ichiban
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January 03, 2018, 10:31:26 AM |
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I am guessing there was a huge panic sale because of the rise of bitcoin price again after the Christmas/New Years dip. not fully unexpected but I was not expecting it to dip this low. I guess most people went for the quick money rather than long term.
for now I will HODL
probably a good time to buy LOW now. I bought at 0.00041000 before it rised, now it is more like 0.00030000. still a good HODL price imho.
ps: this is my first post!
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drigler
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January 03, 2018, 11:36:13 AM |
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any idea on the reason behind this major dip happening right now?
Seems like panic selling but that is what I mentioned. If you dont market on the public side then one single drop can cause a domino effect. So I really hope they start to do some more for the public because this drop costs me massive amount now which is a big issue (now) even if it gained 500%, the issue is that this sends a signal while most altcoins rise like crazy. A good dip is allways a chance to buy more, possibly lowering your entry price. You only loose if you panic and sell. Be wise and hold  |
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h0g0f0g0
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January 03, 2018, 11:55:34 AM |
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 HODling!! |
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marcellinuswiray
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January 03, 2018, 11:58:09 AM |
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Dont forget Buy the dip
Good moment to add more sumo
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premium_domainer
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January 03, 2018, 12:35:10 PM |
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Sumo always explodes time to time and get back to below 10.000 satoshi.
This was its biggest explosion but it seems it is going back when it started.
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marcellinuswiray
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January 03, 2018, 01:01:23 PM |
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Sumo always explodes time to time and get back to below 10.000 satoshi.
This was its biggest explosion but it seems it is going back when it started.
are you selling when dip ?  |
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Shitcointalk
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January 03, 2018, 01:24:19 PM |
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Sumo always explodes time to time and get back to below 10.000 satoshi.
This was its biggest explosion but it seems it is going back when it started.
are you selling when dip ? Exact, rule number one: buy high, sell low !  |
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codemanX
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January 03, 2018, 02:01:14 PM |
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That could be a huge success! SUMO performs really well since I bought some at the end of November when it was 0.80$. Sumo always explodes time to time and get back to below 10.000 satoshi.
This was its biggest explosion but it seems it is going back when it started.
I doubt it will fall so deep this time, except BTC explodes again. |
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Fbaeyyy
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January 03, 2018, 03:50:59 PM |
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The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.
All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!
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crypth0r
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January 03, 2018, 04:03:38 PM |
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The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.
All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!
Totally agree with you and I think there is more to come. Very happy I didnt sell the coin and see a potential of up to 100 USD in 2018 |
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tryer12
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January 03, 2018, 05:30:35 PM |
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Fbaeyyy
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January 03, 2018, 06:04:12 PM |
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I will but they should consider contacting binance and bittrex to get listed on there.. a big exchange would be good publicity. |
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tryer12
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January 03, 2018, 06:14:59 PM |
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They didn't contact Next , It was submitted by a random user IMO. I think they are planning to contact Binance and Bittrex once the first locked coins are released. But a question to the developers , Why not trying to add it to Poloniex they do have some low MC coins there, and this coins does have some cool features. I don't think they require funds in order to add it to the exchange. I will but they should consider contacting binance and bittrex to get listed on there.. a big exchange would be good publicity. |
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guilllet
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January 03, 2018, 09:12:18 PM |
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The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.
All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!
The dev team is composed of 4 or 6 guys ... Their commits are not very active lately. Only SadBAtman commited and all are working on their free time... How could this coin reach the moon in those conditions ? |
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sumogr
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January 03, 2018, 09:22:15 PM |
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The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.
All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!
The dev team is composed of 4 or 6 guys ... Their commits are not very active lately. Only SadBAtman commited and all are working on their free time... How could this coin reach the moon in those conditions ? You ve made a brand new account just for that? They ve merged ghost addresses on core in mid December and released an amazing GUI wallet supporting ghost addresses 5 days ago. Now go create one new account and try harder |
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Germining
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January 03, 2018, 09:25:11 PM |
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Don't be a fool... it is not about the number of commits. Devs work in private repos and do tons of work on a single pull. Other coins fake activity ...let me just quote a friend here... Devs are ahed of their roadmap. Why give a fuck about the number of commits... Its not about the number of commits, its about the quality of the commit. The commit https://github.com/sumoprojects/SumoGUIWallet/commit/151362028433571c9987e3fe4aaa52e79ab97559 had 8 files changed, with 407 additions and 79 removals. This could have been broken into any number of smaller commits, the devs simply chose to commit it all at once. Edit I'd like to also add that a lot of other coins will simply change one or two lines and make that a commit to boost their perceived activity - be careful with judging only on the quantity of commits. |
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guilllet
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January 03, 2018, 09:55:41 PM |
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Don't be a fool... it is not about the number of commits. Devs work in private repos and do tons of work on a single pull. Other coins fake activity ...let me just quote a friend here... Devs are ahed of their roadmap. Why give a fuck about the number of commits... Its not about the number of commits, its about the quality of the commit. The commit https://github.com/sumoprojects/SumoGUIWallet/commit/151362028433571c9987e3fe4aaa52e79ab97559 had 8 files changed, with 407 additions and 79 removals. This could have been broken into any number of smaller commits, the devs simply chose to commit it all at once. Edit I'd like to also add that a lot of other coins will simply change one or two lines and make that a commit to boost their perceived activity - be careful with judging only on the quantity of commits. yes i a wondering if they are students or professionnal persons. the team does not communicate a lot... I truly beleive in privacy so i a gathering information. THey have written here https://medium.com/sumokoin/sumokoin-development-path-2c5e0fd1b0fa "Of course, devs are working on free time only and all already have rather busy company jobs." i know that if the team is not 100% dedicated to the project it will may have an impact. The devs are really doing a great job with getting the wallets and updates out!
A problem i currently have is that they do not seem to have any marketing strategie or marketing at all which is really the most important thing in this speculation driven market.
Sumokoin should also consider a rebranding as nearly everyone i told about the coin that is heavily involved in the crypto space, thinks the name sounds cheap and scammy.
All in all a great coin but please devs, involve someone that makes sumokoin a big baller, which it certainly could be!
The dev team is composed of 4 or 6 guys ... Their commits are not very active lately. Only SadBAtman commited and all are working on their free time... How could this coin reach the moon in those conditions ? You ve made a brand new account just for that? They ve merged ghost addresses on core in mid December and released an amazing GUI wallet supporting ghost addresses 5 days ago. Now go create one new account and try harder yes i am new lool. Why does it look like strange? |
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Germining
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January 03, 2018, 10:02:20 PM |
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The team is ahead of the roadmap. That's all that is to say.
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visdude
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January 04, 2018, 12:42:07 AM
Last edit: January 04, 2018, 12:57:30 AM by visdude |
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The cheerleaders on here are employing the classic "diversion of attention" from real issues. They are desperately trying very hard to make it all about me and that I am fudding. Though I am flattered by their attention toward me, I must reiterate that it is not about me. It's about their cheerleading based on lies and half-truths for the sake of hyping up this crypto. Hype is good as long as it is based on whole facts. I am simply pointing out or filling in points/additional facts the cheerleaders have omitted in their claims (either innocently or on purpose). I am merely a messenger. Do not shoot the messenger. Again, it is not about me; it is about facts and common knowledge about this coin.
Cheerleaders -- all show, no substance.
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