[GNT] Golem Speculation

[rangedriver]

Thought that Golem should have its own speculative thread to differentiate price talk from general development.

Right now GNT is sitting very snugly above the 38.2% retracement of 0.00006504 following the rise from 0.00001674 up to 0.00009490. If it holds then that should provide a comfortable base to launch an attack back up above ATH. (Charting is still a little bit primitive for GNT but you can work out the retraction levels easily with an online fibonacci calculator).

What's still not quite understood though is who was responsible for the 12 million GNT market purchase (2-3 million USD) up and around the 0.00008 level, momentarily taking the price up towards 0.0002.

Difficult to know for sure what the motive is, but presumably they'd be looking to make their money back with a suitable reward at some stage.

[sundaymorning]

What's still not quite understood though is who was responsible for the 12 million GNT market purchase (2-3 million USD) up and around the 0.00008 level, momentarily taking the price up towards 0.0002.

Difficult to know for sure what the motive is, but presumably they'd be looking to make their money back with a suitable reward at some stage.

I wasn't even aware of this..that's crazy.

Something worth sharing: I was speaking with a colleague on Monday about how he doesn't have time to game on his PC anymore due to numerous reasons, and one thing he mentioned was that he wished there was something that he could make use of his idle hardware rather than sell it away completely. I mentioned Golem to him and explained as best as i could what it was. He remarked that he was surprised that there's not already a well-established company/tech that already does this in todays day & age.

That got me thinking, that this sort of technology, and other technology being built in a decentralized & networked way, will inevitably be developed more & more. Thinking of where the internet is, i can' help but think about the classic Myspace example. You may be the first to build something, but something along the line may (probably) be built that is better in some way (faster/more user friendly/more regionally accessible).

[rangedriver]

I wasn't even aware of this..that's crazy.

Yeah it certainly seems crazy. Whether or not it turns out to be is a different matter I guess.

How does the saying go? The difference between insanity and genius is measured only by success?

[MegaHustlr]

How does the saying go? The difference between insanity and genius is measured only by success?

Remind Me! 3 Years!

[VanDeinsberg12]

What's still not quite understood though is who was responsible for the 12 million GNT market purchase (2-3 million USD) up and around the 0.00008 level, momentarily taking the price up towards 0.0002.

Difficult to know for sure what the motive is, but presumably they'd be looking to make their money back with a suitable reward at some stage.

I think the golem will try deliver its product to the public or the team are trying to buyback the golem shares from the market. 

[Jayjay04]

Is there anything I need to know before sending GNT from myetherwallet to Poloniex ?
Thx

[Fundamentals Of]

Is there anything I need to know before sending GNT from myetherwallet to Poloniex ?
Thx

None I guess unless you don't have some few eth for the gas.

[acoco]

More will not grow up, for this and there was a candle up such a high for deception

[sulendra12]

Is there anything I need to know before sending GNT from myetherwallet to Poloniex ?
Thx

You need to have ETH in your Myetherwallet account before making a transaction (ETH will be used for Gas to send the transaction).
At least you have to buy 0.02 ETH from exchanges and then send it to MyEtherWallet IIRC.

[johnson07]

GOLEM HAS A NICE CHART RIGHTNOW,,

[schnötzel]

Golem has to compete with elastic soon. Glad i´m in elastic and not golem 

[asriloni]

Golem has to compete with elastic soon. Glad i´m in elastic and not golem 

Looks like the real competitor for golem project was Ie.xec itself. and not elastic project, golem and ie.xec have similar target based on the super computing.

[Jayjay04]

Is there anything I need to know before sending GNT from myetherwallet to Poloniex ?
Thx

You need to have ETH in your Myetherwallet account before making a transaction (ETH will be used for Gas to send the transaction).
At least you have to buy 0.02 ETH from exchanges and then send it to MyEtherWallet IIRC.

Good thx !!

[Mikkiun]

I wasn't even aware of this..that's crazy.

Yeah it certainly seems crazy. Whether or not it turns out to be is a different matter I guess.

How does the saying go? The difference between insanity and genius is measured only by success?

is it too late to join this game? I'm learning about this coin and I also want to buy some GNT coins to hold it for a while but I do not know if this time is suitable for purchasing this coin? Thanks.

[MrGood]

is it too late to join this game? I'm learning about this coin and I also want to buy some GNT coins to hold it for a while but I do not know if this time is suitable for purchasing this coin? Thanks.

Right now we're in a game of finding the floor and looks like it could go down a tiny bit further. If you can get some below 0.00005 then that would be a good purchase I think.

That said it's likely that Golem will quietly start to rise back up beyond 0.00008 at some point, so if you wanted to buy for the long-term I wouldn't wait around too long.

[Mikkiun]

is it too late to join this game? I'm learning about this coin and I also want to buy some GNT coins to hold it for a while but I do not know if this time is suitable for purchasing this coin? Thanks.

Right now we're in a game of finding the floor and looks like it could go down a tiny bit further. If you can get some below 0.00005 then that would be a good purchase I think.

That said it's likely that Golem will quietly start to rise back up beyond 0.00008 at some point, so if you wanted to buy for the long-term I wouldn't wait around too long.

It's good advice for me to buy some GNT coins . I'm really impressive with the tittle "Supercomputer" . This tittle can say all things about this project.
I will spend some money to get a cheap coins at once.

[JeffBrad12]

I wasn't even aware of this..that's crazy.

Yeah it certainly seems crazy. Whether or not it turns out to be is a different matter I guess.

How does the saying go? The difference between insanity and genius is measured only by success?

is it too late to join this game? I'm learning about this coin and I also want to buy some GNT coins to hold it for a while but I do not know if this time is suitable for purchasing this coin? Thanks.

As long as you can buy on the bottom dips and it's not too late for you to joining on the golem trade.All of your questions depend on your research about the coin itself. If your research will being approximately above than yellow or touch the green light.
That will be being good for you to join nor buy some of the golem tokens. According to his development and  this coin is very worthed for anyone.

[iad_xo]

where we would see this project would go in few year? do you think have enough dev support?

[MrGood]

where we would see this project would go in few year? do you think have enough dev support?

Looking pretty good so far.

[rangedriver]

That said it's likely that Golem will quietly start to rise back up beyond 0.00008 at some point, so if you wanted to buy for the long-term I wouldn't wait around too long.

Confirmed. Looks like we're heading up beyond 0.0001. A good place to be I think.