The low volumes and low price says it all.
Best reply. Market says a lot about the health of a coin. No one believes the update is coming soon.
Stupid reply. The price and volume are higher as a few months ago.
For example :
Date Price in $ Volume
Aug 01, 2017 0.078662 72,269
Sep 01, 2017 0.151822 657,400
Oct 01, 2017 0.124093 93,170
Nov 01, 2017 0.092434 101,600
Dec 01, 2017 0.090212 225,334
Jan 01, 2018 0.241945 841,308
Feb 01, 2018 0.177990 706,527
Today 0.168044 235,795 (allrdy)
So we see the price is much higher as Dec 01 and also the volumes are a lot of times higher then in the past. But what do volumes say. As a lot of ppl do not want to sell their Gulden or for a high price there is not a high volume but does that make a coin worse?
A lot of scam coins have a high volume but does that make them good coins?
Veritaseum nr. 43 on CMC has a low volume and also Blocknet nr. 103 on CMC has a lower volume so both bad coins?
If i want i can trade whole day long with very small profits just to get the volumes up. Then do buyers / investors trust the coin more?
I think Gulden shows a good upward trend and think 0.50 is easily possible this year.
100.000+ and HODL
The entire crypto market volumes and price is up a lot more then Gulden's and this is evident in the rank falling from top 20 rank at peak to barely surviving top 200. This would not be the case if the development was completed.
Gulden rank is 190. People don't trust the development is working. Why don't one of the testers come say we must not be concerned, because the testing is a failure!
I would agree with you if this was a normal market or the stock market but unfortunately or luckily this is the cryptomarket and there are no rules yet. People like a coin with big marketing budgets better then a coin with a good development. I sometimes look at websites of other coins and read there roadmap and they does not even have a wallet. These coins are sometimes more worth then Gulden. Is this logic? No this is crypto
On that market Gulden is also a strange coin with a strange founder. They do not give a lot of information and they do not send testers over here to say it is al working good because they are not in it to make investors rich, as Rijk told me on slack before i got banned, but to make the best coin possible. They release it when they think it is good enough and not earlier.
The only question someone has to ask himself is : Do you think they can pull it off and then jackpot (buy more Gulden now at cheap prices) or do you not think they are going to make it soon and then you pull out your money?
I think they can pull it off so i bought a lot of extra Gulden on Nocks and Bittrex and everything i make with trading other coins i invest in Gulden. Before Christmas we will know if it was a good investment and then i can a buy a new car or if they failed and then i keep on driving my old one