Listen, panicking sheeple.
The main Windows wallet software is fine, it works on the latest Windows 64bit OS and even Win 7 32bit. It syncs fast if you have a 1mbps+ connection. If you're too lazy to update your Windows machines, that's your problem. Stop whining. Many ICO buyers has already withdrawn their tokens via main wallet. The browser-based wallet wasn't supposed to be a top priority, it's taking development time away from the main wallet. And it's slow to sync. I believe they are shifting their wallet development to mobile
https://github.com/AntShares/AntSharesApp They are probably going the IndieSquare Wallet route (where the IndieSquare wallet is so much robust than the main Counterparty webwallet for the XCP platform).
Complaining about
www.antcha.in? LOLZ It's a pro bono service by one supporter and not even funded by the Antshares team. Sad by the way. Though get your facts straight before opening your yap. The team should really add English language support even if it's bad translation though.
Also stop complaining about not being able to collect your $10-$20 bounty rewards, you look ridiculous.What? 100ANS? LOLZ.
Re: Market/Price TrendsNote: All your stupid complaints are not the reason why the price is dumping.
First off, the Antshares market is CNY-denominated, which means the price is shielded from a Bitcoin downtrend, however when Bitcoin is rallying, Antshares is not immune to capital flight going to Bitcoin, like the rest of the alts.
Antshares sold half of the existing tokens (25m) at around 0.26CNY (regardless of its BTC value cuz like I said its CNY-denominated)
so these buyers are still in much profit and can easily be shaken out of selling now. Back in October,
I said 0.52CNY is the strongest support level. Well it did reached 0.50CNY back in Oct. 24.
The second ICO buys ranged from 0.99CNY to 1.18CNY.
Lesson learned, second ICOs are just bad investments. Just look at Synereo. Their first ICO was 0.00002450BTC per AMP, their second ICO was around 0.00030000BTC per AMP. What's the price now? LOLZ, 0.00005000BTC!!! And I would guess angry investors are also finding faults at the Synereo team.
So don't blame the coin, blame the market, speculators and yourself.Reports of DevelopmentLooooong term, Antshares still has many milestones to look forward to. Several local and international partnerships, including Wings and Alibaba. In fact, I "thought" the bottom was in last Nov. 27 when the price was around 1.21CNY. But the Chinese dumped at Yuanbaohui. The Antshares team may have said something to them that might have caused the large investors to dump early. Of course, us outside of China have no clue. This is my main complaint to them. They treat us like second class investors.
Insider TradingBut then, I think I saw some inside trading shit around the first week of December. I believe its connected to Wings since the Bittrex trading was never bullish on ANS, but then it became so. Maybe these insiders were buying in anticipation of the coming release from both partners. I also saw some large buy orders, 30- 50btc worth from unknown Chinese exchanges at that same time. They were buying from 0.95CNY to 1CNY range.
Nevertheless, I'm guessing half of the market, some of the large first ICO participants got tired of waiting and decided to cash in their profits and dumped. Thus, we're here now at 0.72CNY after 18 days of slow bleeding.
AnalysisIf you think, ANS will reach its strongest support levels around 0.52CNY, best to sell now and re-buy later.
However, at 0.70CNY, the price is sitting on the support level printed last Oct. 24 and 18 days of dumping, it might rebound back to resistance level of 0.81 - 0.84CNY. It can't dump forever.
The market is so illiquid that it only took two days from 0.51CNY to 2.20CNY last Oct 24 - 25, also best to sell when the price is rallying and not dumping.
If you wanted to sell now because of fear that you'll be losing more, it's kind of two weeks too late as the risk is greater that the price will rebound soon, best to sell around the resistance price (0.81CNY), if you want out at all costs.