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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: SALT Community Membership on: November 02, 2017, 12:18:43 AM
Always the same thing - just like the stock market.  There's a seemingly endless supply of speculation about what's going on.  Usually negative, too.  Look at some of the other 'sh!tcoins' that started, vanished, then came back with a vengeance - even those without any clear direction at all. 

This coin at least has some direction, and this is the most critical part of the project!, and everyone is jumping ship before the quarter is even over.  It's hilarious, but great.  Drives the price of the coin right down, so we can buy more.

The second these guys make a media statement of any sort, the coin will skyrocket (not unlike Rupee etc etc) - so the HODLers will be rewarded - that's just the way it works.

FOMO kicks in, people panic 'omg it's going down, maybe that guy who posted on the forum was right! maybe they are just a Ponzi scheme! it all makes sense - sell, sell!'.  Then they lose out selling low, and buy some other stock that seems to be on a pump/dump cycle, lose their cash by climing from peak to peak - and it's all over red rover.

Even dead, useless coins revive and become active again (most) - take a look back at the charts.  Endless speculation and reading of forum opinions wont help you work with a clear plan.

Imagine all those who jumped off bitcoin because some guy on a forum said 'I heard that it just got hacked' or 'This is about to drop down to $5 within a day, the developers aren't even named and it's a big Ponzi scheme'...?   Those people would be kicking themselves right now.

I'm not saying it's wrong to be critical and pragmatic - but at least wait until they've done their quarterly update! lol
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