stunvn (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 08:19:16 AM |
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Hello, everyone.
Topic: Price and development process.
As you can see, many new coin prices surge up to 50%, 100% in a month. Have a look at WTC, OMG as an example.
Many traders claim that coins are undervalued because that project is huge, and their supplies are limited.
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
I have seen many cases like this in the stock market. When the price goes higher but the development of the company cannot follow the price. It always crashes, dips down back to normal state. As an example to this in crypto market, I point our STRAT. Yes, they are still in developing but the price was high AF in June. And it must back to base.
What do you think? Please share your opinion.
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Razick
Legendary
Offline
Activity: 1330
Merit: 1003
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 08:35:54 AM |
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Hello, everyone.
Topic: Price and development process.
As you can see, many new coin prices surge up to 50%, 100% in a month. Have a look at WTC, OMG as an example.
Many traders claim that coins are undervalued because that project is huge, and their supplies are limited.
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
I have seen many cases like this in the stock market. When the price goes higher but the development of the company cannot follow the price. It always crashes, dips down back to normal state. As an example to this in crypto market, I point our STRAT. Yes, they are still in developing but the price was high AF in June. And it must back to base.
What do you think? Please share your opinion.
The entire cryptocurrency market, including tokens is in a MASSIVE bubble at the moment. Companies are launching tokens left and right and money is pouring in. However, the truth is 90%+ of them are bound to fail. This growth rate in not sustainable... I predict before the end of the year there will be bloodshed. Red bars across nearly every trading chart - Bitcoin included.
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ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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SM23031997
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September 28, 2017, 09:44:34 AM |
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Correction happens in the Stock Market and it depends on the news, what the company decided to do in next year and what they are doing currently to expand their business, the Same thing happens in the crypto market if there is no development news from the developer then the price is likely to fall. A recent example can be seen to what happened to dogecoin after the news of no further development.
Right now people are buying new currency in the hope of getting new bitcoin but after few months the developers of many projects stop working on it and give some weird reasons for that then the market get the huge correction. Just wait and watch for that time.
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coynedterm
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 11:14:34 AM |
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Hello, everyone.
Topic: Price and development process.
As you can see, many new coin prices surge up to 50%, 100% in a month. Have a look at WTC, OMG as an example.
Many traders claim that coins are undervalued because that project is huge, and their supplies are limited.
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
I have seen many cases like this in the stock market. When the price goes higher but the development of the company cannot follow the price. It always crashes, dips down back to normal state. As an example to this in crypto market, I point our STRAT. Yes, they are still in developing but the price was high AF in June. And it must back to base.
What do you think? Please share your opinion.
It is the matter of interest, you can see exactly very well that when the new things enter in the market then new ways of making investment and profit we can see but in actual that was the marketing only that explains us what should we do currently with active market. Here you can understand well with the example that. Many coins like blry, trump get flcutuate up more during the election of president but after few weeks they get down for long run. So we can expect the same thing with every coin. Here we have still chance to make earnings with those coins whose market is not fluctuating much but still have fluctuations of 5 to 10% daily.
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Shutup
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 12:51:00 PM |
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Hello, everyone.
Topic: Price and development process.
As you can see, many new coin prices surge up to 50%, 100% in a month. Have a look at WTC, OMG as an example.
Many traders claim that coins are undervalued because that project is huge, and their supplies are limited.
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
I have seen many cases like this in the stock market. When the price goes higher but the development of the company cannot follow the price. It always crashes, dips down back to normal state. As an example to this in crypto market, I point our STRAT. Yes, they are still in developing but the price was high AF in June. And it must back to base.
What do you think? Please share your opinion.
Bitcoin price now is nice but they're saying again about the price down of this 30th of september.But any way Im not worried of it because theres still tomorrow to come for the hope in the future that bitcoin is developing for better benefits of bitcoiners and bitcoin users.
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voronint11
Newbie
Offline
Activity: 14
Merit: 0
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September 28, 2017, 01:00:31 PM |
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In my personal opinion I would compare a development on blockchain with the development of a drub by a pharma company listed on stock exchange, the price might sure in anticipation for the final product but there is still much uncertainty during the development and approval process.
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ethereumhunter
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 03:06:23 PM |
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Hello, everyone.
Topic: Price and development process.
As you can see, many new coin prices surge up to 50%, 100% in a month. Have a look at WTC, OMG as an example.
Many traders claim that coins are undervalued because that project is huge, and their supplies are limited.
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
I have seen many cases like this in the stock market. When the price goes higher but the development of the company cannot follow the price. It always crashes, dips down back to normal state. As an example to this in crypto market, I point our STRAT. Yes, they are still in developing but the price was high AF in June. And it must back to base.
What do you think? Please share your opinion.
Bitcoin price now is nice but they're saying again about the price down of this 30th of september.But any way Im not worried of it because theres still tomorrow to come for the hope in the future that bitcoin is developing for better benefits of bitcoiners and bitcoin users. i am not worried too, i think its still our benefits if bitcoin price is down because we can buy again at lower price although the down of the price is not too much. i am seeing that bitcoin is still in the development and bitcoin today is still younger and need time to reach the better system. blockchain itself is need to be maintain and the dev and the teams has the good work.
