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StephenJH
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June 20, 2020, 06:16:51 PM Last edit: June 20, 2020, 06:28:19 PM by StephenJH |
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I'm also not fond of altcoins investment, as you said l prefer to invest in top altcoins either. l think they are more profitable among others. But about Render to tell the truth l don't have any experience with this token and l did not invest in RNDR. Maybe it can be profitable in the future when l look at the movement of the token l can realize that it shows really good movement and price of the token is increasing. But none can predict how long can it move so, maybe after days it will start dumping again. If you decide to invest in RNDR, when price increases more, sell it.
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Slow death
Legendary
Online
Activity: 3206
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
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June 20, 2020, 06:34:47 PM |
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from what I saw is a 2017 project and there is no ANN thread here on the forum. I found this post: I just found this, someone commented on a youttube video. I couldn't find a bitcointalk thread about the project and was wondering why there is none. Does anyone have further information on this? The idea looks good, would be very cool if there was a system competing for the render-power of GPUs that are currently mining. It could result in a reduction of difficulty for GPU based crypos if there is enough demand to direct GPU power to rendering. However I have no idea if this a legit project. The website is slow I wonder if they are Monero mining in the background. https://rendertoken.com/And I found this video: https://vimeo.com/231572056 https://bitcointalk.org/index.php?topic=2214929.0It is very strange that a very old project is devalued, something must not be right in this story and I think you should be very careful
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Alohadanc3
Member
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Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
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June 20, 2020, 06:40:49 PM |
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Same here. My most of the portfolio are filled with bitcoin and large cap coins like eth, cardano, matic, chz. And few days earlier I heard about RNDR. Firstly I thought it was just a shitcoin and some people are trying to pump it somehow but then I checked their website. And saw that the idea is very good plus they have a good team seatup. Even CEO of bat is working with them. And they only listed on 2 small exchanges. So they have a very good chance to grow. The project is interesting. If I can find a good point I would invest a small portion of my portfolio.
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Ceyflix-Rez
Member
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Activity: 420
Merit: 13
$CYBERCASH METAVERSE
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June 20, 2020, 07:56:43 PM |
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People call a coin an hidden gem for different reasons, I don't expect you to bet on that, you need to do your own findings before investing, find out the real reason why this coin is hidden gem, if you don't see any them move on
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HunterUnchained
Jr. Member
Offline
Activity: 182
Merit: 1
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June 20, 2020, 08:20:50 PM |
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They all seem to come with so much promise and fizzle out when it seems like they have gotten attention and more interest builds up, it suddenly goes the same way others that came before had gone. Its always a great thing to be sold on the main idea of a project and how sustainable it is in the long run than to be sold in on the hype which most likely ends once the burst is finished. Research more on a projects product, use case and team commitment. These are some of the paramount reasons as to why a project will be around for years.
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XCANA
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June 20, 2020, 09:08:16 PM Last edit: June 20, 2020, 09:21:29 PM by XCANA |
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If this token is the next gem or big thing then what about the top altcoins in the industry?, this should be careful with because the project is an old project which should have by now be holding grounds against other altcoins. Although, some good project with prospect can be adopted for development, this should be one of such, but for anyone who choose to make an investment with this token should do their research before invest. I have always prefer investment with Bitcoin only.
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didzi
Sr. Member
Offline
Activity: 1092
Merit: 250
Hodlers Network
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June 20, 2020, 10:22:19 PM |
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i think the hype already come to this token now, and maybe coinbase blog is the causes but i see this token listed on coinmarketcap few days ago, so, people should learn more about this project before decide to invest
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jossiel
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June 20, 2020, 10:56:07 PM |
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IMO, Don't buy the opinion of others mate. Many times we have heard of that magic word and there is always a counter reaction whenever someone is telling you that for an altcoin. I'll be careful to get in for that coin if the chart is showing an uptrending because it could be the last time that it will be pumping. Although I can also be wrong with this.
If, there is really something to show for this coin and it's trying to work with different big names. Keep observing.
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Twinkledoe
Full Member
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Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
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June 20, 2020, 11:00:52 PM |
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IMO, Don't buy the opinion of others mate. Many times we have heard of that magic word and there is always a counter reaction whenever someone is telling you that for an altcoin. I'll be careful to get in for that coin if the chart is showing an uptrending because it could be the last time that it will be pumping.
If, there is really something to show for this coin and it's trying to work with different big names. Keep observing.
Absolutely agree! If someone says this and that is the next big thing. Most of the time, they are the holder of that particular coin or token. The mentioned token is rising its value at the moment, but don't forget that it maybe a trap. Ask yourself first, what is the reason why it is increasing? Does this token have valuable use case in the market? If there is not, then they are just selling empty news here. Don't buy it.
