Post
Topic
Board Tokens (Altcoins)
Re: 🌟🌟🚀📈[ANN-ICO]ATLANT Real Estate Platform| 📈🚀🌟🌟
by
scambust
on 26/06/2018, 09:42:20 UTC


You must be crazy to think ANY ERC-20 token will be able to rally in this current bear market. Conditions must be met first: 1. Bitcoin stops falling, must go into rangebound price action 2. Ethereum must recover, rally or go range-bound. And only then you will see ATL go wild. Traders and investors don't like uncertainty in the whole crypto markets.
I hope that soon the bear market will end, since I heard that the Bitcoins of the Mt. Gox. Sold, or almost sold out, it seems to me in such a market it's better to keep bitcoin or Etherium, and when rally starts it's best to be in some currencies with low capitalization, Atlant's tokens will just fit, in the bull market they may have a much better chance to rise multiple times in price than Etherium for example.

I thought so too but yesterday Bitcoin price tanked again to 6000$ and I hear in media that this is not the end. There are predictions that will be 5000$ soon and the bear market will last for another 6 months. Not a prediction I wanted to hear, for sure.

Anyway, I like the fact that the ATL tokens are not dumping below 1,000 satoshis, in spite of the carnage recently with BTC dumping to $5700. Maybe the dumpers are saying this is too cheap to sell at. Imagine Atlant back at 3 million marketcap? That's a marketcap of a "Until now just a whitepaper" project.
There is a big possibility that it will dump below if bitcoin will continue to dump.
We know that the market is followed by the movement of bitcoin, even a good project is not exempted for this price dump as it's the trend
even in the past.

Maybe so. But what I see is only when Bitcoin dumps to below $4,000, only then we might see Atlant dumping to sub 1,000 satoshis because the ATL token was already trading around 1,200 sats when Bitcoin was in the $7,500 area.