Post
Topic
Board Announcements (Altcoins)
Re: [XRA] RateCoin | PoS | Unique Generous Rewards | Low Supply Inflation
by
Hedgehog01
on 20/02/2016, 08:03:32 UTC
No new News?

Price crashing??
I don't see anything new around here. Yobit someone is selling for dirt cheap. We need to regroup and get back to some exchanges. It is my opinion that with everyone locking their coins we just dont seem to have enough trade volume to keep these exchanges happy. When we first got everything sorted out people were buying like crazy, now everyone's coins are locked up awaiting the 256 day interest payment. I think we need to find a way to encourage trading more, and also keep new interested party's coming in for profit. I watched us ride at 600 650 for a good long while, I watched as someone loaded with btc pushed the price lower and lower and lower until the floor fell out of the price. I sat here looking into the computer wondering if I should try to intervene. I was told not to, to let the free market take place. I dont think what I saw happen was free market. I also think the type of coin this is Long term hold goes against us when it comes to Volume and trading. I know most of you all know this I wanted to put it out there in hopes we could start to form a plan to overcome some of these obstacles. I would like to thank Presstab for being a great Developer. I challenge the rest of the community to come up with some ideas to fuel this fire. Fish

I don't see how everyone locking away their coin is causing the price to go down, on the contrary, there are less coins on the market.
The way I see it is there is simply lack of demand for the coin.
So I think the main way to get back on track is to get more people interested in the coin.

I don't have any ideas really but maybe some smarter ppl here do?