Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)

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.