Post
Topic
Board Announcements (Altcoins)
Re: [ANN] KICKICO - PLATFORM FOR FUNDRAISING ON CRYPTOCURRENCY
by
JaFa
on 28/11/2017, 18:36:35 UTC
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.