Post
Topic
Board Announcements (Altcoins)
Re: (JWL) JEWELS 🔷 HEROES LAUCHED 🔷 1ST JWL USE CASE 🔷 TRADING ON BITTREX
by
EpyxZ
on 19/12/2016, 22:36:32 UTC
So whats going on with JWL, did I miss something as the price crashed to 550 sat.  It's not for accumulation since there is NO buy support. price can dump down to 260sat with less than 32k dump.

What happened hmm ? life happened.
DEVs have small team its takes time to develop working stuff
that gaming on webside or new game.
We will see moves when those will be ready since BTC is speeding UP
investors will prefer be away form unproven coins like JWL.
(tip: good buy opportunity if you get any at 250-500)


The problem is there are not enough things to spend the coin on. More people need to buy and sell their in-game items if this coin is to exist.
I hope in time it will be possible to trade back and forth between game and exchange constantly. That way rare items count as assests.

I will keep saying this over and over, what comes up quick will come down quick.

We bought an investment in one of the most interesting crypto project and it takes time. The development is moving forward in a satisfying way and in a few months period this project will already be in a totally different place.

Let's think how can we help this project in the forum (and DEV will probably send some bounty for assistant, and even if they won't it is worth it)  instead of long thread of when will it be in POLO, more patience is needed and it must be clear to all investors that the patience will pay off. The assets will come, the gambling will come and rebirth will come as well soon. Instead of talking about it every week let's try to give DEV support and suggest additional JEWELS usage.

The question still remains. Does anyone know who or why it was dumped as low as it was. I know its near xmas but nothing happens in crypto for no reason. It wasn't a bash or troll but a question. I'm not looking for some conspiracy but just if anyone had any info on it.


Since the volume is very low (very very low lately) a single small holder that wanted to sell in marker price could cause it. If there was a dump the price will be lower. The volume is the reason and while new features and uses for the JEWELS coin are coming it will raise liquidity and it will enable to trade the coin without significantly effecting it's price. Those who sold did it with only small amount if you look at the volumes.

Anyway my message to investors is to take a deep breath and remove your sell orders, let Chris and team some time and when the market is ready for it we can trade the coin.

Thank you very much for that response. I assumed it was just a holder that needed btc. But like in the world of crypto to assume anything usually will lead you to not so great end results.
I appreciate the response on what you think about the price drop. There was never a question that the dev team was behind anything, This team has more behind them than most projects do and they have real world applications that have an actual constant user base. Gamer addicts do not go away EVER as long as content, new skills/dungeons etc are added regularly (and they do this for sure).