Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ZEIT] ★ZeitCoin★ COMMUNITY [FULLY POS | 20%] [ZEIT KNIGHTS]
by
kiklo
on 15/07/2015, 18:48:40 UTC

This is so podizzle.
We will have to make some adjustments to mejordar some behaviors, because it is clear that such a fall in ten days is inadmissible!
I can assure you that no major investor is going to bother to invest some in a coin that falls so heavily, and without can recover anything of the invested by not having liquidity.

More stability is always nice, but as it being a major issue, a simple comparison
Bitcoin high was $1,242 and now only ~$300. Basically divided by 4.14 times.
Zeit hit $700,000 and is now ~$350,000, basically only divided by 2 times.

One thing I learned from watching the markets , major investors always have their own agenda.
It is those of us with resolve to weather the price fluctuations,  that will make the final determination of the success of Zeit.

This is the danger after a Spike in Price, especially with a bot that sells just to lower the price on cryptsy without regard for making a profit, it causes feelings of despair due to the price drop, which by the way are totally false, take the average price over a 3 or 6 month period and you will see we are growing.
Will their be more price spikes, no doubt. But average them over a 3 month period , and you will see they are no big deal, just an opportunity to buy more zeit after the dump. Also why we have to be patient and focus on strong slow growth, if we rocket up like last month, begin preparing for the reentry which is just a part of that cycle.  

 Cool

FYI: Best example of why to view investing in Long Term verses Short Term.
http://www.theguardian.com/technology/2013/oct/29/bitcoin-forgotten-currency-norway-oslo-home