theMiro
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Activity: 84
Merit: 10
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November 14, 2017, 08:56:10 PM |
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Great Binance Competition! So how do you think, how it will affect price?  price will probably climb until start date, and even more likely climb between start and finish date. then they'll get dumped and the price will plummit until probably half of what it was, so between 1 and 2c i guess if you want to make money, buy now, and hurry, sell at the top a little bit before the ending. if you want to invest, do the same, and buy your ENJ back at the dipping point. you'll have more ENJ then you did before, don't borget to cash in on your profit for checking and keeping updated with the project that's just my speculative opinion disclaimer Thanks for reply! Some really good points. Although, I'm not really sure of coming back to 0.01 level, but maybe i'm too optimistic. |
▬▬▬▬▬ V I S O || MODERN CRYPTOCURRENCY PAYMENT SYSTEM ▬▬▬▬▬ |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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someonesomeone
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November 14, 2017, 10:15:42 PM |
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So each of the top 100 buyers gets 20k enjin tokens? And the top 3 get the bonuses (500k, 300k, 200k) on top of that 20k? Will there be a real time leaderboard or how will this be done so that people can see how much is needed to reach which position? |
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nobytes
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November 14, 2017, 10:28:02 PM |
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So each of the top 100 buyers gets 20k enjin tokens? And the top 3 get the bonuses (500k, 300k, 200k) on top of that 20k? Will there be a real time leaderboard or how will this be done so that people can see how much is needed to reach which position? Well that's one way to attract whales to make some volume. I am assuming there will be people buying / selling their own tokens just for that volume. |
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Vansire
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November 14, 2017, 10:35:24 PM |
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Lol, That competition is ... Pay-to-Win! Or you just have to be an amazing trader  |
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Zechis966
Sr. Member
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Activity: 350
Merit: 250
http://cointedtoken.com/
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November 14, 2017, 10:38:06 PM |
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From that page you can see that there are almost 1.5M people ready to use this coin. I think that is a great start and with the other gamers they have in the community I could see that number reaching 10M users soon. And that is a huge number in the crypto world.
Why though? Because they SAY there are? It likely means there are 1.5m users throighout all their supporting developers games and servers... not to knock enj but how is that a guarantee that theyll use the in gsme items once enjin is actually utilized? If they really do have 1.5m people WAITING and ready to utilize this asset, then wow god damn. But it seems like hopium to me to assume the whole base will embrace, and even further that that base expands to 10million users shortly after?! Well fair enough, but first things first utility will dictate the speed at which this thing is adopted. |
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someonesomeone
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November 15, 2017, 09:57:26 AM |
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There are almost 19M gamers across their communities. As for why? You can go and reach out to these communities and ask them yourself if you don't believe the team  From that page you can see that there are almost 1.5M people ready to use this coin. I think that is a great start and with the other gamers they have in the community I could see that number reaching 10M users soon. And that is a huge number in the crypto world.
Why though? Because they SAY there are? It likely means there are 1.5m users throighout all their supporting developers games and servers... not to knock enj but how is that a guarantee that theyll use the in gsme items once enjin is actually utilized? If they really do have 1.5m people WAITING and ready to utilize this asset, then wow god damn. But it seems like hopium to me to assume the whole base will embrace, and even further that that base expands to 10million users shortly after?! Well fair enough, but first things first utility will dictate the speed at which this thing is adopted. |
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kizumin
Member
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Activity: 131
Merit: 10
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November 15, 2017, 10:04:40 AM |
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Nice, it's Binance we talking so very good chance for Enjin. |
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gedtke
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November 15, 2017, 10:09:17 AM |
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Get in the ship to the space now  Enjin will surely x10 atleast in the coming year. I have accumulated enough thanks god It just takes time for the whole userbase to adopt it, but the minecraft people are insane and surely will buy alot. In my Opinion Enjin could be a winner next year. Sad for the people that bought it in the last ICO Phases, but just hodl, you will also make profit  |
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Bonanzacoin
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November 15, 2017, 04:15:51 PM |
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Nice, it's Binance we talking so very good chance for Enjin. yeah so awesome. Watchin it go up before. expecting it to go up more after promotion. Promotion starts. Profits going up in smoke... the hate is strong... |
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f80
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Activity: 130
Merit: 11
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November 15, 2017, 05:05:24 PM |
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The competition isn't quite helpful |
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khan149
Copper Member
Sr. Member
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Activity: 463
Merit: 251
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November 15, 2017, 05:14:45 PM |
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Hey dev, do you have any plan to listed the ENJ coin on the bittrex or poloniex exchanger in the coming a few months..?
i saw this project have overcome the ico barrier successfully and listed on hitbtc, coss, etherdelta, binance etc.
