right before the last airdrop there was this (FUDing) guy who predicted the price of btx to crash down to $3 right after the last airdrop.
i laughed about what he predicted and thought what a dumb assumption that was.
but meanwhile i'm afraid that he could be right if i look at the charts the last days and weeks.
the only difference is that it wasn't just right after the last airdrop (whatever time span he meant by "right after").
Well at first I predicted 5 dollars and then said intrinsic value was 3.60 or so... I think I made that call in early March but I assumed that the intrinsic value would be the absolute bottom. That being said, It wasn't really FUD. I used math and some assumptions about how bad the market will be this year. I think this year is definitely similar to 2014 but only time will tell if that remains to be the case. Some of the issues are internal and some are completely out of the team's control and thus external. BTX team can't really do anything about the price of BTC in which BTX is tethered too. The best thing for fixing this will be the BTXM's when they are operational and spreading.
no, i wasn't actually talking about you.
i was referring to this guy:
as soon as last airdrop is over, most owners will sell it next day and price will drop to 3 usd. Remember my words
i hate it if guys like that who i wouldn't take serious end up being right with their originally absurd looking prediction out of any knowledge.
(i'm not talking about "gwestcot" but the other guy who i quoted.)
and no, i don't think this price crash has anything to do with the end of the airdrop.
the days right after the airdrop the price dropped just a little and stayed quite stable.
it even grew a little bit.
the price crash is now several weeks after the end of the airdrop.
so there must be something else...
but as i'm still hodling i hope that all the "strong hands" don't become "weak hands" and panic sell because of this devastating crash.
hodl on people it will be all good some day!