the volume is kinda falling...
It's Saturday. The volume on Bittrex is way down overall. |
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why is this coin valued so highly?
It isn't. They instamined it so they could control the price (for a while) and they fake the volume by buying from themselves. Shame on Bittrex for hosting scams like this and DIGS. |
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Yeah I just noticed the 40 START sells. So we have a 20 BTC per day headwind. Sounds like a lot, but compared to other coins it's not that bad. I think START deserves a place in the top 10 for market cap. That would be somewhere around 150k. Sounds about right.
Obviously this is speculation, but I'm thinking we could see a spike to 150k or so, then see it settle back to around 80k until the block halving, when 150k becomes more sustainable.
To those who have asked elsewhere: When I say 36k is resistance turned support and talk about a bull flag I'm looking at a chart of the last month.
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The block reward halved last month to 20 START... is that correct?
That represents 10 BTC per day of newly minted coins.
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I think he's talking about the Bank to the Future thing.
As for START, this much sustained volume on a coin without the price changing and without the support diminishing is a very clear sign of accumulation. It's never a guarantee, but the last time I was this sure about a bottom and upcoming rally was BlackCoin over a year ago.
If I didn't think XBS was going to go 5 to 20x I'd be all in on StartCoin right now. As it is, I'm about 70% in and wish I could come up with more.
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No idea. I didn't pull this bottom call out of my ass like I would be if I tried to guess where it's going. It's pretty clear to see if you look at the chart and the action.
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You're being front-run by whales who can read a chart placing small orders. This is the bottom, folks. Buy or cry.
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"Don't listen to them. Nothing to see there. Just keep buying our shit."
Notice they all have Yobit tags. Anyone buying at this point deserves to lose their money.
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Keep selling into support dumb dumbs...
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36k was the ceiling for a while. It broke through and resistance became support. There's a bull flag forming on top of it which is nearing its breakout point. You need to be buying now. I'm trying to free up more BTC myself, but already have a nice stack bought between 37 and 40k.
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You're crazy if you think I would ever buy this obvious scam. I'm here because I'm sick of watching people get away with this shit and ruin the reputation of altcoins. Simple as that. You guys are the scum of the earth.
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It's so pathetically obvious that you're part of this scam.
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Currently what I'm seeing is market sells into buys which replenish themselves. An accumulation phase is upon us for those who didn't buy under 20k. Volume has been way up recently.
This is all about patience. Just as the swamp was drained in the 14-17k range, it'll happen here and then we'll move up. Pretty typical consolidation of recent gains. With such a large spread I just don't see any real sell pressure to be worried about. This is all much healthier than sudden spikes and retraces. I suspect we'll hit 40k and then once again wait for the 30k level to consolidate, unless some kind of news comes along to overwhelm the resistance.
I've started businesses before. It can be complicated and time consuming just to get through the red tape. I don't even want to think about the nightmare of doing it in Nigeria. Keep moving forward and ignore the haters, boys. All my life, the better I did at something, the more people tried to shoot me down to their level.
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You have no case and your points have been addressed. Bring something new to the table or go away. At this point you're just trolling and only you know why. It's pathetic. Get a life away from trolling BCT.
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In crypto I find that pessimism most closely matches reality. 10x is my somewhat pessimistic estimate.  "I got rich by taking profits too early." - Bernard Baruch |
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I've been doing this for years and let me just say I'm floored the market cap is so low given the fundamentals. I think the main thing missing here is promotion, but frankly, I kinda like owning a coin headed for mass adoption and not just being pumped by speculators waiting to dump.
A 1.3 mil market cap will put the coin at $1 each, which is currently 340k sats. This really doesn't seem out of reach. If this coin can't do at least 10x from its current point I'll be very surprised. I tend to be a short term trader, but this is the one coin I'm prepared to hold for the long haul because I consider it a safe haven among alts.
Keep up the good work David and crew. =)
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Have you even bothered to ask how the coins were generated?
Scam. Take your profit because 90k is where the road ends.
Absolutely not FUD or a troll. Check my history. You've been warned.
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Stop buying this coin. It's a scam.
90 million coins with a 90k price? It's not 4th in market cap after LTC and ahead of DASH. There are only a handful of coins on the exchange and someone is buying from themselves to generate volume.
Shame on Bittrex for hosting this obvious scam.
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