If anything I think the price is being held down. Probably keeping it as low as possible pre-etf and Gemini
Bingo. Finally somebody talking sense. But for how long? |
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Besides Drak and Peter Todd, who else involved in via?
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Hey dreamers, is it dead? Too high inflation? Too much greed, scams, bullshit, hardfork Gavin-bloat? Nobody buying bitcoin above 160$. The only pressure is sellpressure. So you clowns tell me now:  And if it's dead. Why? Why would i buy bitcoin for 200 - something bucks when i can have Litecoin maybe later for 40 cents? Yes it's dead. Don't buy. See ya! |
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The scene was different back then. Now there are a lot more altcoins fighting for relevancy today. So there's a big chance via will not become relevant. I mean Dogecoin, which is considered a 'joke' currency, is in a better position to become relevant than most altcoins due to its social following.
I can agree that it was different, but it has something in common. If you look closely, coins which are fighting for relevancy today are pretty much the same (as numbers). I'm not saying that VIA will be relevant.. I'm saying that people will eventually learn their lesson and that lesson is to stop giving value to s*itcoins. At the end... some of the coins which are fighting for relevancy will succeed, but in the mean time a lot more people will be distracted from cryptocurrencies. EDIT: Doge is dying.. no question about it. I won't disagree. But if Doge is dying, then what more via. EDIT: And with talks going around that Drak pocketed the IPO all for himself is true, then some couldn't help but classify via as a scam s*itcoin. Something which I fear will fudded for months to come by the same people who invested in the project at the beginning. I think Drak being quiet and just letting the issue die down is a good move in order to protect himself and this project. |
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Despite the fact that BTC is being hoarded and yet the price is going down means someone out there is keeping the price low.
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 "Abyss" next. A multiheaded dragon... Cool. |
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Sad but there will be no "things start looking good again" VIA at 2k soon. Have a nice day VIA holders  Next time try to look on something closely. Some of us don't need to be taught and they can make the difference between coins for daytrading/fast profits and coins for long term (yes, that concept still exists). Cryptocurrencies such as DarkBlackAnonDogeCoin will always be valued more, until most of you learn their lessons. The scene was different back then. Now there are a lot more altcoins fighting for relevancy today. So there's a big chance via will not become relevant. I mean Dogecoin, which is considered a 'joke' currency, is in a better position to become relevant than most altcoins due to its social following. |
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Re: Bitcoin prices fall $250 --> $240 where next ? $500 ?
lol.  |
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You seriously bet money on Bitcoin being below 100 in 10 months?
I hope you did not bet a lot lol.
You shouldn't rule out anything. 6 months ago, I wouldn't have dreamed about Bitcoin being sub-300, but we are there now.  We were going down from a pump started by Gox and the Chinese trying to move money out of the country, but before they pumped it Bitcoin was already stable above $100 for months. Dream on 2 years ago nobody expected it to go above $500 and it did. Bitcoin went from being worth less than $1 to being what it is now. It won't disappear just like that, the technology is real and is here to stay. Sure. No one is trying to undermine the tech. But then this is the market, it could go down to 50 usd before rising up above 300 again. Like you said no expected for it to go from 1 to where it is now, but then again the downside is also real since BTC is being traded in the open market. |
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Satoshi could be OP trolling us.  |
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You seriously bet money on Bitcoin being below 100 in 10 months?
I hope you did not bet a lot lol.
You shouldn't rule out anything. 6 months ago, I wouldn't have dreamed about Bitcoin being sub-300, but we are there now. This. I was one of those people who was super bullish on BTC. I never expected it would go below 500 usd. And only to find out that the price surge to 1000+ usd was caused primarily by the Willybot. Unless Willybot 2.0 goes online soon, I do not expect BTC to go up that far in the near term. |
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I'm thinking something significant will happen to force the price upwards at some point this year and it'll be well on its way upward before most even know what is going on. People have forgotten how insane this market can be when it wants to change.
Hopefully this is the case but we have seen some good news recently that should have raised the price and it is still the stuck, which i might add is not a big deal to me because i have time to get some more end of the month. I am one who has forgot the insanity that this market can bring i have actually found it quite boring recently. OP i think we will see it again but not any time soon and i believe if it comes it will be legit so will be exciting times. It could take decades. Take at the max chart of the Nikkei. http://finance.yahoo.com/echarts?s=%5En225+interactive#%7B%22range%22%3A%22max%22%2C%22scale%22%3A%22linear%22%7DSeeing that, it sure is possible BTC could follow the same fate. |
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Bro
I'm a bit tipsy, but again this is general idea
Drak has worked on VIA and he is continuing to work on VIA. He didnt bail. THE so called IPO was actually a PRESALE. So far the tech has been delivered, and he is delivering constantly.
Being a presale, all the funds are belonging to him, and he will use them as he sees fit.
Also, if you guys feel that VIA is a lost cause, then please drop your bags, I'm waiting to buy even more bags at 300 satoshis because i believe in the tech, and if this goes anywhere, the Risk/Reward is huge. I can fucking spend $1000 to invest in a project and not give a shit. This can easily go 10X if a company accepts its blockchain or something crazy like that. So i'm willing to risk 1K USD to make 10K USD. if you cant, plz drop bags and gtfo
This. Enough is enough. Dump now and leave. Just come back if things start looking good again. |
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Generally anytime you have panic selling , no matter is undervalued at the end of that panic cycle... buy when there's blood in the streets
But how would one know when to buy? What if I buy now, and it goes below 200 and stays there for another 1 or 2 years? Wouldn't that money be better invested somewhere else? |
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Let's do some math:
Mastercoin marketcap: 11, 394BTC
Counterparty marketcap: 11,099BTC
Both coins rely on Bitcoin blockchain.
