Quote from: bitstreetbankster on October 13, 2017, 09:26:06 AM

Quote from: bozzler94k on October 13, 2017, 09:05:21 AM

Quote from: bitstreetbankster on October 13, 2017, 09:00:26 AM

Can someone please explain why price is declining so hard? I understand BTC and stuff, but is there something fundamentally wrong with this coin?
Looks like extremely good investment at this point, just I'm not sure whats really happening here.
Thanks

a lot of alts are dumping hard right now cuz of the btc bullrun.

But im legit curious why you think this "looks like extremely good investment at this point". Do tell? As far as I can tell it looks like fucken garbage and lies from Jack

I'm not aware about those "lies" because I'm not actively tracking posts in this thread. But, in terms of previous price, this looks like a good investment, in fact very good. ICO price was around 30k sats, then it rose to 100k and now it's touching the very bottom, close to 6k sats. Thats almost 5 times lower than ICO price and 16 times lower than ATH. So, if there is not any fundamental flaw, investment in current market situation might bring at least 10x multiplication of initial investment.
Thats not extremely good?

the current "bottom" is a brand new level of support at best and theres no reason to believe that this is "the very bottom". The previous support was $0.50 which held for a reasonably long time (all of the failures of this dev team considered). Just because it peaked at around $2.60 does not mean that by buying in now you are entitled to: A.) the bottom at the very least, and B.) a minimum ceiling of $2.60 and beyond.

There is a very real possibility this coin will go to $0.01 based on everything ive seen from this idiotic community manager Jack