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Author Topic: [ANN] [SUMO] SUMOKOIN - 🔏 Digital Cash For Highly-Confidential Transactions 🔏  (Read 202418 times)
beaupain
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January 03, 2018, 09:32:08 AM
 #2921

any idea on the reason behind this major dip happening right now?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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crypth0r
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January 03, 2018, 09:34:48 AM
 #2922

any idea on the reason behind this major dip happening right now?
Seems like panic selling but that is what I mentioned. If you dont market on the public side then one single drop can cause a domino effect. So I really hope they start to do some more for the public because this drop costs me massive amount now which is a big issue (now) even if it gained 500%, the issue is that this sends a signal while most altcoins rise like crazy.
d3athgu1s3
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January 03, 2018, 10:25:05 AM
 #2923

any idea on the reason behind this major dip happening right now?

Other altcoin are falling as well. looked like pump n dump starting now. some might lose a lot of money, but some are getting richer.

ichiban
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January 03, 2018, 10:31:26 AM
 #2924

I am guessing there was a huge panic sale because of the rise of bitcoin price again after the Christmas/New Years dip. not fully unexpected but I was not expecting it to dip this low. I guess most people went for the quick money rather than long term.

for now I will HODL

probably a good time to buy LOW now. I bought at 0.00041000 before it rised, now it is more like 0.00030000. still a good HODL price imho.


ps: this is my first post!
drigler
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January 03, 2018, 11:36:13 AM
 #2925

any idea on the reason behind this major dip happening right now?
Seems like panic selling but that is what I mentioned. If you dont market on the public side then one single drop can cause a domino effect. So I really hope they start to do some more for the public because this drop costs me massive amount now which is a big issue (now) even if it gained 500%, the issue is that this sends a signal while most altcoins rise like crazy.

A good dip is allways a chance to buy more, possibly lowering your entry price. You only loose if you panic and sell.

Be wise and hold Wink
h0g0f0g0
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January 03, 2018, 11:55:34 AM
 #2926



HODling!!
marcellinuswiray
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January 03, 2018, 11:58:09 AM
 #2927

Dont forget Buy the dip

Good moment to add more sumo

premium_domainer
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January 03, 2018, 12:35:10 PM
 #2928

Sumo always explodes time to time and get back to below 10.000 satoshi.

This was its biggest explosion but it seems it is going back when it started.

| 500+ Premium Crypto domains for sale | CryptoMagazine.org | Advertise in my Signature for free by PM'ing me | BitcoinsChannel.com | CryptoUniversity.org  | Are you able to see this?
marcellinuswiray
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January 03, 2018, 01:01:23 PM
 #2929

Sumo always explodes time to time and get back to below 10.000 satoshi.

This was its biggest explosion but it seems it is going back when it started.

are you selling when dip ?  Grin

Shitcointalk
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January 03, 2018, 01:24:19 PM
 #2930

Sumo always explodes time to time and get back to below 10.000 satoshi.

This was its biggest explosion but it seems it is going back when it started.

are you selling when dip ?  Grin

Exact, rule number one: buy high, sell low !  Cheesy
h0g0f0g0
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January 03, 2018, 01:46:35 PM
 #2931

Huobi is expanding to Japan:
http://www.livebitcoinnews.com/chinese-cryptocurrency-company-huobi-holdings-expands-to-japan/

All it needs now is a little SUMO to be "Big In Japan". There is a clear information how to apply there. Did dev team already send the data? If not, then they should.
There is a good chance to get listed.
codemanX
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January 03, 2018, 02:01:14 PM
 #2932

Huobi is expanding to Japan:
http://www.livebitcoinnews.com/chinese-cryptocurrency-company-huobi-holdings-expands-to-japan/

All it needs now is a little SUMO to be "Big In Japan". There is a clear information how to apply there. Did dev team already send the data? If not, then they should.
There is a good chance to get listed.

That could be a huge success!

SUMO performs really well since I bought some at the end of November when it was 0.80$.

Sumo always explodes time to time and get back to below 10.000 satoshi.

This was its biggest explosion but it seems it is going back when it started.

I doubt it will fall so deep this time, except BTC explodes again.
Fbaeyyy
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January 03, 2018, 03:50:59 PM
 #2933

The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.

All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!
crypth0r
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January 03, 2018, 04:03:38 PM
 #2934

The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.

All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!

Totally agree with you and I think there is more to come. Very happy I didnt sell the coin and see a potential of up to 100 USD in 2018
tryer12
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January 03, 2018, 05:30:35 PM
 #2935

Vote so it might get a chance to be listed on Next
https://nextexchange.featureupvote.com/suggestions/3046/sumokoin-sumo
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January 03, 2018, 06:04:12 PM
 #2936

Vote so it might get a chance to be listed on Next
https://nextexchange.featureupvote.com/suggestions/3046/sumokoin-sumo

I will but they should consider contacting binance and bittrex to get listed on there.. a big exchange would be good publicity.
tryer12
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January 03, 2018, 06:14:59 PM
 #2937

They didn't contact Next , It was submitted by a random user IMO.
I think they are planning to contact Binance and Bittrex once the first locked coins are released.
But a question to the developers , Why not trying to add it to Poloniex they do have some low MC coins there, and this coins does have some cool features. I don't think they require funds in order to add it to the exchange.


Vote so it might get a chance to be listed on Next
https://nextexchange.featureupvote.com/suggestions/3046/sumokoin-sumo

I will but they should consider contacting binance and bittrex to get listed on there.. a big exchange would be good publicity.
guilllet
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January 03, 2018, 09:12:18 PM
 #2938

The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.

All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!

The dev team is composed of 4 or 6 guys ...
Their commits are not very active lately. Only SadBAtman commited and all are working on their free time...
How could this coin reach the moon in those conditions ?
sumogr
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January 03, 2018, 09:22:15 PM
 #2939

The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.

All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!

The dev team is composed of 4 or 6 guys ...
Their commits are not very active lately. Only SadBAtman commited and all are working on their free time...
How could this coin reach the moon in those conditions ?

You ve made a brand new account just for that? They ve merged ghost addresses on core in mid December and released an amazing GUI wallet supporting ghost addresses 5 days ago. Now go create one new account and try harder

Germining
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January 03, 2018, 09:25:11 PM
 #2940

Don't be a fool... it is not about the number of commits. Devs work in private repos and do tons of work on a single pull. Other coins fake activity ...let me just quote a friend here...

Devs are ahed of their roadmap. Why give a fuck about the number of commits...

Its not about the number of commits, its about the quality of the commit. The commit https://github.com/sumoprojects/SumoGUIWallet/commit/151362028433571c9987e3fe4aaa52e79ab97559 had 8 files changed, with 407 additions and 79 removals. This could have been broken into any number of smaller commits, the devs simply chose to commit it all at once.

Edit I'd like to also add that a lot of other coins will simply change one or two lines and make that a commit to boost their perceived activity - be careful with judging only on the quantity of commits.

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