Post
Topic
Board Announcements (Altcoins)
Re: Not dead but bad investment
by
JoeyDaMan7
on 07/10/2017, 16:44:56 UTC
The project is still being developed because they are releasing software updates every few weeks.

However , the supply vs. demand for the coin is totally screwed so its not a good investment right now.

Rchain still holds millions of AMP which they are unable to sell , there is not enough demand.
The size of the markets and trading volume have been dropping for months.
You can tell by the weekly WildSpark leader board that there are about 10 active repeat users of the platform and the winners are the same people every week.

I would recommend to sign up for WildSpark and use it and try to win rewards but do not put a bunch of money in this.

It's true, right now there are 7 million AMPs sitting in the Bittrex orderbook alone. Synereo is an amazing project but you have to be careful when trading AMP. AMP is a long-term hold and in the end I think it will be worth way more than it is now. It could take weeks, months, or even years, but it will come eventually. All the team can do is keep moving forward and working hard and they have been.