Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [HVC] Heavycoin - Ultra-secure, Decentralized Block Reward Voting, Fast
by
Vlad2Vlad
on 05/09/2014, 05:26:29 UTC
Given I'm new here and I bought 1.2% of all the HEAVY coin and I did it for a fraction of 1 BTC
This already contradicts your whole statement about HVC being consolidated.
I, at first, also believed in Heavycoin. But at some point I just noticed that pretty much every altcoin is superfluous. Since my Heavycoins are now worth approx. 2% of what it was when I got them, there is no point in selling them either. So I hope that you are right that it will "start moving up", but on a more serious note I doubt that it will ever happen, after all why should a
Quote
huge run when the next demand influx
ever come. You can't do shit with pretty much all altcoins.

What I said wasn't a contradiction.  Try buying 1 million HEAVY right now for .25 BTC.  It's impossible.  Even for 1 BTC.

I simply caught a lucky break which only lasted a few days when people were dumping their coins from Mintpal. That's a fluke.

And also, consider that there are many people like you who bought way higher - this creates a much higher floor for HEAVY once it starts moving, so the next rally won't be killed since only a few buyers bought at an ultra low price.

As for the overall market - don't worry, when BTC hits $10,000 in the next ~6 months, alts will explode like you've never seen.  I think Hedge funds are already buying alts so this next rally will have legs.

Just diversify and don't sell too quickly - that's the mistake most people made last November.

Cheers!