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Rengga Jati
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June 20, 2020, 11:16:32 PM |
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I don't even know about this project. The rank is in 2253 with good enough volume 7.77147402 BTC. However, sometimes when people say "it will be the next big thing", it means that it will not be a big thing, or it will be as a usual thing. Moreover, it is about the promotion and how the project developed. Sometimes, people now in the crypto world will be only interested in real projects with real products. It also will depend on how the progress of the projects, coin listing, and also its volume. Too risky to put funds into a coin that has no good progress. However, let's see how this coin can prove to us whether it will be more and more valuable or not, or even as usual.
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jossiel
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June 20, 2020, 11:22:23 PM |
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IMO, Don't buy the opinion of others mate. Many times we have heard of that magic word and there is always a counter reaction whenever someone is telling you that for an altcoin. I'll be careful to get in for that coin if the chart is showing an uptrending because it could be the last time that it will be pumping.
If, there is really something to show for this coin and it's trying to work with different big names. Keep observing.
Absolutely agree! If someone says this and that is the next big thing. Most of the time, they are the holder of that particular coin or token. The mentioned token is rising its value at the moment, but don't forget that it maybe a trap. Ask yourself first, what is the reason why it is increasing? Does this token have valuable use case in the market? If there is not, then they are just selling empty news here. Don't buy it. He can keep on observing if there is something really good for this coin. However, for me, I won't spend that much time buying a coin that's actually new to me and just heard from somebody without further research and understanding. But if time comes and this coin has proven us to be wrong and going outside of being the lowest rank, things will surely change.
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Saisher
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June 21, 2020, 02:41:52 AM |
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Looks good on volume and price it looks like a good bet if it will be listed by Binance then something good will come out on this it's your money anyway you have to be the one to render a decision if you look to invest or not, Binance is still a good parameter for a good project so, goodluck.
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kensaii
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June 21, 2020, 04:21:45 AM |
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I also saw some potential in that coin. I don't know why people don't like altcoins investment when literally every big shot or top coin right now all has its altcoin phrase. My take on that coin is: if you looking for long term investment then I don't see any wrong on invest in RNDR.
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cabron
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June 21, 2020, 04:38:56 AM |
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IMO, Don't buy the opinion of others mate. Many times we have heard of that magic word and there is always a counter reaction whenever someone is telling you that for an altcoin. I'll be careful to get in for that coin if the chart is showing an uptrending because it could be the last time that it will be pumping.
If, there is really something to show for this coin and it's trying to work with different big names. Keep observing.
Absolutely agree! If someone says this and that is the next big thing. Most of the time, they are the holder of that particular coin or token. The mentioned token is rising its value at the moment, but don't forget that it maybe a trap. Ask yourself first, what is the reason why it is increasing? Does this token have valuable use case in the market? If there is not, then they are just selling empty news here. Don't buy it. It usually that person shills for it because he owns a bag of it. Two years ago we thought its SHARDING that is going to be making the crypto markets explode but the Decentralized Finance snatches it this time. Octane and its improving graphic images may have a place in crypto but probably only for the games that need graphic images but good luck to its holder.
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maxreish
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June 21, 2020, 04:48:53 AM |
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I don't think so. Render token has been launched since 2017 or 2018 but the progress is not that good like other altcoins. Investors are not considering this token because as you have said it is also undervalued. If it is hidden gem then we can see some potential even before in this token. But still nothing.
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maydna
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June 21, 2020, 06:04:56 AM |
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When it comes to the altcoin, we have so many altcoin projects which say that it is undervalued, and it can increase so high in the future, or the coin will give you the biggest profit, and else. That will make us confuse about choosing the altcoin because almost all altcoin will do the same thing, but if we don't have a clue to select the coin, you don't have to choose the new coins or unknow project. You can choose the existing altcoin, which already has a history, so you can know how good the movements. But if you want to give it a try for that coin, then you can do that, but only if you remember that you don't have to invest with all of your money because that will be too risky. The investment that we make will be our responsibility, and we should know what we need to do.
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Squezzi55
Member
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Activity: 266
Merit: 11
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June 21, 2020, 06:56:59 AM |
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Are you that willing to bet on what people say? They might be wrong, don't invest because people said you should, don't be a lazy ass, you can do research yourself and find answers, you might uncover what others can't, get to work
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bgaf
Sr. Member
Offline
Activity: 644
Merit: 257
Worldwide Payments Accepted in Seconds!
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June 21, 2020, 08:56:16 AM |
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Problem here is its listed on Probit that known to have manipulation on market. It is also listed on hoo but this one I dont know if this market is good but the highest volume of this token is traded there. Does this project have or conducted any crowdfuning or any IEO? The volume is great but I need to check first if this concept or platform what for.
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RapTarX (OP)
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June 21, 2020, 05:12:09 PM |
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It seems the project is an unknown one which turns me to suspect what's going on. It may end as a pump and dump coin at the end. Does this project have or conducted any crowdfuning or any IEO? The volume is great but I need to check first if this concept or platform what for.
Afaik, they didn't. I have also that is mind. I am yet to read all the details. I don't know the emission model of the coin. If they have premined or not. So far, it seems to be a very risky investment because the project isn't transparent at all.
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