Its breaking out!!! The whale removed the wall!!! Moooon Time!!!!!
I honestly don't think SafeX will have the stamina for the long run and I tell you why: very small team with only two developers (way too few for the enormous ambitions they have); they have been flimsy in the past when I think about the delayed wallet release (which feels only half baked imho because I wasn't even able to back it up); and finally: there is basically no activity in their official GitHub. To actually believe in a project - provided they haven an official GitHub - there has to be a lot of activity from more than two developers. Just go ahead and compare SafeX to Status Nework Token for example. Or IOTA. There is a lot of recent activity.
All this made me reconsider my investment.
Iota market cap 2,4 billion. Safex 24 million. Its like comparing the Staff of a indie developer Vs blizzard. The value of this indie coin is low, and we invest in it hoping it will gain momentun with time
First of all: And I'm not here to hate a coin. I just registered because I thought I want to share what I came to believe after researching. I might be wrong and I sincerely hope that you guys make a lot of money out of it but I just can't see it.
Regarding my comparison: I totally get that. But in order to make that happen it needs more maintenance as it seems to be getting right now. Maybe IOTA was comparing apples with oranges in terms of its market cap. But I'm fairly certain that there were more commits to IOTA when it was at the point Safex is right now. Or as I said: compare it to SNT's activity and commits an GitHub. And saying that the activity on Git doesn't necessarily reflect the actual progress in the project makes me wonder why there even is an official GitHub. I'm really sorry but it just seems a little bit shady to me.
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