Post
Topic
Board Announcements (Altcoins)
Re: ★★★ GameCredits - The future of in-game monetization ★★★
by
avitas
on 30/03/2017, 00:24:31 UTC


If we wait to release on a set date, who's to say we won't cause a sell the news effect anyway? It happens all the time in cryptocurrency, and has certainly happened to us as well.


Agree.

Sudden increase in price usually leads to a retrace, and , if the rise/retrace is big enough, can kill progress by bringing in large numbers of underwater investors, who become emittered hecklers and spoilers.

The recent spike was bad news, as anyone can see if they read the runes.

There is then an overhang of potential sales, which increases like a snowball as the stalled price and trolls create more disillusioned holders lining up to get out.


Very slow and steady is the only way. Real progress, not price progress, leads the project.

Just IMO from 4 years closely following Altcoin markets (plus 35 years following securities markets)

the thing with GAME over the time i've watch it is that the chart doesn't behave like any of the other altcoins. 

it's been a steady rise every since getting investor attention.  i had a chance to enter at around 5000 sat and thought like any other pump and dump coin it will come back that way...welp now i'm just trying to catch any dip i can...look there's one now  Grin

as a gamer and crypto enthusiast, i can't wait to see what the platform can bring.