Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] savedroid ICO - CRYPTOCURRENCIES FOR EVERYONE | MAIN SALE 9 FEB 2018
by
gee777
on 02/02/2018, 13:12:39 UTC
Almost all Crypto currencies are going down. BARs also now available at very low price. Its good time to buy few good currencies and hold for next big move. BARs is definitely one of them.

Yeah the market is all red and is definitely the best time to buy
But is there a reason why the market suddenly went red after the january bloodbath

It is a little off-topic, but currently there supposedly is doubt as to how reliable/regulated the tether is (USDT, digital dollar, issue: no limit to produce additional USDT which caused concerns)
USDT is the most common currency to sell your cryptocurrency for, bitfinex (US) processes the largest sum.

USD can also be produced additionally and this has been possible for a century or so, but USD is regulated by the IMF (not even US government)

So there is a degree of hypocrisy involved, I see the current dip as people with weak knees who panic sell their crypto assets.

In any case, when you invest in ICOs, the value in USD of your investment is locked.
So if you invest in an ICO with 1 BTC, say 12k USD/BTC, you are invested for 12k USD.
If USD/BTC then proceeds to drop, you still have 12k invested, but this might go the other way around as well

Thanks for enlightening me on this issue and i don't really think it is off-topic as this affects all crypto including savedroid.
Which brings me back to savedroid projects...how do savedroid tend to react to the bearish and bullish run of crypto, since it is trying to implement a spending and saving method using AI.

Will it follow the USDT way or the normal way?