Viacoin's current marketcap: around 1,830BTC (10 million coins)
610BTC for development purposes
Once BTCDrak implements the Clearinghouse protocol, BOOM!
At current price, there's still room for 6x to 10x
-- after looking back on the forum there was a bit of a misconception going around... but everyone was too hyped on the pump to correct/clarify...convenient...still should be obvious that the community gave/purchased to/from BTCdrak, 600btc, and he can do what he wants with it...like gamble with cobain and the crew on bitfinex and this is worth resurfacing I think I will begin buying at about 3k sats
such a baller call Get it every time Gogogo keep buying at 3k sats! Very good call indeed. sidhujang, all that 3 BTC volume on bittrex all from you?  |
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VIA would start looking good if bought under .00001 btc.
Fudders keep fudding please. Let it fall.
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If yes, when?
Yes. When Willybot 2.0 is online. |
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Like Drak already said, the IPO money is his own money. He never said he was going to use it for development or advancing the coin. He had the presale just because 1) he doesnt work for free and 2) he thought this is the only way to have a fair distribution of the coins. Basically when you bought the IPO, you bought the coins that DRAK was selling you. It was a presale, not a crowdfund or a fundraising or anything else. Basically you paid that guy $360K for VIACOIN. Although he did use some money to hire Peter Todd and continue to work on the coin. I think the only reason he is still around when most other altcoin devs have left, (besides the obvious reputation hit) is because he isnt depending on the price of VIACOIN. HE already had gotten the money from it, so right now he is like a kickstarter developer. All the money upfront, so he can stay and work in peace without having to worry about wtf2do and hype/pump the price. Thats as clear answer as you will get. Drak wont come and say this with these words because he is more diplomatic in his aproach, but that is the general idea. So bottom line, those 600BTC IPO funds, as soon as the IPO ended were his own money, not the project's money. You gave him that lump sum of money and he can do as he pleases with it. He obviously used some of that money to advance Viacoin, hire Peter Todd, and continue to work on various VIA related projects He is continuing to work on VIA, aka he didnt leave the coin or bail from the project, and he will probably continue to spend as much money as he needs on various new things that will be needed Thats all there is too it, and to be honest, i am not sure what else do you want Drak to say about this matter. TL;DR 1) IPO money is drak's own personal money 2) IPO money is not exclusively VIACOIN project money although some money was spent on VIACOIN 3) Drak has a high developer hourly rate 4) There wont be any buybacks, give back the IPO money (there isnt any IPO money anymore, all the coins got sold a long time ago on the exchange, remember personal finances) 5) Drak has delivered on the tech part, so he cant be called a "scammer" 6) Technology has no relevance on Price. He doesnt care about the price, because he isnt invested in the financial part (because he already got paid from it, and if he was smart, he probably made a fuckton on the 2 rises upward + the zynga pump) 7) QQ more  Can we get another dump to 200 sats plz tnx Link? And did he say this from the very beginning? Dude... isnt this clear enough or what? I mean , holly fuck with the did he say that ? please drak answer etc... https://twitter.com/btcdrak/status/581838504012955648/photo/1No link, then he didn't say anything of the sort. Then the other guy could be lying. |
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Like Drak already said, the IPO money is his own money. He never said he was going to use it for development or advancing the coin. He had the presale just because 1) he doesnt work for free and 2) he thought this is the only way to have a fair distribution of the coins. Basically when you bought the IPO, you bought the coins that DRAK was selling you. It was a presale, not a crowdfund or a fundraising or anything else. Basically you paid that guy $360K for VIACOIN. Although he did use some money to hire Peter Todd and continue to work on the coin. I think the only reason he is still around when most other altcoin devs have left, (besides the obvious reputation hit) is because he isnt depending on the price of VIACOIN. HE already had gotten the money from it, so right now he is like a kickstarter developer. All the money upfront, so he can stay and work in peace without having to worry about wtf2do and hype/pump the price. Thats as clear answer as you will get. Drak wont come and say this with these words because he is more diplomatic in his aproach, but that is the general idea. So bottom line, those 600BTC IPO funds, as soon as the IPO ended were his own money, not the project's money. You gave him that lump sum of money and he can do as he pleases with it. He obviously used some of that money to advance Viacoin, hire Peter Todd, and continue to work on various VIA related projects He is continuing to work on VIA, aka he didnt leave the coin or bail from the project, and he will probably continue to spend as much money as he needs on various new things that will be needed Thats all there is too it, and to be honest, i am not sure what else do you want Drak to say about this matter. TL;DR 1) IPO money is drak's own personal money 2) IPO money is not exclusively VIACOIN project money although some money was spent on VIACOIN 3) Drak has a high developer hourly rate 4) There wont be any buybacks, give back the IPO money (there isnt any IPO money anymore, all the coins got sold a long time ago on the exchange, remember personal finances) 5) Drak has delivered on the tech part, so he cant be called a "scammer" 6) Technology has no relevance on Price. He doesnt care about the price, because he isnt invested in the financial part (because he already got paid from it, and if he was smart, he probably made a fuckton on the 2 rises upward + the zynga pump) 7) QQ more Can we get another dump to 200 sats plz tnx Link? And did he say this from the very beginning? |
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