What already existing Russian user base on Steem?

Thats one reason why Golos was launched - there was none.

Plus by being Russian focused they appeal to a specific market

my thoughts exactly 

Golos pumping again in volume and price when BTC and most alts are falling



this happened last week to.

It Bittrex there is currently 36 BTC of buy orders, way higher than normal

Shows there is more confidence in the market than most think

I don't know who's buying, I assume some big Russian investors.

I think Golos might do Russia what Monacoin did last week in Japan.

Make that 40% 

I'm more interested in the spike in volume though. Its a great sign for Golos, especially as other alt coins are falling and BTC is rising

Today Golos is having one of its highest volume days in history at $141,000 odd http://prntscr.com/gwkeze

There were some days of $130,000-$170,000 a few months ago, but no volume anywhere near this since then.

With the recent Bitcoin bull and ALT today, history shows that an alt coin bull run will follow. And which alt coins?

Is the market starting to realize how cheap Golos is?

Whats your point? Its not hard to tell people what was a PREVIOUS good investment. Most alts have lost substantially vs BTC in the past few months

Golos will outperform the vast majority of alt coins in the coming bull market. Watch

How was he lucky? He wrote compelling reasons why BTC was a good investment years ago. Thats insight, not luck

Sure, like this ''idiot'' that put his live savings into Bitcoin when it was $9 http://falkvinge.net/2011/05/29/why-im-putting-all-my-savings-into-bitcoin/

Yes thats a fair point about me making the hypothesis that all of them will be investing in the respective coins at one point.

That is what I believe. Not ''all of them'' exactly, but I believe some language/geo/niche specific coins will be more appealing than lots of other cryptos that are trying to go for a broader market. Which is also why I'm confident in my Golos play. Like all cryptos it has significant downside risk, but I believe the ROI for it is much better than all other cryptos out there. And Golos is basically at the same price today it was in January 2017 - it hasn't been overbought like nearly all other alt coins.  Thats why I went all in on it

Why do so many people who comment on this thread only talking about ''eggs and baskets''?

Look you're not adding anything to the thread, your just repeating what others have said before.

I'm still very much watching this thread! Do I regret my decision? Golos has grown 200% since I invested. Its been as high as 425% but its dropped like most alt coins. I don't regret my decision, its been a profitable one.

That said I'm still 100% invested in Golos, I have sold anything. Fundamentally its still underpriced, and I believe the market will realize this soon enough.

I'm more concerned about a bitcoin/ethereum bear market than Golos. If bitcoin/ethereum enter a bear market I think most alt coins will be dragged down, Golos included. However I'm still pretty bullish on the crypto market has a whole.

I still think we could hit 400/500 billion within 1-2 years, and then a 80% correction. Historically thats what crypto markets have done.

Your right in that the volume of Golos is still disappointing, but remember its Russian. It flys under the radar of most investors due to the language issue.

Remember in the 1990's many foreigners made what many thought were risky investments in energy and manufacturing companies in Russia. These investments made the investors incredible rich. They got better prices as most people were too scared to invest in Russia. I'm doing the same thing, but with Golos in 2017/18. Just watch.....

Replace no, but continue to take market share - yes. BTC is still only like 1-2% of the market cap of gold I think

I don't think Golos needs to stay within a buying range to bring people in, as many holders havent paid anything for their coins - they've earned them through publishing website content.

I think a lot of people sell their coins when they first earn them which is kept the Golos price down. REmember Golos was only launched in January. As it grows I believe people will realize they will make more more holding Golos than selling it, which will pump Golos

Clear Ponzi, I have no idea how its become so big when its so obviously a scam.

Thats crypto for you 

Why do people come on this thread and make up data?

You say ''Most coins have gone up by at least 1000% and some even 10000% since May. ''

The alt coin market cap has gone from around 35 to 75 billion since I made the OP in May. So how exactly is that an increase of 1000%?

And it doesnt take a genius investor to say ''oh you should have bought NEO'' in May. You're embarassing yourself making such comments. Thats like me telling people today that they should have bought Bitcoin in 2010. You don't say!

Golos is up about 225% since I made the OP.

Never put all your eggs in one basket?

What about the people that bought Bitcoin in 2011 and are still hodling? They've got all their eggs in the bitcoin basket, its working out pretty fine for them

Interesting, I didn't know that.

Given that Steem and Golos get crypto into the hands of normal people that aren't just speculators, I'm not surprised it's had that effect.

Its probably another reason why Golos is still so cheap

Since the start of the 2017 crypto bull market in early March, Steem is up nearly 1,400%! How is that 'dropping a fair bit'?

Thanks, yes its gone up since I invested originally, but I haven't sold any. Golos is still way underpriced vs Steem

Your point about significant changes is totally irrelevant, and neither is it correct.

I invested everything into Golos because it actually has traction and is underpriced.

It doesnt need significant changes or any for that matter. It just needs more traction which Im confident it will get.

Its already got more traction than 95% plus of all other cryptos.