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What is the expected residual price? At what rate should it stop? I hear talk of $1 to $5 range. You have to think though, BTC is $6,100 with same max number of coins, but BTCRED has 10M circulating right now. Why couldn't BTCRED hit 1/20th the price of that? For one, many people underestimate the value of a coin and sell way too soon, for example the person a few years ago that sold 10,000 BTC for some pizza, etc. Just my opinion, and you must make your own decisions on this.
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I just got some tokens on etherdelta , what anyone think about the price for future?
If the BitcoinRED dev team would do a "burn" of some random number of coins, anywhere from 1 to 12M, roughly $2.50 USD would not be out of reach. If they were to get a sponsorship/backer from someone such as Target, Benetton, Red Roof Inn, etc., the sky is the limit.
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Every time FirestBlood open bate and the price will dump and dump..
I don't think so. Someone since the last week of August has been accumulating large quantities of 1ST.
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I see some MAJOR green here!
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I hate to be the bearer of bad news, but ltcifc was/is right. If you look back at his posts he called it and was spot on. I dont think this is a P&D at all because I havent seen heavy promotion going on that you would see from a P&D, havent seen it mentioned by heavy P&Ders, and I havent seen any tweets being sent out to buy this. From what I am seeing it is BTER and JUBI exchange buying with CNY, China. They must know something we dont because it continues to go up.
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It has to be DRS. I feel that it should be up there with CAPS.
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It is up more than 599% for the week. As far as why, it looks like part of it has to do with Chinese buying from Jubi and BTER exchanges with CNY. Hopefully it will keep on truckin to $1.
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Interesting that they would do this even after the activity in DRS over the past 2 weeks. Even if they quit carrying DRS, hopefully other bigger exchanges will carry it. I wrote Cryptsy, and Swisscex an email last week, and filled out a suggestion form with Poloniex. I have heard from Cryptsy and they stated that they were going to send the information to their dev team for review to see if it meets their requirements for addition to Cryptsy. So good news on that part? Who knows? If they do add it, then yes I would see that as great news. Having DRS on a bigger exchange would mean more exposure, and more potential buyers. The only thing I can see that an exchange may not like in this coin is that it doesn't have an official website, and the facebook and twitter links seem to be gone.
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this BTC price will be remembered as the time only the fools didn't buy in
mark my words
I agree 100%. As for stocks, in my opinion, the stock market is due for a big correction.
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I think that some poeple panic sold, but some of the price decline has to do with people trying to day trade and people buying on margin. As for the panic sellers, people need to realize that trading any crypto requires that you have courage, no anxiety, and patience. I believe that BTC along with good alts will recover when the big boys start buying in, which should be soon.
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I really like DRS, I think it has potential.
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