Bitcoin Forum

I don’t get it. ICO sold pretty fast, they are delivering on their roadmap,
are listed on coinmarketcap, you can sell and buy on the gameflip platform...

What’s wrong??

well likely there isnt anything wrong, apart from the rought weather we are experiencing ever since the btc sell off began. The only thing it gameflip needs is the ulitisation of the token in its first mobile game. Quite likely they are already working on that since i think they announced a collaboration with a gamestudio a few weeks ago. As soon as people get used to using the token in a game it will likely get its well deserved grow, better then just pumping a coin without substance.

Theres nothing wrong with it but just an ordinary price decrease not only happening to this coin but on most coins in the market as of now.As i have seen on recent price it doesnt dump its price literally which its still holding on 0.04 usd came from ath of 0.05+ usd which still a good price.
Ive seen this platform is game based but i actually believe this isnt soo much demand and wont be good for long term just as other similar platforms i do encountered before.

Most likely nothing bad happened and the current decline is associated only with the general fall of the entire cryptocurrency market. As bitcoin begins to grow, Gameflip will start to grow after him.

First there is no demand. Investors do not believe in GameFlip. His comite is very weak.

almost 97% loss from ico price
its really not good
i just suggest dont try to buy it
also market just hitbtc as i see.

ICO price was somewhere between roughly 20 and 60 cents, I got in at 17 cents on the last day of ICO. Since then I bought the sh&t out of it on HitBTC without an issue, so that’s no excuse. Demand is almost nonexistent. So you think it’s due to current market conditions?

oh yeah ?
so this is wrong ?
https://cdn.pbrd.co/images/HtVnrsJ.jpg

or i got wrong info
because i just see on icobench ico price is $5 / token.
that why i worried because price soo droping.

Because there are lots of "game" and "gambling" platform and no one have real massive usage with thousands of real users. They all will be falling in the long-term without partnerships with big gaming industry players or massive marketing. Maybe with BTC growth, they will bounce with the market.

Yep, that’s wrong. They airdropped 6.58 times the initial amount bought at ico.

I agree, but are there a lot with a working business, millions of users and millions of revenue already?
Yes, there’s Opskins with their wax token but they got buttf$$$ed recently, when Valve stopped allowing trading of their items.

But can you tell me about how much price for each flip token at the ico stage? it will be very interesting to know more about that. it looks like the token price is much lower than the ico price.
I know this one from the ico drop. But there is no gaming platform that even released their product and that makes the market being scared.

IIRC it was 200 flp/eth without bonus. But they didn’t burn the unused tokens but distributed the whole 43.2 mn by airdropping them to ico buyers. So in the end it was roughly 1500 flp/eth. And you got a massive discount by paying in btc bc eth skyrocketed.

Maybe it's better to sell it soon before it falls too deep if it stays on hold and hopes to make a profit in the future it's probably not possible to decide now and grab a coin in rank 10 in coinmarketcap and secure your assets.

Oh, I’m not selling, I’m buying.

there are not too far off two thousand projects vying for attention. the odds are extremely high that most will die. just because something exists does not guarantee anyone will care in the slightest.

hype ain't logical. there are totally solid projects no one cares about. there are broken and stupid ones that are hyped to the heavens. follow the hype.

That’s pretty short term thinkkng in my opinion, bc the broken and stupid ones are going to die first. If you plan on day trading or short term investing, yes, I agree. But for long term, nope.

peercoin and namecoin are both well developed and extremely established projects that introduced great ideas. that puts them leagues ahead of most in terms of overall soundness.

and these days they're nowhere.

ripple is not a cryptocurrency that hasn't achieved anything in nearly 15 years of existence. yet there it is at the top.

not enough people care about whether a project is actually any good. it needs a whiff of mindless hype.

Ok, agreed

as long as you're not overextended, are fully prepared for total oblivion and you believe in the project then it's worth a flirtation. there are projects that came back from nothing. litecoin looked deader than a dead thing and went 200x.

the people who buy in the doldrums when the spotlight's elsewhere are the ones who get rich provided the coin goes places of course. and many more who did the same and lost it all.

i wouldn't be betting the family home.

Thanks for your opinion bro.
Fortunately I got enough cash :)

simply the friend reports the right but in fact the hitbtc has custom to list certain coins even without the consent of the d = his dev as in the case of bos but in fact even if this his has no demand niguem be interested in advertisement people want products but as promise does not indicate reality the trend will fall even more as hitbtc manipulates their prices

HitBtC manipulates the prices? Really??

I think it depends more on the general situation of the altcoins, it's not a very good time for cryptos, we have to wait for the market to regularize a little to start analyzing the coins, and  I can see personally in different forums of gameflip that they are having many problems with customer service and scammers.

Most of these sites have their issues with scammers and you’ll find enough people having issues with customer service.
Search for gameflip reviews, they’re not bad at all.

It would matter on his own preference on what step he would made but no matter which way he would go there would always 2 outcome which is losing and profiting.

I believe on this part where it is just a common scenario that can really possibly happen to a certain investor. For those who risk out and who believed would be awarded but this is only for those coins who pump out and those person who bought on the dip but this is not always the case do happen.

Gameflip is a venture capital backed company with decent revenue making profits, existing for like three? years?
Now following their roadmap getting developers on board to actually making use of their token.
I mean, what can go wrong when the next bull run starts?