Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CHA] Chancecoin, a coin for betting in a decentralized casino
by
gerrymander
on 24/05/2014, 23:33:53 UTC
I just saw the post on the Hacker News. Chancecoin looks like a very promising coin. I just bought a few hundred CHA on the Poloniex. This coin should really be trading at a higher price. Why are there so many big offers posted at low valuations? This creates a downward pressure on the price and makes it harder to get your order filled. If you want to sell, don't show your hand. Either pull your offer or put it at a way higher price. Be patient. We need to get the valuation higher so we can get higher on coinmarketcap, etc. so people take the coin seriously. Worry about capitalizing on your investment later, when you can do it at a better price. It's going to be pretty stupid if all of the initial investors fall over themselves to try to sell for like a 20% gain when we can work together to gain 2000%.

TLDR: Initial investors: please be more patient and don't show your hand on the sell side of the order book. Let's shoot for the sky high valuation this coin deserves. Who's with me?