Hello everyone,
DIFFICULTY = PRICE. I am still thinking about the Black Tuesday for Croat which was 4th September 2018 (our all time LOW). When DUMPers without ANY sentiment to Croat took over the mining, they were able to sell 500 000 Croats even for price 4 SATOSHI (Yes 0.000 0000 04 BTC). CROAT still did not fully recovered since this day. So I realized, that one of the worst thing for the coin is, when the mining is under dumpers control. They are not willing to wait, they will simply sell immediately for ANY price. For many months I considered as support point price 150 SATOSHI for Croat. This point was broken. Some HOLDers too quick accepted the new price level without ANY fight. I hope, that the price 4 Satoshi at 4th September was only stupid try of the DUMP-er. Another possibility could be, that it was very smart manipulation of some BUYER, who is now very happy, that he can now buy Croats so cheep for whole month.
The next battle between sellers and buyers started just NOW. You can see it LIVE on stex.com (former name stocks.exchange). The buyers wants to buy CROATs for price under 60 SATOSHI, while sellers wants to return the price before 4th September 2018. Most of the Cryptonote coins were able to return back, before price drop (Sumo, Dero, Electroneum). We have the chance too. We just need, to took over the mining process of Croat. The HOLDERs should took over the mining.The miners of every other successfull cryptocoin are doing the same. MINE and HOLD. Remember, the 1st half of whole emission was finished, so value of Croat could not drop so much in any case. Everybody who is the HOLDER of CROAT invested his money, time, knowledge, effort. By these COSTs is backed value of Croat.
You all remember last winter? When early merchants accepted the price 0.50 Euro for 1 CROAT? Some even for whole bill, i.e. ski resort of Lles Cerdanya, some taxi service etc. It is for us too much to pay 0.50 Eurocent for Croat just now? It is Electroneum 1000x better project than Croat? No definitely no.
Please HOLD Your Croats. In case You are miner, You probably know when and what to do to be most successful. If You believe that price should be definitely somewhere else, where is just now, it is easy. And in case You are miner who is still DUMPing Your 2000-3000 Croats every 1-2 hours during the day for 57 Satoshi, please consider if there is any sense for such a behavior, if it is not better to do it with other coin, or please wait a little and You will be able to sell it for much better price.
Nice weekend for everyone!
Update 07.10.2018: Yesterday 24K of Croats were sold by DUMPers with price 58-59 Satoshi = 0.014 BTC = 80 Euro. It means, that 520 blocks were mined by DUMP-ers, so they mined 520 blocks from 1440. This is one of the reason of the current Croat price
There is truth in your words, but I suppose that the project is gradually starting to feel worse and worse with each passing day, but this is my personal and observation.
I am an investor at the early stage of the CROAT project and regretted not selling the asset at the same stage
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