Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BITS][Bitstar] Now on Cryptopia, Nova and Yobit new wallet fork in testing
by
Mark81
on 27/12/2017, 14:04:00 UTC
Hi everyone!

current year has been rough for Bitstar coin. Both Bittrex and Poloniex delisted us on spring from their exchanges after hitting record price on poloniex of 0.040603usd.  

https://imgur.com/a/Eq47m

After hitting record prices at poloniex they decided to delist us and many other coins which caused many traders to go suspicious for poloniex as realiable partner. They started to loose ground as number one exchange and lot of that trading volume went into bittrex making it as number one in volume. Currently i believe binance has become number one in trading volume.

After that delisting we saw lowest price in of 0.00468usd and price started to recover thanks to bitcoins huge bull run. But through this year price has been going lower in Bits/BTC pair. We came down from delisting price of 3000satoshis to 96 satoshis which is compareable to multi year lows at 2014 around 75satoshis (there were dip of 17 satoshis which i dont count in).  

With now beeing on brink of releasing new wallet we can see some interesting price action.  

https://imgur.com/a/0fpk5

Price has bottomed out from multiyear lows!

So price in btc terms has started to recover and is sitting on 180-220 sats and we are also currently well above lows in usd terms of 0.03484usd per coin. Not bad at all!

Now on my opinion i believe we wil see new highs of bitstar in few weeks and maybe even very huge bull run. If we get to btc pair highs of 3000sat that would make bits price to be as high of 0,47usd with current bitcoin price of 15800usd per coin.

For all of you i wish happy new year and lets hope we see magnicificant rise of bitstar in coming months!

Mark81