adaseb
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November 11, 2018, 06:45:54 AM |
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The price is just reflecting bad to everyone that could potentially be interested in musicoin. However, when price looks ugly is a good sign it could be time for a bounce. Yet, that's how 60 sats already looked relative to previous prices and here we are sitting at 47 sats. New blockchain based music platforms are coming out with unique value propositions and musicoin needs to differentiate and stand out from the rest if it wants to survive. For all we know, this could be the dump price needs to bounce, specially with ice age around the corner.
I think the reason why the price is low is due to the very thin order books. If you look at Bittrex order book for MUSIC you will see that if someone market buys 50 BTC, the price would basically go up 300%. This isn't the only coin with this issue. Basically its a great time to buy, but many people are scared because they don't want to lose money if it goes lower. Basically what happens right after stock markets crash. Then there is also the fear that bitcoin itself can break the $6000 and head lower and people will be sitting at an even bigger loss. This is the reason why during the crypto boom, every alt coin went crazy because it was the complete opposite. There was a shortage of sellers and so many buyers, which is the complete opposite right now. It might be the low or not, but you won't find out until in hindsight. Its still a great project and I am looking forward for all the developements.
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tbandy
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November 11, 2018, 12:46:34 PM |
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The price is just reflecting bad to everyone that could potentially be interested in musicoin. However, when price looks ugly is a good sign it could be time for a bounce. Yet, that's how 60 sats already looked relative to previous prices and here we are sitting at 47 sats. New blockchain based music platforms are coming out with unique value propositions and musicoin needs to differentiate and stand out from the rest if it wants to survive. For all we know, this could be the dump price needs to bounce, specially with ice age around the corner.
I think the reason why the price is low is due to the very thin order books. If you look at Bittrex order book for MUSIC you will see that if someone market buys 50 BTC, the price would basically go up 300%. This isn't the only coin with this issue. Basically its a great time to buy, but many people are scared because they don't want to lose money if it goes lower. Basically what happens right after stock markets crash. Then there is also the fear that bitcoin itself can break the $6000 and head lower and people will be sitting at an even bigger loss. This is the reason why during the crypto boom, every alt coin went crazy because it was the complete opposite. There was a shortage of sellers and so many buyers, which is the complete opposite right now. It might be the low or not, but you won't find out until in hindsight. Its still a great project and I am looking forward for all the developements. You got a good point of view, I hope one of this days BTC will rise taking all alt coins to a higher levels Meanwhile I will continue mining Musicoin and waiting for the big day
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peteycamey
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November 12, 2018, 07:38:22 PM |
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price is suffering. too many coins.
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tbandy
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November 12, 2018, 10:55:04 PM |
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price is suffering. too many coins.
Yes way too many !
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barbiecover
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November 13, 2018, 03:15:43 PM Last edit: November 13, 2018, 03:51:37 PM by barbiecover |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not?
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tbandy
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November 14, 2018, 12:56:20 AM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot !
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musasimsek
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November 14, 2018, 02:01:32 AM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! Try to say ripple supply is 40000000000 and ripple $0,5 now and come on barbie they are different platform
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Figatko
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November 14, 2018, 02:17:47 AM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! When will it stop? They were talking about some moment, it depends on Ethereum.
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barbiecover
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November 14, 2018, 08:48:30 AM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! Try to say ripple supply is 40000000000 and ripple $0,5 now and come on barbie they are different platform I tried to say that total supply and price don't follow each other. There're alot of coins with <1kkk total supply and with price under Musicoin. Think about it price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! When will it stop? They were talking about some moment, it depends on Ethereum. Ice Age should hit network at 4000000 block
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adaseb
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Up to 300% + 200 FS deposit bonuses
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November 14, 2018, 08:57:33 AM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! Try to say ripple supply is 40000000000 and ripple $0,5 now and come on barbie they are different platform I tried to say that total supply and price don't follow each other. There're alot of coins with <1kkk total supply and with price under Musicoin. Think about it price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! When will it stop? They were talking about some moment, it depends on Ethereum. Ice Age should hit network at 4000000 block The ice age is going to start gradually, only a few months after should we see 30 seconds block times like we did with ETH. Basically we are on block 3,738,034 so its about 261,966 blocks away. Assuming an average block time of 16 seconds that is over 48 days or so. So in maybe 6 months the supply will decrease however I don't think it will make the price go up because there is still a lack of buyers for MUSIC.
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barbiecover
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November 14, 2018, 09:52:59 AM |
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The ice age is going to start gradually, only a few months after should we see 30 seconds block times like we did with ETH.
