Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] GOBYTE [GBX] - Masternodes, PoW, Secure, ASIC Resistance, & Decentralized
by
bitChipper
on 06/03/2018, 17:52:03 UTC
Quote from: Nebell on March 06, 2018, 05:27:31 PM
Quote from: bitChipper on March 06, 2018, 04:59:31 PM
Quote from: Nebell on March 06, 2018, 10:13:17 AM
I dumped my GoByte, congrats on whoever got my coins for $9.8. I mined them anyway Grin
I feel sorry for those who invested their money at $80/GoByte.
Just like Innova and Vivo, GoByte is made to make money, nothing else. Now it's slowly going to die along with Innova and Vivo since they are not making as much money.

Sigh... Roll Eyes

Not everyone is in this just for the money dude...behind every coin there are people with visions and real interest in blockchain tech. I've been in this game for 4+ years and I can't tell you how many times I have seen post like yours saying "oh this coin is dead"...only to come back months later and the coin is still doing fine.

Do you think that the core team is just going to be like "oh ok we give up the price went down"...?

blockchains dont just stop because the price of the coin went down...theres a huge reason why bitcoin has the name the honey badger of money. the same name can be applied to any coin as long as it has support

I don't think you understand the crypto craze. Now it is a cash cow in everyone's eyes. Blockchain technology is secondary. Easy, quick money.
It will take a year or two to calm down. Everyone hoping for another bull run in early 2018 just like 2017. It ain't gonna happen.
Those who were in the game and hoarded coins in 2016 and early 2017 won, everyone else lost.

My point was that the developers are in it to develop and experiment with blockchain hints as to why gobyte will live on and be fine. A cash cow is a marketing/business term used to define a product that has zero competition and will yield revenue for years....i don't think that is a good analogy for crypto-currency investing  Cheesy

Also how can you be so sure that there will not be another bull run this year? How can you compare the market in 2016 to the market now? They are completely different...