Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SILKCOIN][FULLPOS][GLOBALDEVELOPMENT][NEWCLIENT]
by
Crypt0Keeper
on 05/08/2014, 17:29:39 UTC
why o why does silk keep dropping?

There is not enough volume on exchanges, so price can be easily manipulated.
We're preparing a promotional campaign with an exchange, stay tuned.
we need that quick

A lite campaign is OK and good to get the word out that SILK is back and better than ever but I don't think we should stress too much about the prices.  The shakeouts are happening to all the remaining weak hands which we don't need or want anyway.  We want a nice distribution to people willing to stake their SILK.

I'm buying right now because I see the bright future SILK has but in order for the prices to really climb, we need to bring something new and innovative to crypto.  We're off to a good start with a cleaned up wallet and a transparent community effort but that won't be enough.  Buying SILK is an investment, it's not a pump and dump and it's not a get rich quick.