Oyster Pearl: Why I think It's a Long Term Hold

[Thinvestor]

PRL mooning today, any reason?

Data dash one of the biggest youtube channels(in crypto rold) referred it as an undervalued coin for 2018

Nice, thanks data dash!

[raulo1985]

I hate myself for not buying PRL yesterday, I was about to, but decided to wait for Elixir to pump a little to get the money from there to buy some PRL (I know, it doesn't sound smart to sell Elixir right now, but I don't have another place to get money from now, and wanted to make a more balanced portfolio including PRL). Didn't know PRL was going to explode today. I really don't know if I should wait till tomorrow to see if PRL has some correction or if the price of Elixir pumps up a little, or, what the hell, just do it now. Need advice, please.

[thomascr9695]

I hate myself for not buying PRL yesterday, I was about to, but decided to wait for Elixir to pump a little to get the money from there to buy some PRL (I know, it doesn't sound smart to sell Elixir right now, but I don't have another place to get money from now, and wanted to make a more balanced portfolio including PRL). Didn't know PRL was going to explode today. I really don't know if I should wait till tomorrow to see if PRL has some correction or if the price of Elixir pumps up a little, or, what the hell, just do it now. Need advice, please.

Nobody knows for sure. I bought some yesterday. I gues buy now and hodl

[ChrisCross86]

I hate myself for not buying PRL yesterday, I was about to, but decided to wait for Elixir to pump a little to get the money from there to buy some PRL (I know, it doesn't sound smart to sell Elixir right now, but I don't have another place to get money from now, and wanted to make a more balanced portfolio including PRL). Didn't know PRL was going to explode today. I really don't know if I should wait till tomorrow to see if PRL has some correction or if the price of Elixir pumps up a little, or, what the hell, just do it now. Need advice, please.

Holding both and jumped in around X-Mas to low prices.

Oyster is mooning right now. A small dip might come before moon again.

Elixir is really stable now. Pumped to 1.3 and is now stable around 1 USD and will not get lower anymore.

My advice: Join now!

[raulo1985]

It's just that it kills me that I didn't do what I was planning to do yesterday. I could have sold some Elixir when it was almost $1.3 and bought some PRL before it was over $1. Hell, now it's nearly $1,5, and Elixir is below $1. Damn, and my intention was always to buy PRL, it seems that I waited one day longer than I had too. But what the h.., I'll do it now. Thanks guys 

[JetSet11]

The tech behind PRL is really clever. I was somewhat averse to file storage on my computer, but then I thought of cookies and realized that advertisers do that now anyway. Anyway, I'm in and I'm glad that I got in before this current pump. Hopefully it goes to the moon.

[Sheckley]

I like your predictions, so I'm going to hodl this coin until it reaches 1 billion capitaliìzation. Then, I will happily retire

[ZZ727]

Bought in later to this then I wanted, however can't complain about the doubling over last couple days 

[rezius]

PRL mooning today, any reason?

- Got a huge following from Reddit in the morning
- Got a huge following from DataDash in the afternoon
- Testnet end of this month
- New website in two weeks

My price projections are becoming pretty accurate.

[Crypto_lion]

Good points on the thread. I hope and believe that it eventually turns out to be hit .Having limited number of supply of 109 million will surely help by pure demand and supply

[suvo05]

PRL mooning today, any reason?

- Got a huge following from Reddit in the morning
- Got a huge following from DataDash in the afternoon
- Testnet end of this month
- New website in two weeks

My price projections are becoming pretty accurate.

Yes your price perdition is becoming accurate,PRL has a very good project behind it. PRL current price is almost 1.65$ and only couple of days back it was below 0.5$ . I had missed a great opportunity of buying some pearl that time.

[Thinvestor]

PRL mooning today, any reason?

- Got a huge following from Reddit in the morning
- Got a huge following from DataDash in the afternoon
- Testnet end of this month
- New website in two weeks

My price projections are becoming pretty accurate.

Yes your price perdition is becoming accurate,PRL has a very good project behind it. PRL current price is almost 1.65$ and only couple of days back it was below 0.5$ . I had missed a great opportunity of buying some pearl that time.

Still has a low marketcap in my opinion, never too late my friend

[summervox]

I'm interested in Oyster Peal, but I found this thread on their Subreddit very concerning: https://www.reddit.com/r/Oyster/comments/7n4i1l/whitepaper_update_data_storage_will_now_scale/

It's buried under dozens of "yay the price is going up!" threads, so nobody is really talking about the fact that the devs themselves have admitted there's a major oversight in their Whitepaper that they haven't figured out how to solve yet.
Basically 1 PRL token allows the storage user to upload X GB worth of files onto their cloud for 1 year.
Originally X was going to be 1 GB, but they realized nobody is going to spend $2/GB.
The problem is as soon as X is set, as the price increases (which investors obviously are hoping for) it looks less and less interesting to storage customers.
And as the price-per-byte decreases, it looks less and less interesting for webmasters to bother with.

This seems to me like a major hurdle.

[rezius]

I don't really think it's a big concern, the devs are literally working 24/7. You can Bruno the question yourself in the Telegram and I'm sure he'll have a response that satisfies you.

[rezius]

I'm interested in Oyster Peal, but I found this thread on their Subreddit very concerning: https://www.reddit.com/r/Oyster/comments/7n4i1l/whitepaper_update_data_storage_will_now_scale/

It's buried under dozens of "yay the price is going up!" threads, so nobody is really talking about the fact that the devs themselves have admitted there's a major oversight in their Whitepaper that they haven't figured out how to solve yet.
Basically 1 PRL token allows the storage user to upload X GB worth of files onto their cloud for 1 year.
Originally X was going to be 1 GB, but they realized nobody is going to spend $2/GB.
The problem is as soon as X is set, as the price increases (which investors obviously are hoping for) it looks less and less interesting to storage customers.
And as the price-per-byte decreases, it looks less and less interesting for webmasters to bother with.

This seems to me like a major hurdle.

Bruno posted this 9days ago:

The decision was made over 2 months ago that the storage peg is dynamic and increases over time. Therefore one day 1 PRL will equate to 64 GB and beyond.

[Mehjia]

Does it worth buying now at this price or wait for a little downsize ? I have also bought at 0.4$ and now I don't really like buying it at this price

[mysacrifice]

PRL mooning today, any reason?

Data dash one of the biggest youtube channels(in crypto rold) referred it as an undervalued coin for 2018

It is totally true. Oyster is still undervalued despite it looks like gained much.

I have some Oysters and following news from dev and watching price going up is so fascinating. I'm so happy I've invested in dear Oysters.

[totholio]

So sad that the website is still potato. Was planning on holding but sold at the first pump. Couldn't be more angrier.

[Roy_Watchdog]

Watching closely.

[mundang]

This project is unstoppable the last time i saw the price its only 0.7$ and now its more than 1$, lucky are those who buy when price is only 0.03$. I knew it before that i must invest on this project but my instinct says no.