Re: ANN: [OPAL] | SuperNET | MARKETPLACE | ANDROID | FILE SHARING

Does anyone know where I can find out all the coins that are on super net?

Didn't all the coins on super net get an insane pump before they got on like vericoin and bitcoindark?

do you guys think this is the next coin to get stupid pumped?

Target exit points anyone? I got in at 900 my target was 5k but I sold only 20% to get the money back I think I should just wait and see instead of selling the rest

BTCD was a special case and the ICO inadvertently created some unsustainable short term demand that spiked the price 50% higher. Like all coins during the bear market, it has dropped, but most of this is attributable to a single larger early investor exiting and a wally bot that is placing a lot of small orders at progressively lower prices. It seems to be doing this to dozens of coins.

Now, when a coin is severely undervalued (OPAL) and the market discovers it for the first time, it is natural for the price to reflect its value better. If anybody really believed OPAL deserved a marketcap of 100 BTC, then you probably werent here in the first place.

I cannot control what the investors that follow me do and some of them do tend to get a bit over eager, but as long as your timeframe is measured in months (and even years), the important thing is to find the good values and buy them at better prices and HODL long term. Few people are making the big money day trading. However, anybody that bought BTC a few years ago and just forgot about them is now having a nice return, regardless of bear market or not.

The altcoin landscape has so many projects, but in reality there are not that many real developers. Sure, you can always hire mercenary coders at crazy high consulting rates, but unless you have VC funding, this is not sustainable. This means the key to a coin's success is their dev team. Good marketing always helps, but if there is no content to market, then it is just harmful. [note: any companies that have VC funding are not selling at nice prices, if at all]

I make no price predictions. SuperNET has already acquired its stake in OPAL, BTCD, VRC, BBR, CHA and NXT. We are in a long term marathon to continue to work hard to keep adding new and valuable features that users actually want to use. By having a single integrated framework, it allows all coin devs to leverage off of other projects.

James

Hello James,

You know I am one of your main follower/fans from the beginning of times, I would like to ask you a question.

First how did you get to know that the Opalcoin dev are not mercenary? as you know as well as I know we cannot check their CV and what have they done in the past as crypto nobody knows who we really are, so for you to understand we know you are a good dev because you have a history in projects like Supernetwork, nxt, btcd , and all kind of assets. How did you manage to get to know if these dev from opal coin were so reliable as they are showing now.

Also but not the least, you know better than me that for a coin to join supernetwork a coin has to have a unique special feature, what is the special feature that opalcoin have that not other coin have?

With all my best respect I sent you my best greetings,

Your always faithfully.

chanc3r does the tech eval and OPAL was very active in accepting feedback, but more specifically I have worked with bassguitarman recently and he delivered actual working code in a short time. identity is far overrated as we have seen time and time again projects with identifiable devs/leaders making a big fail. what good is knowing their identity if they cant code?

so best to evaluate their existing works and better if you can work with them to create something together. i dont want to explain the project we are doing with OPAL yet, as it could get people all crazy and best to allow the price to settle down a bit, so the long term investors can accumulate more at good prices.

Find the good people with dev skills, give them the resources, then most importantly to wait for the time needed. This is how the big money is made. Reasonable sized investments at good prices held for a long term in the good people on good projects. Now, after every doubling or tripling, it is probably a good idea to sell 10% to 20% to extract your capital out. This way if it keeps going you still have a lot of the original investment, but more importantly you are reducing risk and done right you can have a dozen investments all without any net capital in, eg. pure profits.

James