Quote from: passionsurf on July 27, 2017, 02:25:54 AM

Quote from: CryptoNick on July 27, 2017, 12:41:37 AM

Quote from: corather on July 26, 2017, 11:40:12 PM

Quote from: CryptoNick on July 26, 2017, 11:09:46 PM

Quote from: corather on July 26, 2017, 10:23:20 AM

Quote from: sylph93 on July 26, 2017, 10:16:42 AM

Quote from: corather on July 26, 2017, 09:16:46 AM

Quote from: sylph93 on July 26, 2017, 07:19:47 AM

Quote from: bgmc on July 25, 2017, 11:06:45 PM

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.

Sure definitely a good time to buy. But, the only "reason" to buy right now is if you bought higher and needed to hedge your position.

Just be glad SLR never did an ICO. It is still way better off than any type of ICO ever.

I can think of more "reasons" to buy, for example, if you have more money lying around that you want to invest in the current market regardless of your previously held positions.

I guess if that is a good enough reason then SLR should have made it's motto; the sitting around money coin, and rely on those type of people who would rather spend the money that they have lying around on SLR rather than buy Solar with it. See the disparity now? But way better than corporate ICO of a solar farm.

In an ideal world most of Bitcoin would have already transferred over to SLR and we would just use SLR instead of Bitcoin. But we could still use SLR in a better way. Making the Claim an internal PEG and using it as trade gets the coin out there. Like minded people can trade it at the PEG and gain value. Then instead of taking a loss on something you bought you can PEG it at what you paid retail at the SLR PEG. Example: Old item in your closet (Just money laying around) Retailed for $300 and you could sell it on ebay for $30. 1MWh Retail average PEG of SLR may be $150 per coin so you can take 2 SLR for the $300 item. You now can claim a loss on the item of $29.72 as you are giving to a non profit organization called Solarcoin. Yet you now can use that 2 SLR at $150. You can never get more than $150 for it since it is Pegged to the price of 1MWh.

Never mind that the person who generated the 2 SLR used the Power and saved money. They got a $30 something from your closet now too and it is like you are making the world a better place by giving incentive to buy solar. But the seller holds $300 worth of SLR now to go buy something that they want from someone else at the Pegged price.

Now the more people SLR can get doing this, the people will suddenly realize... Oh I can go BUY some SLR and trade at the PEG for products that people are willing to use to back solar with. Even if some of the people want to place a depreciated value at the PEG for $30 of the $300 retail and only pay .2 SLR for the product you get the economy rolling! The seller will hold that .2 SLR now and hope that SLR reaches $150 on the exchange. They can then cash out or just use it at the internal PEG for something they want etc.

So now what happens to the price of Solarcoin when you have products that are willing to be sold at the PEG? The price goes up, especially when someone can just come in from Bitcoin and have a shopping spree and become a part of SLR and they hold the coin as the price goes up and make money for shopping.

Now the person selling the product can take a write off and we could also write that transaction publicly to the blockchain.

Maybe the devs will take this to heart but I doubt it. It really is backwards since someone has to take a product that they have value in and put that value into Solarcoin. It is a huge leap of faith and most of the products would probably be junk. lol

But making a BUY is what needs to happen. So if you can come up with a better way other than just having money laying around as a reason to buy SLR, lets hear it...

EDIT***
Also realize that the more people you get to BUY from the exchange... You now have distributed the POW coin and those POW coin holders will back the economy at lower prices granted but that Bitcoin will most likely stay in the market! I am pretty sure the majority would buy and sell along with all the other people who came to buy coin to trade at the PEG for shopping. It would be a massive boost at the least.