Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [GEO] GeoCoin | GIS & GeoTechnologies
by
NutMasterTardd
on 22/02/2018, 17:26:50 UTC

I know 150k sat is matter of time, even cryptopia's levels of 260k (litecoin/dogecoin markets went upwards [in equivalence] of 500k satoshi) are achievable within some time. Just expressed personal opinion on possible time frames of the project and market action which makes it look like a classic p&d scheme.

Imo project needs more clarify for people already invested in it to understand what is the purpose of Geo coin in the long run - many questions arise in forms of "when will I get my Ubiq coins?" or not aware what are the next development stages for Geo. Most of crypto projects will not deliver their "product" releases in 2018 or 2019, yet they openly talk about what is meant to be delivered, no marketing (ex. paid ads, articles in main websites), just clear vision with steps that need to be taken.

Yes that's fair, I think it does look like GEO has been pumped and dump 3 or 4 times in the last 6 months I guess it is an easy target for whales as there is a very low circulating supply. I think it would be a good idea for a rough roadmap for what will come next for GEO if it is not being marketed anyway just to prevent an unnecessary downtrend and leave a bitter taste in the mouths of those that bought at a much higher value than 23k sat.

At the same time I have a lot of faith as the devs have been here so long already, but for an investment point of view I'm not sure if nothing much will happen in the short term now. The last pump and dump seemed to be manipulation on news of the swap, now as there is not much news for GEO it is uncertain where the value will head. I'm happy to hold for a couple of years though, dedicated devs are rare and one of the main pros I look for in any crypto project. That's also the reason why I'm not worried by these price swings much at all I guess. In the short term I think we could see 10k, maybe even a bit lower and that will be the bottom (I hope).