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HeRetiK
Legendary
Offline
Activity: 3052
Merit: 2166
Playgram - The Telegram Casino
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September 28, 2017, 03:14:47 PM |
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To me it looks like most people don't really care much about the development process or even the actual technical viability of a project -- pretty much everyone is only in it for a quick buck, which leads to the unfortunate fact that coin / token valuations are largely decoupled from the actual development process. Otherwise the market wouldn't look as overvalued as it is. Well, such is life, payday will come and hopefully everyone will either learn a lesson or get away largely unscathed. Correction happens in the Stock Market and it depends on the news, what the company decided to do in next year and what they are doing currently to expand their business, the Same thing happens in the crypto market if there is no development news from the developer then the price is likely to fall. A recent example can be seen to what happened to dogecoin after the news of no further development.
[...]
I didn't find anything about a development stop on DOGE, got any source on this? Poor shibes.
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crptotrader007
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 04:18:50 PM |
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The development and technology does play a role in the crpto market but its all about the crypto game where if a coin goes up it will surely come down one day and vice versa. There hasn't been a coin which has not suffered from a dip. Even Bitcoin, the king of cryptos, suffers from price drops and then recovers it as quickly as it does. P.S: To make the most out of a coin, invest in it in early stage.
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MissionPhailed
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 07:53:04 PM |
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Indeed: masses of traders are speculating the crap out of crypto, making unfortunate folks buying into peaks (like I did earlier this year) and leaving them burned. I think you can only see some sort of correlation between the price of a coin and its implementation / development if you look at a graph that spans years. AFAIK this is only visible with Bitcoin as virtually all alts haven't been around long enough yet.
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John Wick
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 07:55:40 PM |
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Hello, everyone.
Topic: Price and development process.
As you can see, many new coin prices surge up to 50%, 100% in a month. Have a look at WTC, OMG as an example.
Many traders claim that coins are undervalued because that project is huge, and their supplies are limited.
So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
I have seen many cases like this in the stock market. When the price goes higher but the development of the company cannot follow the price. It always crashes, dips down back to normal state. As an example to this in crypto market, I point our STRAT. Yes, they are still in developing but the price was high AF in June. And it must back to base.
What do you think? Please share your opinion.
I disagree with you about bubble thing. Altcoin prices are low compared to their ath values and this can't mean we're in a bubble right now. The market is bear market for 5-6 weeks. The entire cryptocurrency market, including tokens is in a MASSIVE bubble at the moment. Companies are launching tokens left and right and money is pouring in. However, the truth is 90%+ of them are bound to fail. This growth rate in not sustainable... I predict before the end of the year there will be bloodshed. Red bars across nearly every trading chart - Bitcoin included.
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xFiber
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 28, 2017, 08:16:36 PM |
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You need to take the prices of coins that are out of the top 5 with a serious grain of salt. Most prices are solely based on speculation. You have to realize that a lot of speculation is going on. People assume certain projects have real use cases while in reality nobody will use it.
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posternat
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2017, 04:36:09 PM |
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The development process has a lot more to do with a lot of different factors that just price. Whatever it is you think you need to start developing you need about 10 times that much. Most people's issues with developing a new coin or developing this or that it's the fact they do not start with enough money and they never will.
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BrewMaster
Legendary
Offline
Activity: 2114
Merit: 1293
There is trouble abrewing
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October 03, 2017, 05:32:35 PM |
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So, I want to talk about the development process. You know, developing on blockchain is not like waving keyboard, they can't make things done in 1 day. It may take months or year.
it actually is just as easy. these days you just find the code and copy paste it and you get yourself a new coin. the same with the ICOs. for someone who knows how to do it, it will take a couple of minutes to a couple of hours if you want to really work on it to release something pretty enough to fool others. What do you think? Please share your opinion.
the question should not be about time consumption of the process but instead about the process itself. what i mean is that you should see "what" they are developing not how long it takes to develop it. we are talking about cryptocurrencies and no matter what they develop none of them except bitcoin have really reached any level that you can call them "currencies". and don't even get me started on ICOs that they don't really do anything. they just call themselves "company" and pretend to do something until they get enough money in their pre-sale.
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There is a FOMO brewing...
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reflector
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2017, 05:53:59 PM |
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The development process has a lot more to do with a lot of different factors that just price. Whatever it is you think you need to start developing you need about 10 times that much. Most people's issues with developing a new coin or developing this or that it's the fact they do not start with enough money and they never will.
They are creating new coin and offering ICO and all fine but some of the people scam the others via ICO token sale time itself. Other than all other development process been stuck towards bitcoin and blockchain technology are good. Price it is always fluctuate we cannot say this is the exact time when the bitcoin price bump or dump.
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Reid
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 03, 2017, 05:57:21 PM |
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I do see support from users are the most relevant here. The developers would need to create a lot of thing that will make their users last until a good price is taken. Most coins suffer in just a month like you said but many are doing it the slower way which are ICO's which takes months before it ends. That way they could also develop the features of the project and make it more inviting to investors.
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kidsuzudn
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October 04, 2017, 06:44:55 AM |
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I know what the current price of bitcoin is. That's most of the reason why Waves was dropping before. Bitcoin price isn't a sole reflection on Waves price though. I've been in the crypto space for a long time. I've watched ETH have its boom from mere dollars... I remember 400 dollar bitcoin... I bought into Litecoin when it was 3 dollars. Don't need any instruction on how to view it's price thanks though. Things are going the way that we can't predict. So just live with it.
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