Quote from: qiwoman2 on June 27, 2015, 05:32:31 AM

Quote from: Biomech on June 21, 2015, 04:38:34 PM

Hey!

I got something to say.

It's better to burn out, than fade away....

Ok, enough Def Leppard, but it was appropriate. A bit of a strategy rant follows, for those of you who trade on exchanges.

Sellers. You determine the price. Since some of you are dumpers, LISTEN THE HELL UP!

Behind the scenes (as y'all have seen a glimpse of in the past few days), we are working hard to make this coin the different one. The one that goes mainstream. So to be honest, I, personally, am not all that concerned with current exchange price. But I'm irritated that certain people (you know who you are, and frankly, I don't) are willing to just toss the coin in the street. On the one side, this increases my stash. But on the other side, it's creating a negative perception. "Jones will dump the coin like a hot rock, there must be something wrong with it!"

Hell no, there ain't nothin' wrong with it. We busted our balls to make sure there's nothing wrong with it. And as y'all can see, the value is up, significatly. In my arrogant opinion, it still has a long way to go. Our FOCUS is to make THIS coin the one that is used on games that are sold in Walmart. You think a token like that is worth less than 500 satoshis? Personally, I think that 5 THOUSAND is unreasonably low.

So. Sellers, you control the market. You think Buyers do, but they don't. If they want the coin, they'll meet your price. Sure, the day trader who only looks at the last ten minute's numbers isn't going to play right, but so what? This is a long term project.

Strategy, boys. Strategy. If everyone who held GMC put their lowest sell order at 1500 sats AND HELD FAST, it would go way over that in one day. then you set the floor at 2k. And onward. It's the basics of real economics. If it's more valuable to you than what the buyer is offering, YOU HAVE THE WRONG BUYER. It's an exchange. It's largely anonymous. Just hold your cards. This is high stakes poker, and poker is NOT a game of chance.

I have already seen the "miner's have to pay electric bills" mantra. One, it's scrypt. Small potatoes, the damn things don't generate a big bill. Second, and far more importantly, don't you think you could pay those bills BETTER with the coin 3-4 times more valuable than it is today? I can't tell you how to act, of course, but I'd make the power company wait a couple days. The late fee would be FAR exceeded by the raise in price. And that was a modest goal I suggested. For the most part, My GMC are not for sale. At any price. but I do have a bit that I caught when idiots threw it away, and you'll not get it off me for less than 2K sats. If everyone took that attitude, where do you think it's value would set in a week?

EDIT. I changed my mind. 2K is far too low. Changed my orders to 5K, and there they will sit.

We are also on POLO and I see GRC is at a nice entry point to buy and HOLD..I will be looking to personally purchase some GRC for our QBK coin asset fund for long term appreciation and HOLD..I will also try grab a bag for myself too..

.. The gaming Industry is huge and with such hard working Devs this coin can only be a good investment long term..

GMC(GameCredits) not GRC(Gridcoin).

https://poloniex.com/exchange#btc_gmc