New all time low today for torcoin. I warned you about this scamcoin with VALID reasons but you kept screaming "FUD" like little kids. But people here are in such a denial that they believe all kind of bullshit by dev, like the Chinese investors story (lol?) he pulled out of his ass. But dont listen to me. Keep holding those bags tight boys 😂😂😂😂
But surely torcoin is not scam at all, the current price of TOR is 27912 and last week it was above 50000. the reason for this fall is that the dev have started a lot of bounty campaigns and they pay in TOR coins. Hence the people just dump as soon as they get paid with TOR from those bounty campaigns.
History has emphasized that whenever you give free coins , people will just dump it for bitcoins. A better option is to to pay in btc for promoting through any type of campaigns.
should be getting TorCoin listed on Cryptopia soon too!
There are no sell orders listed for TORcoin on the exchange you listed? Only a few buy orders that are severely under market price LOL!
Cryptopia should definitely bump up the price of TOR, however the sig campaign will probably dispense a few thousand TORcoins, which will keep the price low.
No, the sig campaign doesn't dispense that much TOR - maybe a couple hundred TOR per week
BUT .. I do need to re-think my bounty strategy for marketing, ESPECIALLY on this forum. The reality is, very very few people from this forum actually invest in any cryptos. Checking analytics, my traffic from bitcointalk is 1.2% of my total traffic to TorCoin.org. Most investors come from clicking ads on NewsBTC or coinmarketcap or some other big site that I'm running ads on. Almost no one comes to the site from Bitcointalk. Therefore, I might be wasting time and TOR by offering a sig campaign here. If paying TOR bounties to bitcointalk users results in people SELLING TOR but nobody BUYING TOR then I am having a negative impact on price by offering bounties here -
in which case I will soon STOP offering bounties here.I want BUYERS for TorCoin, NOT sellers. So I will be re-thinking my strategy on paying any bounties at all in TOR.
I am already paying devs in BTC so that they don't accumulate TOR to dump on the market.I may switch to paying ALL bounties in BTC, so that fewer TOR end up on the open market. Also just FYI, based on traffic analytics and other factors, I do not believe the FUD on the forum here has any effect whatsoever on TOR price, so it is easily ignored.
This should be a good week for TorCoin, especially once we get listed on Cryptopia!