Post
Topic
Board Announcements (Altcoins)
Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
by
solid12345
on 06/07/2015, 17:59:51 UTC
The situation in crypto now is that good news and great features usually don't affect the price. Pegging and real trades, working market — that is what we need.

I've been trying to say for weeks now, if you think pegging can and will work, then why would you want a price rise? There is no way any whale is going to allow the price to rise when they can accumulate what could be a fortune in the near future.

Why fret over 50 satoshi Bays if you think $1 is on the horizon? It's worth throwing down 1 btc worth and just cold storing it for 6 months, i'd not worry about it. If the pegging doesn't work it you're out $250 bucks, if it does you're a millionaire, pretty good lottery ticket in my book.