time I've been researching more and more into crypto as I don't have much to do. However that's not what this post is about. I have this project called Signature Chain I've been heavily invested in since its launch in September 2018. It's what you could say my "hidden gem" for next bull run. My high risk high reward investment.
I was hoping I could get an outsiders perspective of this project. Keep in mind this project is miniscule, 100k mcap, 3k daily volume.
The project is about certifying the authenticity of digital data in an ease of use way, cost effective and almost instant.

One thing I'd recommend is going into their discord to the announcements channel https://discord.gg/Jq3AwT (https://discord.gg/Jq3AwT), or going over to their bitcointalk announcement page https://bitcointalk.org/index.php?topic=5026949.0 (https://bitcointalk.org/index.php?topic=5026949.0). This way it'd be easier to see all recent achievements.

Here are some articles to the project:
Mainnet release article from 2 weeks agohttps://medium.com/@signaturechain/signature-chain-full-mainnet-release-d783fcff0d71 (https://medium.com/@signaturechain/signature-chain-full-mainnet-release-d783fcff0d71)
Even on the wavesplatform site itself https://wavesplatform.com/use-case/5e4d3b4b3985110010515c86 (https://wavesplatform.com/use-case/5e4d3b4b3985110010515c86)
marketing video https://www.youtube.com/watch?v=YgR58B8i9-Q (https://www.youtube.com/watch?v=YgR58B8i9-Q)

Before more people say it: CMC is not tracking data because of lack of volume, Coingecko is accurate data.

Give it a look and please share your honest opinion.

Thanks

I don't know much about signature chain project, in fact I'm just hearing the name for the first time, to say the truth 3k daily volume is extremely low, this means there is not enough demand for the token, I hope you follow the rules of crypto investment that says 'invest only what you can afford to lose'? Do make sure that the team are very active and open to the public too, goodluck

Just stay away because that s a crap coin
https://coinmarketcap.com/currencies/signature-chain/markets/

This coin exist since 2018 and there was no even a single good result from the development progress. If you are looking for an opinion regarding it and that's a shitty project but if you are one of the advertisers from the signature chain i guess you will never hear that.

It's a dead project already just basing on the price on CMC, and why it is no data available? I'm confused, if the project has existed since 2018 then why CMC hasn't pull any data as of 2020? Isn't it a sign that this project is already what we call a shitcoin or dead coin?

I can't even find their github repository, another good indication is to check it out and see how the devs are doing from behind. If there are no updates then that is another red flag, just saying.

Come on I asked to look into it  ;D CMC isn't tracking the data anymore because they want higher volume from the coin to continue tracking it. Coingecko has accurate data. The coin is being developed privately so no one takes the code. Please check the announcements and the dApp itself. Literally 2 weeks ago mainnet released..

Literally 2 weeks ago mainnet release and you say there's no development progress. Development progress is what this project is amazing in, the roadmap has always been followed 1:1 with amazing progress, please like I said, actually take a look and don't judge it simply from coinmarketcap statistics. (which btw are not up to date, use coingecko)

Definitely, it's extremely small, the team is very open to the public, constant development updates for the last year and a half. The project is struggling with adoption.

The coin is not active again looking at coinmarketcap data, with that huge circulating supply it means the project got abandoned and the value is heavily down, just ignore and find other good project

Even if they are doing their best to develop the project, you should not invest in this project because its volume is too small. You cannot make a profit from this project because no one is interested in it, just ignore it and find other projects better, especially you should choose altcoins with large volumes.

This is literally what I told the previous guy too, DON'T view a project through CMC data, it literally says nothing about the actual project. This project is so far from abandoned, for a year and a half there have been constant development updates with the latest 2 weeks ago being a MAINNET RELEASE. CMC isn't tracking the coin, can you not see the literal flat line in the chart? It's just listed there, but there is no actual data tracking being done.

Isn't that what you do with investing though? Invest BEFORE it is in demand, sell AFTER it is in demand. Literally every altcoin has had their low volume/ mcap days, look at the XVG lifetime chart, the exact same as with current SIGN. Except for if you invest in tokens that did ICO's which I personally am not a fan of.

Although they are developing privately, no one is interested in this project. I have never even heard of this project before. And if it has been around for 2 years and there's no investor and volume, then you should give it up. You will only waste time and money if you invest in this project, go to coinmarketcap and search for top projects in this market to invest.

Not much can be expected from this project, moreover they use the waves platform lack of interesting from community. that why the marketcap and daily volume is low.

Never heard of this project before, and now there are many similar projects. They do not die but grow without the care of the community. I think you should not invest in them because they do not care about the price of the token, and you certainly will not get a profit when investing in projects like this.

So here is the link of data from the Coingecko that you have said is an accurate one.
https://www.coingecko.com/en/coins/signaturechain

But upon having visited all their social media platform like telegram and twitter they are inactive since March 30.
Honestly, I have not yet heard this project. Maybe I am still doubted to them and never invest. Are you one of them?

Forget about this project, it's not active anymore, it's a completely dead project, I think it's safer to invest your money on more popular coins, I suggest top 20 coins on coinmarketcap

I agree to the poster above, stay away from all this in active project, if you so want to invest, buy btc, lately I have come to realise that btc and some very few coins are worth investing on, rest are just here to take your money and disappear, better take the advice of members here and save yourself the headache.

Honestly if I see back  history  of this project  it's not give us good results. But we should be have positive thinking. Because market is stand on base of  up & down  prices time to time. So I  am  sure  this project  gives good earnings in future.

Well what I have gathered from most people here is that they recommend investing in the biggest crypto's around. I understand the argument, but also understand this is simply high risk high reward. In big caps there really isn't that much money to be made anymore.

The price is terrible on coinmarketcap and shows a non-serious project. Come to think of it, since 2018 till now is enough time to have good data on coinmarketcap, don't you think? As for my honest opinion, I don't think the project team are serious at all, a project whose team is serious should know that coinmarketcap is the first place potential users will visit to checkout the project, and if since 2018 till now they are not doing anything about updating their data, then something is wrong. Hence, forget about it.

3k daily volume ruin my though on the project, it means there aren't good demand for the token, I suggest you look for another project, get out if you still can right now, that volume is too low

Agree with you, the volume is too low for us to care about and invest in it. And I believe that no one has invested in this project and it seems that the project is dead. It is better to find other projects with higher volumes to invest