Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SilkCoin | New Wallet | NOW on MintPal / Cryptsy | FULL POS
by
a3tje
on 17/06/2014, 13:07:57 UTC
there are no orders to buy - all just buying with a glass of sales
this is a great sign - back to 8000 Satoshi!

Predicted this will go up to 6k satoshis today just due to wallet update. Will smash 10k satoshis by Friday with whitepaper.

Seeing fluctuation of the last 2 days i bought a bunch of SC to daily trade, but im to affraid of a rise to sell right now...
Think a big rise will not come before whitepaper, in my opinion the updated wallet will not give a large boost as it's already really good as it is right now. Unless some special feature will be released that is really unique, however what could that be...

Price is still undervaluated IMO.

Can you be more specific, why it's undervaluated right now? The "only" unique thing this coins currently delivers is a wallet with close to perfect GUI and a really slick (read silk  Tongue) website. Why would that give this coin so much value to even have more than $ 1,231,281 marketcap?

Don't see me as a FUD or hater, I did invested in Silk in the "beginning" so I see it's potential. However I don't want to pump a coin for daytrading, that only scares people off on the longrun.

So yes when the new release of the wallet rocks, it should climb up and when the Whitepaper is released and shows the vision of the dev's are realistic and good it should shoot up.

However currently we are waiting on both to be released....

Well, here is a coin which as you said as a perfect GUI. As well as a dedicated team of developpers, a strong community, several plans for the future (aka white paper, we should get some nice surprise IMO), several signs that shows how SIlkcoin is percepted (Mintpal ninja add for exemple).

Everyone know the huge potential of SIlkcoin, and everybody is scared that not everyone is aware of this. With a little boost of trust in trading, this coin could easely be steady at 8k sat.
Yes that's what I call value based upon potential and promise not based upon delivered / real things. My main concern is that this will attract a lot of pump and dumpers, see what brought that to Darkcoin, Blackcoin, Vericoin...?

People who are in this for the longrun will find it "difficult" to hold their hand, when you have 500% profit in 1 week. Meaning to say, the potential of this coin should not be wasted for making quick bucks. People who buy in now, should try to not sell before the Eco-system is in test fase. However how are you able to decide (with this price) if you should invest longterm when the whitepaper will be released this Friday?