Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace

when will this coin be %5 of a dollar?

How about never. This has been ruined by someone who is clueless how the market works. Judging by the books and stagnation I'd say one person owns well over 50% now if that was a whale that new the game, this could rocket! However, as I said someone who is clueless is holding them.

That same person will destroy their investment lol because there is no room for proper players to get in without taking the price to levels where this coin is not worth and will not give them room to profit.

All in all, this coin will die because of that big holder and the volume will always remain as terrible as it is now.

Message to big holder........

You are killing your own investment lol

You realize this coin will be pegged right? Making the scenario you mentioned above impossible. It won't matter if a whale holds 75% even still the coin will force value by freezing supply by voting. That's the whole point.

If you don't understand you will need big players to push this forward then all I can say is good luck. Who the hell is going to know that the peg has begun when it only has a few inside investors. It is a shame because you look like you reached the market first but others have caught the boat so to speak. Good luck either way, you work well.

ALOT of people know the pegging is coming and if you have a general interest in Crypto you should be aware of Bitbays decentralised market and its forthcoming rolling peg system!?
A lot of people are waiting to see if David can pull this off and if he does (which he will) it will be a game changer and will attract a lot of interest from a lot of people.
Crypto is a big risk and if you have a lot of money, investing a lot makes it more riskier! So these people want to see it working before ploughing vast amounts of money into it.

If alot of people knew the peg was coming then the market would be on fire because of the previous updates David has delivered on. It would not need to be released to get the ball rolling, in the game I play we buy on rumor and sell on news not the other way around.