What a sharp decline from $49 to $5..!
It's all evident now that - Bit-Z and Hitbtc both are totally useless.. One with their fake volume and the other with almost zero volume...
Only one exchange cryptopia, with real volume won't be be able to handle such inflation...
While all other alts are dying, it's of no wonder that BTX will follow the same...
Yet all cryptos no matter where they are being traded,, they are bathing with blood... Following the bearish trend..
Some extreme, really extreme good exchanges are must for BTX survival in the near future...
Finally, I have no other way except holding.. So I am holding and I am not that much fool to sell for only $5..
Long Live Bitcore
Great post and sadly agree, but I remain optimistic about Bitcore. It's been a test to accumulate during low position and hopefully pay off long-term once the quality starts to break.
Bit-Z has thrown a red flag, especially when the "bot" broke a few months ago. HitBTC was a complete flop and never moved the crowd.
This combined with the inflation model is putting a lot of stress on the coin.
However, I ran a few numbers in my head one eve on what I thought was the "real" volume of BTX and then calculated that vs mining emission and I felt like it still has a great community with several thousand hands in it.
Over the course of time, with bigger releases and innovations I feel we'll continue to develop, and have a lot more resistance vs dumps, steadily driving the price up.
