Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] [CHC] ChainCoin - Cryptopia & Novaexchange
by
andylittleton
on 23/07/2017, 16:50:51 UTC
Quote from: cryptoninjapanda on July 23, 2017, 04:36:21 PM
Quote from: andylittleton on July 23, 2017, 04:02:09 PM
Quote from: cryptoninjapanda on July 23, 2017, 02:09:08 PM
Quote from: phuckit17 on July 23, 2017, 10:44:38 AM
I think it's going to be very interesting to see how Crypto shakes out in the years ahead. To really grow the market to it's maximum potential it needs to go mainstream. But to go mainstream there will have to be oversight like the FTC, and this entire movement is Illegal as hell(Market manipulation/ insider trading) in the Stock Market for good reason( the guy that lost 1.2 BTC). But if it's ever regulated then the potential for quick crazy gains will be suppressed and Interest in investing in it would decline. Sort of a "Catch 22" scenario. The US Congress said last week that Crypto's are not in Compliance, but at the same time Amazon is about to start taking BTC as a payment and we know that Gov's around the globe are looking to go Cashless.... should be very interesting the next few years.
 

Biggest money is always in the unregulated market. Until regulation happens groups like HODL crew are going to make millions and millions of dollars off of investing in digital currencies like this one. You can whine about it or join the fun, your call. And as far as I know Crypropia is in New Zaeland so US Congress doesn't even count. If regulation does become too limiting we will see the markets migrate to tax havens etc...

As for Chaincoin I tend to look at it as if a large investment fund invested in the coin and that can only be a good thing.

  

No one from the hodl crew made millions it simply is not possible.  They Lost A LOT Of Money now that it is $0.50 cents. They were instructed to always hodl their bags and not sell and go long term 5 years+.  It is not possible to make anything if you are instructed to never dump your bags to be apart of the hodl crew. The short term trader whales took advantage of the hodl crew good will intentions and made millions.  They are the ones that pumped it from $2-$7 and dumped. They are not apart of the hodl crew and they were also spying on the hodl crew slack channel to take advantage of the hyped up members willing to put a lot of their hard earned money into this movement.

It depends on how you look at it. Currently the price has dropped but it will not stay this low forever and if they are in it for the long term they will make money and as a group they will make millions. Only guys who will lose their money are those who have sold at lower price then they have entered. Hodlers movement is a longterm investment group and when the coin reaches $10+ they will all make good money. Many of them will make millions. And this will surely happen as the coin has huge potential and with HODL crew investment devs now have the money to finance the development. This coin can easily become a huge sucess. Just imagine where that 7$ price maximum would go if the coin was traded on bittrex. So I think that the HODL guys will be very happy that they have invested in CHC.


I actually agree with you. Chaincoin community is similar to Sib coin.  All they do is hodl.  They have low trading volume so it takes a long time for the price to go up but it's slow and steady.  When it does come time to sell some for profit not many people are buying the coins so it's hard to cash out and be a millionaire when there is very little buyers.  Strong development can stimulate coin demand and provide the liquidity in the long run. I hope chain coin dev ramps up big and hire more programmers.