Post
Topic
Board Announcements (Altcoins)
Re: [ANN] <808% apr> Drop the Bass!! 17%+ eligible after 8.08+ days
by
vella85
on 03/11/2017, 23:16:34 UTC
Everyone needs to relax, the real reason this coin dropped in price is because of Novaexchange closing. There were a lot of traders there who dont stake the coin and instead of moving them to Cryptopia or Yobit, they decided to sell them. So, with everyone wanting to be sitting on btc before the next fork, there are few buyers for all the sell orders. This will pass, just dont panic.

I just picked up more 808 @ 4sat to move to my staking wallet.
you do not think that you say that coins are dropped by large holders from purses and the stock exchange does not have it - those who kept coins on the exchange can still trade for a month or transfer coins or you think that they are so stupid that they would sell instead of making a profit and The fall of the coin began before the news of the close of the exchange! as it is not unfortunate, but the coin is dead more - than alive!

agree the number of 808 in 1 to 4 years are so huge. 6 billion in 1 year .... and you can do nothing with 808 beside get more worthless coins. So what the point here Huh? I have some of them but when i think about it ....... dead for sure

The same could be said about Doge, the problem 808coin has is that no one accepts them as payment for anything. Doge is used on many sites and even gambling sites so if 808 coin can get accepted on some sites for payments then it is worth holding and staking. Along with more marketing and we will see 808 coin start to rise again. Its a bad time for almost all Alts right now even some of the top Alts are taking a hit.