Re: [ANN] Guncoin(GUN) - New GUN V1.4 Release - Moving Forward Again
First question, how did I hear about guncoin?
I wasn't even involved in cryptos until this past October. I got a bonus from work, so I bought some bitcoin from Coinbase. By the time I received my BTC, it had already gone up by 10%. This made me interested. I watched a few YouTube videos and found that some people were basically 'day trading' on Cryptopia.
So, I opened a Cryptopia account. I started watching all the alt coins looking for patterns, checking the action against known investment math, and watching to see which ones followed BTC, and which ones do not. During this research period, GunCoin peaked at 3+ cents. That sudden rise placed GunCoin in the top spot in Cryptopia's list of high gains for the day. That is how I became aware of GunCoin.
After researching GunCoin though, I realized that it is actually useful. This makes a long term hold a viable option. Most alt coins scare the crap out of me. 90% of the alt coins look like a get rich quick, pump and dump scam. I will day trade with those, but never keep or use them.
Second question, what do I plan to do with my GUN ?
I am an avid collector of firearms, and I love to shoot. For now, I am also collecting GunCoin, but when it finally reaches a good percentage of market saturation, I am going to use it to fill in some gaps in my collection and buy a few NFA toys that are currently out of my price range
I have a question for the forum. What caused the price to spike a couple months ago?
I wasn't even involved in cryptos until this past October. I got a bonus from work, so I bought some bitcoin from Coinbase. By the time I received my BTC, it had already gone up by 10%. This made me interested. I watched a few YouTube videos and found that some people were basically 'day trading' on Cryptopia.
So, I opened a Cryptopia account. I started watching all the alt coins looking for patterns, checking the action against known investment math, and watching to see which ones followed BTC, and which ones do not. During this research period, GunCoin peaked at 3+ cents. That sudden rise placed GunCoin in the top spot in Cryptopia's list of high gains for the day. That is how I became aware of GunCoin.
After researching GunCoin though, I realized that it is actually useful. This makes a long term hold a viable option. Most alt coins scare the crap out of me. 90% of the alt coins look like a get rich quick, pump and dump scam. I will day trade with those, but never keep or use them.
Second question, what do I plan to do with my GUN ?
I am an avid collector of firearms, and I love to shoot. For now, I am also collecting GunCoin, but when it finally reaches a good percentage of market saturation, I am going to use it to fill in some gaps in my collection and buy a few NFA toys that are currently out of my price range
I have a question for the forum. What caused the price to spike a couple months ago?
Wonderful story and thanks for sharing. In regards to our price runup, it was primarily due to a few very sizeable external groups becoming aware of Guncoin literally within hours of each other. Since Guncoin is only available in one place, they could not buy it fast enough. While yes, it was an artificial runup, the expanded community pushed the new price plateau from the 20s to the 60s.
With each new release, the quality and reliability of the coin improves. With each new rev we get a few more users who recognize this and are happy to jump on board. We are not looking for short term profits. Our goal has always been to provide a viable payment option to firearms merchants - Gunbroker transactions are a perfect example. Again, thanks for your story and keep the great work - something that most on this board can do.