Post
Topic
Board Announcements (Altcoins)
Re: [ANN] PinkCoin (PINK) 2017 | PoS/PoW | New algorithm! | Autoview | #Flashstaking
by
BitPotus
on 31/07/2018, 03:20:50 UTC
looks like PINK is a very good staking coin actually.

 Grin
oh yeah, it's made me a pretty penny throughout these years.

Been eyeing this project for a while. Seems like now is the time to snap up a bargain.
yea, but i'd watch out for August 2 when it will be removed from polo trading. judging by historical price data of delisted coins, a slight dead cat bounce is to be expected after the shock of the initial announcement subsides (we may be at this stage already), followed by some further downward price movement at the delisting date. but since polo has fallen from grace, their influence on price shouldn't be so drastic anymore, and also most of PINK volume has already moved to bittrex, so it's hard to say exactly what would be an optimal entry point. i'd say 60-70 sat. would be a great buying opportunity, maybe even a bit lower. but anything below 100 sat. should be quite fine in the long run, especially if you're staking to offset the possible longish-term bear market.

trolloniex died the day they got rid of the trollbox to be fair.

It was the soul of the exchange and now they sold it to Goldman....

There are several old timers and whales in Pink actually.

so when the time comes, Pink will be melting faces off.

In the meantime, one just needs to be patient and stake as you rightly said so...."newbie".... Wink