Basically we are on block 3,738,034 so its about 261,966 blocks away. Assuming an average block time of 16 seconds that is over 48 days or so.
So in maybe 6 months the supply will decrease however I don't think it will make the price go up because there is still a lack of buyers for MUSIC.
add here mobile app, advertising of this app, new web app, new musician, flow of listeners, gigs, etc.
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tbandy
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November 15, 2018, 08:32:37 PM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! Try to say ripple supply is 40000000000 and ripple $0,5 now and come on barbie they are different platform But of course you cannot compare Apples and Bananas !
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tbandy
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November 17, 2018, 02:37:54 PM |
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With Musicoin we are going back in time with 2017 prices ATL
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peteycamey
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November 17, 2018, 04:58:16 PM |
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this coin is dead due to the stupidity and ignorance of developers.
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JungleOnion
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November 18, 2018, 03:38:45 AM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! Try to say ripple supply is 40000000000 and ripple $0,5 now and come on barbie they are different platform But of course you cannot compare Apples and Bananas ! I don't think this supply is big at all. Think first, why is it that most altcoins follow the low supply principle of bitcoin. It's funny that you are saying that we can't compare XRP with MUSIC because that's like comparing apples and bananas, but why would you compare with other low supply coins and conclude MUSIC supply is too big? Again, don't compare apples and bananas then. For Musicoin purpose, 1 billion coins is totally fine. 1.1 billion coins approx. That means only aprox. 1,100 people can own 1 million MUSIC. That makes you think that 1 Million coins is a lot, but comparing it with current prices, $2,276 gets you a million coins. I don't know about you but I'm getting my million at these prices haha so anyone that wants to sell, my buy order is at 40 sats in Bittrex xD Hey and by the way, if anyone wants to support my music in the platform feel free to do so https://musicoin.org/nav/artist/0x16a15fea8efd9fd580907fd889efcdf85255d792I'm believing in Musicoin, even tho there's other streaming blockchain based platforms (it's not that I'm not giving them a chance either) this project have a massive opportunity just as many other cryptos out there, the difference will reside in who plays the smarter moves and already musicoin played a smart move by having its own blockchain infrastructure.
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carlo_0000
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November 18, 2018, 06:23:23 PM |
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price is suffering. too many coins.
Yes way too many ! tell me pls, 40000000000 or 25000000000 or 18000000000 are too many on not? I really don't know what are you trying to say but 1,173,015,800.00 means 1 Billion (Thousand Millions) + 173 Millions fifteen thousand eight hundred which is a lot ! Try to say ripple supply is 40000000000 and ripple $0,5 now and come on barbie they are different platform But of course you cannot compare Apples and Bananas ! I don't think this supply is big at all. Think first, why is it that most altcoins follow the low supply principle of bitcoin. It's funny that you are saying that we can't compare XRP with MUSIC because that's like comparing apples and bananas, but why would you compare with other low supply coins and conclude MUSIC supply is too big? Again, don't compare apples and bananas then. For Musicoin purpose, 1 billion coins is totally fine. 1.1 billion coins approx. That means only aprox. 1,100 people can own 1 million MUSIC. That makes you think that 1 Million coins is a lot, but comparing it with current prices, $2,276 gets you a million coins. I don't know about you but I'm getting my million at these prices haha so anyone that wants to sell, my buy order is at 40 sats in Bittrex xD Hey and by the way, if anyone wants to support my music in the platform feel free to do so https://musicoin.org/nav/artist/0x16a15fea8efd9fd580907fd889efcdf85255d792I'm believing in Musicoin, even tho there's other streaming blockchain based platforms (it's not that I'm not giving them a chance either) this project have a massive opportunity just as many other cryptos out there, the difference will reside in who plays the smarter moves and already musicoin played a smart move by having its own blockchain infrastructure. i like musicoin also but the problem is the music industry don't give a shit and it s why the price will never go sky high, just the usual pumps and looks like the bear market is not over yet, could go to 30sat
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ders_a
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November 19, 2018, 06:33:38 PM |
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that one is my biggest from most rekted bags. Roadmap was looking nice. How you think is reality guys? and what you think can be points that will make adoption of coin mor emassive and price pump?
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✦✦ MN+PoS return over 160% (counted since April 2018) ✦✦
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epidemija
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November 21, 2018, 08:19:53 PM |
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Can someone add some peers, also gui is so bad.
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barbiecover
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November 21, 2018, 08:49:15 PM Last edit: November 21, 2018, 09:00:52 PM by barbiecover |
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Can someone add some peers, also gui is so bad.
try latest version of wallet https://builder.musicoin.org/p.s. Join our official telegram chat, there we are more active speaking https://t.me/musicoinofficial
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