Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
Tomorrow, CME bitcoin future will be listed. a lot of people already have bet on BTC. If this happen, it will be a great chance to load high potential small cap altcoin like SolarCoin. Soon people realize how cool SolarCoin is.
tell it directly to devs on telegram`channel
Bitcoin futures have been out since Dec 10th ...
http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures
That's true. However, However CME future market is 4 times larger than CBOE, so People have been waiting for CME.
Recent BTC bull run is based on this expectation.
Now, CME opens and nothing happens so far.
I don't really understand futures anyway. My understanding is that it is just a bet right? Like betting on who will win in a boxing fight? or horse race? ..and how this might affect SLR is beyond me.
Yes, there is no direct correlation between BTC future and SLR. However, BTC future bull run can cause pump on BTC, then people will liquidate altcoin like SLR against BTC. Anyway, BTC price seems to be stable around 18~19K sat. No massive pump on BTC initiated.
So, I predict that Alt coin season will come. All major alt coin got pumped this year. For example LTC pumped 70x so far, 3x this month.
The smart money might find investment opportunity in high potential small cap altcoin after pump on major coins.
It's traditional cycle. I've seen this couple of times from 2013.
Soon people will know how cool SolarCoin is.