closed

[Kikyca]

this is starting to look like another pump and dump

Although of course possible, I would say, not yet.

All free coins have dumpers, Comm did, ITC did... it just happens. Basically people just need to wait out those who got freebie stakes to dump. I recall Comm being sold at like 10 sats for a while when it first started out... rising to over 250.

Also keep in mind there are always price corrections too. Coin is sitting at 600-800 right now, which is about exactly where it was yesterday early evening-ish, so I wouldn't worry just yet. A lot of the higher orders yesterday were pretty low volume, so it's not like it was chugging along at 1400 with enough support to sustain that price ... there had to be some fallback.

Anyway, that's how I would look at it. Assuming the dev adds new stuff as time goes on, price should stabilize and rise.

Agree...

[ROBERTO]

Stop crying is not the dev who makes the price, but sellers! Go tell sellers not to sell their coin at this price!
But it's not possible! Each is free of the acts!

This is the law of the market!

Maybe some will regret later!

Cheers

[jukka]

Stop crying is not the dev who makes the price, but sellers! Go tell sellers not to sell their coin at this price!
But it's not possible! Each is free of the acts!

This is the law of the market!

Maybe some will regret later!

Cheers

Exactly, if there are weak hands, it is not devs fault!

[Kikyca]

Waiting for new features and watching coins staking   there has been only 2 days of coin... some time is needed to loose those dumpers.. It is a lot of them we as comunity will ceap coin stabile

[Kikyca]

I remember Sync coin... people dump it to 0.12btc and then it rised to 1 btc and is around that price since than... this started preety much the same... When people recognize the fact that all good work takes time price will go up and all who are selling it cheap will be sorry

[7000years]

Why is this coin dumped? Am I missing anything?

Reversal is already happening

Seems to be taking a while, but I still have confidence.

[jeffersonairplane]

I scooped up some cheap coins at 450 - 550 

[InitialDat]

I scooped up some cheap coins at 450 - 550 

Jeffersonairplane, it was me that took a big chomp on that Voot sell wall  

[jeffersonairplane]

I scooped up some cheap coins at 450 - 550 

Jeffersonairplane, it was me that took a big chomp on that Voot sell wall  

Nice Don't think you will regret it

[InitialDat]

I hope people start to realize the potential of this coin and its community.

[Kikyca]

 

I hope people start to realize the potential of this coin and its community.

There are only few coins that has this like strong comunity in the begining... this is only the beginig

[Thewolfofcrypto]

Let these people dump enjoy it, ride the waves, grab a surfboard and x 5 your holding 

[InitialDat]

Remember guys, Dev also asked us to assist him by answering questions to new investors as he cannot do it during his work hour. Let's try and build this community to something spectacular.

[Triffin]

"Fudding" and grousing already ??
Give bosman a chance for crying out loud ..
He's got a 'day' job and a plan ..
All in due time ..

Triff ..

[interupted]

Here's the way I see it,  I'm looking and I don't see any reason for a sell off.  What we have is people that do not have any patience and are selling to jump on the latest and greatest promised probably scam. A wise man once said Buy when other people sell, and sell when other people buy, I think this applies right now.

[pujumba]

markets raping GPC  in all positions  

[Francecrypto]

Coin will go sideways for a little while and pump hard this week end you will see.

[damashup]

My advice to those who got coins through ICO/ Donations/ Distribution, that now feel compelled to sell is this:
Don't sell more than 10%* of your holding.

That should be plenty to give you a small profit on your initial investment. It also allows new people to buy in at an extremely low price... the more the merrier.

Selling all your GROUPCoin? If I'm wrong, congratulations you win (small time). But if I'm right, you lose (BIG time).

As always... the decision is yours.

*If you have bailiffs at your door, you'll be forgiven for selling 20%

[poornamelessme]

I generally assume many of those who paid something in the ICO will only sell a portion of coins to cover costs + maybe some profit. For freebie people... who knows... they should just hold, as the profit for the smaller amount of coins they have is somewhat minimal. I mean, why bother for like a .04 profit ... might as well wait and see if it can turn into something. Then again, freebie people always dump for whatever they can get, at least for a short while.

As for future stuff, I believe the dev said he was going to provide a whitepaper soonish, and then depending on the funds available, I expect we can start discussing new things to add to the coin.

In the meanwhile, getting the coin listed in some other places is always good. I suggest the dev contact coinpayments, and see about getting listed there.

Bter has voting (or at least I assume they still do), so it may not be a bad idea to get listed on their voting list. Getting on one of the Chinese exchanges is always a good idea, if possible.

[hrt]

how much did u paid to polo? coin that has been distributed figuratively saying ''for free'' got to the major exchange in hour after cex. This coin didn't even take the expanses to be mined. FREE COINS.

Just bumping. Is anyone able to set forth the above? My concern is why coin which is not really distinguishes itself among others on the background, got listed on two major exchanges in two hours? Wasn't this an attempt to push forward an elaboration on paid basis? Contribute something useful. Just want to have this enquiry resorted. Please don't FUD or question how high i sold as this is not the matter that does rely to my concern. Just answer what differs the common coin among others to get listed quite faster.