Post
Topic
Board Speculation (Altcoins)
Re: GameCredits Speculation
by
The Yorkshire Pudd
on 19/04/2017, 20:33:31 UTC
If the price broke the $1 mark to $1.10 the coin will struggle to dip under $0.90 again.  The support here will be huge for the day traders swooping in.  It would really need bad news to drop signifigantly down to $0.5.  Always people who reach a target price and take profits accounting for swings.  Maybe get a little more swingy with miners who insta sell rather than hold but that's nothing major.
I can see 1 bad news event but highly doubt it will happen and that would be for the crowd funding of the store to be poor.  I can however already see a lot of support for the crowd funding and this makes me think we could have a good news event in this area.  Over support / massive interest and investment will carry over into a increase in the game coin.  Could maybe see $2 by start of June with such large interest.