Re: [ANN] VOXELS (VOX) | The Official Coin of Virtual Reality and Voxelus Platform
Well ,it's quite evident that no proper planning was done for the market launch.The little bit of hype they did try to create with the fake poloniex addition news and the Uphold inc. setting the floor confusion and the radio silence after that has already had it's toll.
The Voxelus team is looking at it as a long term perspective which is ok for investors but a nightmare for day traders as there will be no constant hype or marketing. Take a look at Voxelus forum.There's hardly any activity there. The Voxelus platform is still in it's very early phase and will take a good amount of time to be beta ready.
The coins were clearly very overvalued at the 100k sat ico prices and by the look of the team and the product they have in hand and with the current altmarket bear outlook even 40k Sat price is quite overvalued.I'll be looking to catch some knives at 20k Sat and lower.
Have a look at storj coin all timechart to get an idea.
http://www.cryptocoincharts.info/pair/sjcx/btc/poloniex/alltime
http://coinmarketcap.com/assets/storjcoin-x/
They have 500 million total supply and only 49,518,143 available coins with the rest being held for future crowdsales just like vox.
When storj market opened it also went down considerably from ico price but in due time the team proved their worth by working hard towards an impressive decentralized storage platform with a nice imbibing community around it.The current price reflects the same.
Point being it's just the beginning.The project has a long way to go and lot's to prove. The current economic structure is just too hard to sustain and it will have a big correction towards it's deserved value.
When the team starts delivering the goods it will recover to it's ico prices and much beyond but "ALL IN DUE TIME".
One should keep that in mind and invest/trade accordingly.
The Voxelus team is looking at it as a long term perspective which is ok for investors but a nightmare for day traders as there will be no constant hype or marketing. Take a look at Voxelus forum.There's hardly any activity there. The Voxelus platform is still in it's very early phase and will take a good amount of time to be beta ready.
The coins were clearly very overvalued at the 100k sat ico prices and by the look of the team and the product they have in hand and with the current altmarket bear outlook even 40k Sat price is quite overvalued.I'll be looking to catch some knives at 20k Sat and lower.
Have a look at storj coin all timechart to get an idea.
http://www.cryptocoincharts.info/pair/sjcx/btc/poloniex/alltime
http://coinmarketcap.com/assets/storjcoin-x/
They have 500 million total supply and only 49,518,143 available coins with the rest being held for future crowdsales just like vox.
When storj market opened it also went down considerably from ico price but in due time the team proved their worth by working hard towards an impressive decentralized storage platform with a nice imbibing community around it.The current price reflects the same.
Point being it's just the beginning.The project has a long way to go and lot's to prove. The current economic structure is just too hard to sustain and it will have a big correction towards it's deserved value.
When the team starts delivering the goods it will recover to it's ico prices and much beyond but "ALL IN DUE TIME".
One should keep that in mind and invest/trade accordingly.