Anybody think REDD is going back to 40 anytime soon?
Thx
Dont worry we'll get back there very soon, 9 - 10 is the bottom and it will skyrocket in the next 2 week. Actually it's a perfect time to double your stash at very low price, I have doubled mine already.
let me see what the market(s) is doing...
oook was 9 sat yesterday is 13 sat Today, checking crypo wallet status.. also important then round around reddit (interesting ideas there are being generated) then twitter status updates and general dynamics of the whole thing
not seeing 60 to 100 BTC sell/buy (depends in which direction you are looking) walls as they were before the fall (that was right in your eyes indicator), seeing 20 BTC so that's 1/3 and these are simply opportunity buys
learning a LOT from all this, if RDD had no future you would see people virtually abandoning ship and taking losses to preserve some element of their invested capital, not seeing this happening at all
given the circumstances we are doing ok at the moment
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cross posting Reddit comment I made , with some reference to XPM primecoin but with relevance to REDD (my handle on reddit is xpm888 and I just received my first tip! beer tip lovely
"two words why you should reconsider, relatively low yes low difficulty level, given that fpga is under development (and China underground might already have it, fpga can be structured to solve for Fermat, CS do exists showing algorithm implementation in the chip because I checked) for it
Second, so called chain trees are being considered (advanced concept that bitcoin researchers and some other unspecified coins are working on) chain trees to spin off applications on the top of blockchain , possibly using custom Turing complete language
Don't forget just like in REDD market capitalizations for PrimeCoin is still large (relatively speaking) what you see is exactly what has happened to RDD (but not for long) you had GPU miners that were mining and selling in the cycle
With fpga difficulty level is going to increase so much GPU miners will be taken out of equation, it will lead fpga to consume large amounts of coins and maybe they will release these coins to the market or keep and make coins extremely difficult to get straying off the main subject of REDD but point is that REDD uses POSv system and no such a problem exists, no need to worry about fpga or people holding or releasing coins.. this is now history,
Rest REDD needs work on and market is to develop usability tools for business (such as mobile wallets/ mobile SDK for app developers, SDK for this and that, open heck out of platform and there is going be media attention)
you bought to the correct coin and congratulations!
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ok completed REDDIT REDDCOIN exercise (also installed their chrome tipping extension) why the tip, a substantiated claim of android code base for RDD (IOS still awaits) all of this is ultra positive
comment replyAnyone be interested in a RDD price app for android?
from reddtipbot via /r/reddCoin/ sent just now
show parent
/u/xpm888 gives /u/muchape a yummy cookie ♪┏(・o･)┛♪ worth 330 Reddcoins ($0.0254)
