Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [GEO] GeoCoin | GIS & GeoTechnologies
by
Zeatorius
on 05/03/2018, 14:43:37 UTC
I hope the devs have some good news to save an incoming massive selloff.

At least there is option to potentially buy at 5k sat in the coming weeks. I think it will go down more than anyone expects before it goes up again. I don't think it will be above 30k for at least 6 months now.

Talking price wise sub-20k is inevitable, but 5k would be real bargin imo, I don't think we will get to that unless bitcoin goes above 20k$. But I disagree with part about having to wait 6 months for >30k, I think we will see it as soon as CMC updates all information, but likely will fall soon after.

The reason I say this is that soon Bitcoin may explode. This will likely leave all alts that are currently in a slow development stage dumped completely, if BTC goes higher than $20k in next few months we may see GEO at much lower than 5k sat. I think it is probably more likely Bitcoin explodes than GEO have big news currently but this is just my opinion as I do not know what the devs plan for GEO is in the short-term. With current news there is zero buy pressure, only sellers.

A finished GEO and headlines will be in every newspaper about the hype of it but that does not stop it going to 1k sat first in a booming Bitcoin market in a worse case scenario for GEO investors.