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Jeffinho
Newbie
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Activity: 9
Merit: 0
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November 15, 2017, 10:18:43 PM |
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How come that the price stay so low? Enough volume in 24 hours
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Bonanzacoin
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November 16, 2017, 01:17:06 AM |
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How come that the price stay so low? Enough volume in 24 hours
because.. whales with double accounts. |
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theMiro
Member
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Activity: 84
Merit: 10
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November 16, 2017, 10:46:51 AM |
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How come that the price stay so low? Enough volume in 24 hours
because.. whales with double accounts. Hmmm, you think so? That would explain this... |
▬▬▬▬▬ V I S O || MODERN CRYPTOCURRENCY PAYMENT SYSTEM ▬▬▬▬▬ |
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Basicball
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Activity: 188
Merit: 12
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November 16, 2017, 01:50:55 PM |
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How come that the price stay so low? Enough volume in 24 hours
because.. whales with double accounts. Hmmm, you think so? That would explain this... care to elaborate? |
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theMiro
Member
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Activity: 84
Merit: 10
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November 16, 2017, 02:03:58 PM |
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How come that the price stay so low? Enough volume in 24 hours
because.. whales with double accounts. Hmmm, you think so? That would explain this... care to elaborate? I mean I haven't thought about this idea earlier (whales sell big amuonts to themself). That would explain why price is so low even if the 24h volume was sufficient for rise. I'm optimistic about long-term prospects of ENJ just this current price was making my headache, but your version might explain the situation, so I asked do you really think so and thought that you may make some further comments, insights... I think I elaborated clearly enough ) |
▬▬▬▬▬ V I S O || MODERN CRYPTOCURRENCY PAYMENT SYSTEM ▬▬▬▬▬ |
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coinmr
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November 16, 2017, 02:18:14 PM |
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How come that the price stay so low? Enough volume in 24 hours
because.. whales with double accounts. Is it always the same? The coin goes to the market and stays below ICO price? |
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Zechis966
Sr. Member
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Activity: 350
Merit: 250
http://cointedtoken.com/
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November 16, 2017, 03:20:33 PM |
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Is it always the same?
The coin goes to the market and stays below ICO price?
No it's actually not super common until recently... and even now there are plenty of assets sitting at 2-5x of ICE. or at least they're holding the ICO value |
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spunkybd
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November 16, 2017, 03:42:33 PM |
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How come that the price stay so low? Enough volume in 24 hours
because.. whales with double accounts. Hmmm, you think so? That would explain this... care to elaborate? I mean I haven't thought about this idea earlier (whales sell big amuonts to themself). That would explain why price is so low even if the 24h volume was sufficient for rise. I'm optimistic about long-term prospects of ENJ just this current price was making my headache, but your version might explain the situation, so I asked do you really think so and thought that you may make some further comments, insights... I think I elaborated clearly enough ) This is just dumb. |
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SirBurton
Newbie
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Activity: 60
Merit: 0
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November 16, 2017, 03:52:45 PM |
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Well it seems that even the "competition" didnt help this coin do any better.. it is the second time i am doing a short term investment to this coin.
The first time i managed to get out with minor profits but this time i dont think i am going to make it. This is a very bad and most probably very whales-manipulated coin investment. This whole "hey guys buy some more and do some trading in order to win" binance competition was very fishy from the start but i skipped the "trading" part of it and bought a lot at the peak ( 417 sat ).
What the competition want to accomplish is simply enhance day to day trading , which means that the price will not moon as we were all expecting , but instead will plummit with the help of short trades.
The competitions' terms state that , i am just reading between the lines here and try to rationalize.
Promoting trades and assigning prizes to top 100 traders is very different to promoting a simple purchase in order to be on top 100 , as i initialy thought it was the case.
Keep in mind the prizes.. Top winners will get for free hundred of thousand of coins. Which they will most probably dump immediately leading the coin to even lower levels.
I believe that by the end of the "competition" the coins price will be at least 150-200 satoshi , thus helping the big whales to buy in at the lowest possible price.
I fear that we are being just manipulated once more by Binance exhange. I have made a bad choice unfortunately and the only thing to do left is just wait when and if the coin will reach those levels agains.. Probably by another manipulative tactic..
Thats my 2 cents.
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