almost to block 6000
and honestly we're doing better on bittrex then I thought we'd do this early in the game... still sitting over 1000 and doing over 14 btc a day isn't too bad.
I personally had some buy orders at and below 1000 sat's cause you never know how far dumpers will go
still happy with the ones I bought at +1500 tho
lol 20 days of mining just seems longer than it is, it'll go quick then dumpers will be done
I'm def holding mine for the long haul
I think 1200 was the floor. Rallied hard after hitting it, and is on a slow uptrend. Im holding for awhile. We will see what happens when 6000 hits.
Not true. I've been trying to trade this for 2 days now since it's cheaper than mining at this point. The dump pressure is extreme and never ending and you can't trade this coin because as soon as you put up a solid buy wall it's dumped into and exterminated. Started looking into mining it again but that interest has dried up since it's not profitable to do so anymore. There is still a large private pool or two mining, but the official ones are finished at this point, they hold almost none of the hash rate and you will get a piece of a block every 10 maybe 15 minutes.
If you wanted cheap coins you are going to be able to get them soon POS or not. JudgeCoin is an interesting concept, having no scams, hype, or lies involved, but I don't think the community is looking for that at the moment. The community wants pump and dumps, hype, anon and cloud, and they don't want to be the bagholders.
I have sold my initial mined coins about 6 times now and recovered my mining costs. I have also bought back in for about 1/3rd of what it cost me to mine 17000 JUDGE thank goodness, so I am not the bagholder. JudgeCrypto you really need to think at this point though man. Your initial strategy isn't working unless it was your intention to see your coin in the sub 0.00000700 range. You need a feature, something special, and it's not what I think you are getting to.
You seem focused on being able to spend this coin and I like that idea, but who in their right minds is going to Starbucks, whipping out their phone and saying "I will pay with JudgeCrypto Coin"? If payments are going to be your focus I think you are going to need to rebrand the coin with a new name, new logos, and new marketing.
Otherwise you are going to need to offer those fancy anonymous transactions or something else the community is looking for.
Just my worth nothing 2 cents worth. I wish everyone the best.
Her MinerMario,
I expected the price drop. One thing I have been asking people to conceptualize is that Judge Coin is not a pump and dump. During the initial mining phase there will be heavy downward pressure so the price will try to find a floor as the miners, many of who are simply in it for profit sell to people who will hopefully be long term holders. Many coins counter act this by making false hype. They either premine or floor the coin, buy up a significant volume, then hype it up for a big sell gain and eventually abandon the project.
Judge Coin is not a good short term speculative investment instrument. This is a long term coin. This coin will give the community a more direct line in directing how the coin grows. Not everyone will really care and that is ok. For those people Judge Coin would not be the best investment for them.
We are already in a few short days building a long term community. I am quite pleased with where things are going.
I hope you choose to stay with us. We will be doing some cool things in the coming months!
Judge Crypto
I am with you Judge, like I said I recycled my coins a few times and recovered my initial investment so I have nothing to lose moving forwards.
But you seem to be okay with the as you call it "downward pressure", which I also understand. However that "floor" you are talking about has already been reached and breached. There are no more reasons to mine this coin, as it is not even remotely profitable to do so. There is also no more reason to trade this coin, as that "downward pressure" is unrelenting. All that are left now are bagholders.
When is enough downwards pressure enough? If your plan is to make this coin spendable then you need a rethink. It would require rebranding but I haven't heard you consider that. And what else is in the pipeline to relieve this dump pressure?
I am okay with my paid for by others stake in the wallet, but Judge you have to have miners and people that want to stay and play or you won't have a network otherwise.
Right now the market is not only saying but screaming at the top of it's lungs, no way JudgeCoin. It's all dump and no pump all the time and by the time your POW is over no one is even going to remember your name, or your coin's name. You are 3 days in and the hash rate is falling everywhere. You are 3 days in and multipools are your best clients. You are 3 days in and it's in every bagholders interest to dump as high as they still possibly can and buy in again 25 percent cheaper tomorrow.
Like I said earlier, I am in for free at this point so it doesn't matter to me. However you should rethink your strategy a bit I think. Just some worthless advice.
Wish you all the best. Take care.
