Quote from: JaFa on November 28, 2017, 06:36:35 PM

Quote from: codemanX on November 28, 2017, 03:29:20 PM

Agreed, honestly it can't go down much more, in my opinion the bottom is (maybe nearly) reached and from now I expect continous slowly growing.

I agree that Kick should be near the bottom soon and I certainly don't think selling right after the bounty hunters got their coins released is a good idea.

Watching the charts over the last few weeks shows increasing volume, which imho is a very good thing. It means that someone is buying. The thing with trends though is they can be hard to shake. Once Kick reverses the downward trend, it should be a slow and steady rise up (faster once it hits the big exchanges). However, until that downward trend is broken it is going to be a very painful time for holders.

I do think Kickico should be doing burns on a weekly basis to try and get some confidence in their coin back. Confidence in their coin directly relates to confidence in their platform. Even if they didn't do a buyback, they should be burning more from what they receive through the platform, at least for the shortterm until the downward trend is reversed.

I hope that that's the bottom, they're hosting many valuable ICOs on their platform but they still in beta, many functions described in the whitepaper are not here right now