Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BITTUBE | NOW LIVE | NO PREMINE | NO ICO | FIRST MEDIA MINING PLAYER
by
smaram
on 08/07/2018, 16:53:27 UTC
After this last Anti-CPU fork I lost confidence. Now I am not able to open wallet 2.0.0.2 under Win10 64bit. I want to sell all mined coins, since TUBE/BTC price is still falling down for nearly 3 months. It is no sense to HOLD.  IPBC (BitTube) is great idea, but the problem was not on mining site. The CryptoCoins are not created for miners. They are created for people which should pay with these coins.The fact is, that same amount of coins is mined every day (regardless of algo, regardless difficulty), so SELL side is still same, but on the buyers side demand is still falling down. So BitTube needs better media content, better PR. This is the KEY.

Trust me we know all this. We're currently setting up for an exposure/adoption push when airtime goes live (block 140k). We have the plan, we have the tools. It just doesn't happen overnight and the execution needs to be perfect.

As for sell pressure, i think you missed the point of the fork. Sell pressure and price manipulation comes from many coins in a few concentrated hands (including aggressive CPU mining botnets) who dump on the market. The new algo ensures the same amount of coins are shared among many more miners and we can already see this. Sure price jumps up and down but that's because the market is illiquid, it doesn't require any volume to push it up or down.

You can sell the coins you spent a long time mining and burning electricity for and maybe buy back 10% lower but no one knows if that will happen. I think it's silly, you spend all this time mining it and can't stomach some downside, while the risk/reward from this entry is very high. We are in the same boat remember. Be patient. Smiley

Please join discord to get your wallet issue fixed. When we find a solution i'll post it here for others to see.