Post
Topic
Board Announcements (Altcoins)
Re: [ANN][EMC2] Einsteinium | FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY
by
heropeter8
on 23/02/2018, 14:54:32 UTC
And the endless dumping continues. one of the worst performing coins of the month so far!
Actually, it isn't. It's about the whole crypto market. A lot of money was sucked out of the circulation during past month. Some of it comes back, but the majority in BTC. Once BTC is self-regulated, money will flow back to alts. The worst thing to do now is to sell. "Lots of newcomers are giving their money to veterans.
This market is so dependent on BTC that it's kinda sad. If Bitcoin is correcting, everything else is too. My opinion, Bitcoin has started a fresh set of 5 waves up and we are currently seeing wave 2 (down) of that 5 waves. It makes people wary that we are still in a correction. Once it starts wave 3 up the market should see some strong moves up. If you look at the crypto market capitalization its the same thing. Wave 2 will probably correct 50ish percent of its last increase.

I'm eager to see that cause emc2 for now is actually does one of the worst performing coins of the month, but at some point emc2 would start turning up, and what makes it so hard is so much bagholders because of that very very bad performance + the non reaction from the team.
Current "bad performance", as you called it, makes future more profitable. Einsteinium is a heavily undervalued coin. If you look at the charts, every possible sign of accumulation is there. Which brings me to "non-reaction". Actually, there were more "reactions" from the team in previous couple weeks, than in the previous couple months. It's just that people are eager for more news, because of price drop lately. They want to know what should they expect in the future.
I am convinced that price will go up (significantly), therefore I am not concerned about the project. The only thing that concerns me is that community doesn't "shoot itself to the leg" again, like they did with sill rumors, back in December. I hope EMC2 team learned their lesson, and they won't provide them ammunition again.  Smiley
Recently, the overall market is very dull, you need a lit lit digital money market, so, be patient is the best thing