Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
by
corather
on 26/07/2017, 23:40:12 UTC
Looks like the majority of the altcoin prices are all down now as people are trading their altcoins for more bitcoin in preparation for the upcoming fork so they can maximize the amount of bitcoincash they can get on Aug 1st.

I think recent price drop is due to lack of development.
Look Solarcoin github. There is no activity within last 6 month.

There hasn't been a wallet update in a bit, but that's getting attention. There are plenty of developments for Solarcoin, they just aren't focused on the wallet software, however there was a bounty for updating the wallet.

https://streams.lykke.com/Project/ProjectDetails/upgrade-the-solarcoin-from-bitcoin?utm_content=buffercfac7&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer#tab_Comments

I know that, the cash equivalent value of bounties are declined due to price slide.
If the winners sell their SLR, the price will drop once again.

I'm long holder and supporter of Solarcoin. But I'm losing faith.


That's the bear market. I can't tell you what the future holds, but I can say I've seen this before. There are always periods of drought.

Problem is that the Drought is caused by the Sun and even when it Rains SLR through the Leaky ceiling, the ground just dries up too fast. Need to make a buy climate instead of a dry climate. No reason to buy SLR right now.

It's a good time to buy SLR.