Quote from: DashNLG on January 31, 2018, 09:20:05 AM

Quote from: BioMike on January 31, 2018, 09:14:03 AM

Quote from: DashNLG on January 31, 2018, 08:40:01 AM

Quote from: BioMike on January 31, 2018, 08:29:03 AM

Quote from: BigDikBTC on January 31, 2018, 06:57:57 AM

Quote from: arthotdog on January 31, 2018, 05:28:09 AM

Quote from: TwoRightsMakeARight on June 02, 2016, 11:02:27 AM

I didn't want to post this in the Gulden Announcement page to avoid bias opinions but wanted to know if Gulden is a safe bet compared to other alt coins. The reason I am asking is I noticed there ranking on coinmarketcap is way below other coins that have nothing going for them or is it that the other alt coins are way over priced?

i think today as all the coins are in red color,same as bitcoin and more altcoins but gulden stands still d having a green flag..so i guess its a good investment for now.but i dont know in long term.better watch out what will happen in the next few months

Next few months btc will be < $8000, Gulden will be < 1500 sat. Sitting in $$ is the best thing to do and buy up fast when the developers make the announcement for only PoW2 in June or July.
SegSig failure will be a hard lesson for the team but they must learn from their mistakes. All big companies today made mistakes while growing.

I think $8k for BTC is way too conservative... last time it "corrected" it went from ~1200 USD to ~230 USD, which took over a year (yes, Cryptos react THAT slow). Consolidation phase took another few months before it found its way back up. Based on the previous corrections I would not be surprised if BTC would go down to $2k, but the thing with these long corrections is that a lot of things could happen in that time. Sitting in cash is indeed a good position for this moment, just wait for the bottom.

As for NLG, My guess is that the drop will stop around USD 0.07-0.09, where the previous support is.

Disclaimer: this is not financial advice, just my view on things.

That drop from 1200 USD to 230 USD was also impacted by MT GOX in more ways then one. MT GOX was behind the surge and it's downfall was the reason for the drop. At that time a lot of people thought bitcoin was MT GOX as they weren't educated about the decentralized nature of bitcoin.
The normal rule of thumb is 40-60% drop is a good price to re enter the market after a correction.

The above is also my opinion and not to be taken as 100% fact.

Sure, MtGox played a role... but IMHO more as reason for it to go down in the first place... the long time for correction can't be attributed to that alone. At the time we also had China government officials FUDing about making bitcoin illegal. That had more of an impact than MtGox.

Best advice I can give during this time is use 20% of your funds to buy the dips in the event it does drop another 50% but if does not you are still making profit on that initial investment.

If you're in it for short term profits, I agree that's a good strategy. I'll be waiting until the consolidation phase has been reached (wherever that is).

Just checked the #Gulden twitter... panic is starting to surface there... more than the "Hallelujah... moon!!!"-posts. Looks like uninformed people are starting to loose money... again. That dip we're seeing could very well be loose hands that were buying massively >0.20EUR.