LOL people, what updates you do expect? Like, Dev should write every day "wrote another NNN strings of code" or what? There is a roadmap, which is clear, and all you need to do is to be patient.
Fully agree, the concept is very clear, the roadmap is there and the white paper gets updates since both Dev's are in the process of getting the solution developed which evidently will throw up some challenges that need to be covered in the white paper as well.
Personnel I am into this from the start and followed the development over the months past. Based on what I have seen an other coins Elix is the benchmark in terms of Dev interaction with the community (e.g. discord, medium) and the progress made on the development. Sometimes we forget the this is still the incubation phase with a unique concept, ongoing development and with great potential in terms of purpose and future usage.
We probably all know how the market works and that there are occasional spikes and drops making this risky for day traders looking for a quick buck but when you set your investment horizon a bit longer and don't be bothered that much about those spikes now it could be a very profitable investment.
Be aware that most FUD comes from people that where looking for a get rich quick scheme but I guess when in day trading you win some and you lose some. No reason to start bitching about it too much as it is part of the game.
Just read into the project first, think about the potential that could be unlocked in the future and then decide to buy in low, keep it for a while (8 Months) and be amazed on how it trades then. Elix has been out there for a month and still needs to gain traction and compared to some other low comparable coins the current market cap is extremely low. Who set the the initial market price for it? No being an ICO makes it harder to have a benchmark price for it so the market fully decides on how it evolves. At least the drop off ATM s not that substantial (money wise) as seen in other Alts that where delivered through an ICO.
When Q1 '18 approaches the outlines of the solution becomes much clearer, challenges will get solved and the distribution will increase as more exchanges will get added undoubtedly.
So no mooning, pump, fomo lingo necessary at this stage right! Just be patient and gain some trust in the Dev team that is obviously working very hard to deliver something disruptive to the financial market place.
Totally agree with you in every point! Don't panic because of the price. See it as an opportunity to get even more of this great token. I'm in this project since the beginning but I'm quite sure that the current price is way under the price many people have been willing to pay. So what keeps you guys away from buying even more tokens now, if you already paid at a much higher price? I really don't get that logic^^
I did the mistake that I bought back some coins after the pump at 4.5k-5k because I thought it won't dip further. That was a mistake. But i won't panic sell this coins and I wouldn't suggest anybody to sell his tokens atm. BTC is mooning right now so every altcoin decreases now in value. The only thing I hope is that the btc price isn't at around 6k when ELIX is back on his way up. This would leave us with much less satoshi than we would get if BTC would be at around 4k.