Quote from: Mokota on October 24, 2016, 01:51:47 PM

Quote from: Rysii on October 24, 2016, 07:27:45 AM

Why are people prematurely getting excited? The ICO price was, what, about 20k sat? I could understand the excitement from those who scooped some up sub 4k sat but ICO investors? BRK needs a 300% rise just to get back to ICO price so until then you're in the red. Its literally averaging at 5k right now with a dip some time ago to 2k sat. Forget news, market movement is all that matters.

I get it people want to be hopeful but I've seen this all before. For those new to crypto trading:

Hype but no substance = pump
Substance but no hype = no pump

This is the law of shitcoins.

I want to see this rise as well, but no doubt a dozen shitcoins will give you better returns (300-500%) in the very short-term instead of having your BTC tied up in this. I don't think much will happen after platform release. Perhaps a few panic buyers will kick up the price a few k sats, but whatever happens it will be short lived.

Good luck all.

Don't forget there's also a difference between trading and investing. Sure you can trade a lot of shitcoins and if you pick the right you can win a lot fast. But if there's a winner there is also a looser. So it's also much luck involved... especially because the most of these coins have no substance, no new features, no project behind. Only copycats.

The problem is, this whole coin community has this pump and dump mentallity and don't care about the substance.

That's why the price on brk dumped so much after ico. Most people don't want to invest for a longer time and then wait for the development of the project. They only care about the chart and want to dump their coins asap.

At the moment i'm happy with this coin, because they are still in the roadmap and they are on the building process at the moment.
That's why there is no advertisment yet. They first want to build up the ecosystem of BRK. It just wouldn't make sense to pump the market right now. And it also wouldn't make sense to advertise it in the actual state.

So people have two options.
1) Just go out... sell your coins and search for any new pumpcoin and hope you are lucky.
2) Wait and hold. And eventually the project really gets great once the BRK ecosystem is developed and the marketing phase begins. If it becomes successfull, the price will follow the substance.

I don't know what happens, it's a startup. Everything could happen. But i'm still confident and hold my BRX. And i also believe they have a big picture... they are not heading for the coin community as customers like most other coins. They think big and don't care about the actual chart. So this could eventually become a big thing. Just my opinion.

I could respectfully agree with that. Just glad some people have their own reasons for optimism and not just bandwagon short-sighted hype (especially when they're -75% at these prices).