Quote from: Snappeer on December 08, 2017, 02:11:22 AM

At this stage, it's safe to say, POWR paired with BTC has died and will not recover, ever. Everyone is cashing out now.
By recover I mean, that if you have traded BTC for POWR like almost everyone and invested at around the peak of 8000 - 11,000 satoshi, you will need to consider that as a permanent loss.

The problem is not just the low media attention and interest that POWR gets, but the fact that POWR was mainly traded for BTC rather than USD, and with BTC now being at $18,000 and expected to go as high as $100,000, the value of POWR paired with BTC will decrease even more.

If BTC will hit $40k by the end of the year, POWR will be as low as 500 satoshi.

I must admit, Im quite unsatisfied with my misguided investment in POWR. With BTC surging to new highs every other day, I kind of feel uncomfortable while holding POWR now. As you said, if Bitcoin continuous its journey this way, than POWR will be valued at way less satoshis and therefore it will result in a permanent loss. I bought the peak and am already at a 50% loss by now, but imagining POWR to go down to 500 Sats would be a catastophe for me. I sense that this would end up like my SIA investment where I also bought at around 400 sats and was just declining more and more eversince (besides of the one spike to 700 sats, where I unfortunately didnt sell). I wont be this dumb this time and might sell at least 3/4 of my POWR now, If Bitcoin goes up more, I can still buy in again with some of that money.