Indeed, but that’s as it should be. If it is a popular public file, whoever uploaded it has done us all a good service.
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Definitely gonna pin your post, Zoki…and holdin’ you to it. 
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Your sanity check is certainly very much a contrast to the optimistic price predictions.
I am not saying you are wrong and would say that if we do see a big price drop from here, then it will certainly influence how I trade this is in future.
Hmm price is already cratering. I really do hope that we don’t just see a slow steady move in price having bought this some 7 plus years ago but we shall see I guess.
It is certainly going to lead to me trading this the next time there is a big price spike that is.
Price is just responding to BTC downturn. I’m not saying don’t trade but be aware it’s not an easy lunch in an ill-liquid market. It’s tiring make a few cents then seeing a spike and your left wondering if, when , how you’re going to make your original holdings back. Yes, it’s perfectly doable but it’s tiring and right now (given momentum) it’s more difficult that in the past, fallow years.
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Oh I agree with you, I am not going to trade until I see a very notable price surge as we approach and perhaps go into the full launch.
i dont trade assets often but i do find the (US) debt market interesting as everything derives value from debt ,in a debt based system. I find this indicator/tool to be simple, interesting and troubling 
when risk goes in the red zone, meaning debt is not selling. If the health of the (US) debt market is deteriorating then that is negative crypto and vice versa (improving credit/debt health) is how i view and think about things.
Free indicator … everything is free
learn-about-the-latest-trendiest-crypto-currencies (traderschoice.net)
edit: Greg has a bad website 
but a highly educational youtube channel (and free newsletter) were he works hard providing a pre market video daily and an close of market video and his thesis is that everyone "become your own central bank and bet against the debt " which i agree with. Simple.
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While BTC oscillated between approx 68K and 71K eMAID went from approx 50 cents to around 105 cents. eMAID is now approx 85 cents and it went up on the news of beta program release and dropped after it hit. A definite sign that this rise and dropping is not due to BTC cycling through its 3 or 4 K cycle.
So even though there is little trading we still saw the “age old” cycle of people buying on the news then others or them selling on the release. A more than doubling of the price and so far crawl back of 35% of the rise. Based on history of this cycle we could see upto around a 80% crawl back in price rise over the next little while (few weeks or so). If it does, a 11 cents rise is still a good rise. That is a 22% rise from before the jump.
The good news in that is the price should then rise from the final crawl back as beta continues to produce good results. Then as launch is being announced we’ll see the same cycle again.
Obviously this post is all in my opinion only.
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Not at this time. Its dropped to 80 cents.
Thats 5 cents lower since I made my previous post
I predict its a few weeks before it bottoms out, and maybe as low as 61 cents
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Anytime the price of an asset goes up this fast on such low volume, the profit takers (even if only a few of them) are going to drive the price back down.
I don’t know what big fish came in and pushed the price to a $1, but they likely aren’t experienced traders as they would have bought over a longer period if they’d noted the low average daily volume.
Importantly though the price movement happening now is a result of that buyer, not a result of the product or anything else. So the price will resume it’s normal average trend upward when it reaches it’s balance point - maybe between .60 to .70 cents - maybe more if we are lucky.
Rinse wash and repeat I reckon as 
will bring in a lot of trading noobs I suspect. But should eventually push the price up quite a bit before launch.
So either trade the waves, or just buckle in for a wild ride.
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Now less than 70 cents. Looks like some people have sold to get some profits.
So the 61 cents point may come around even earlier. Then we can see it rising as beta progresses successfully. As @TylerAbeoJordan says this is typical market reactions, we need to expect this.
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Theres was us making self filfilling prohecies upwards.
Neo, get on board pall.
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Once beta rewards started the future was set in stone.
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Well you spooked me, and i statred something, and now were here !
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I would not call myself a trader, but some signs are pretty clear. And the buy on the rumours (or news of upcoming release) and sell on the announcement (or release) has been a long time trading response of the market (share or crypto)
Learning some of the signs is important if anyone wants to ensure they buy sensibly and if they want to do casual trading. Like bitcoin being in a cycle lock between 67 and 72 K would allow people to do pingpong trading and make small profits until it bursts out of it.
I haven’t bough crypto for years and only ever did a little bit, but these cycles and signs were clear and talked about by many more knowledgable people in my casual reading.
And people going moon moon when its obviously not the right time only cause fomo in others and they end up buying on these buy/sell situations around rumour/news/announcement/release cycles.
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To be honest, last cycle ( 4 yr ago ) , i moved to sell, price dropped to 80c and didnt recover, and i didnt sell.
Ive worked some of the last years because of that.
Last yr i bought in when we were low,
If i hadnt realised some gain id kick myself for the next 4 yr.
Ive recovered my buy in and small cash profit.
Ill hodl my extra gained coins now, and my bags a fair bit heavier.
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I have a tip for you, on the next big event coming up and the price rises sharply then I’d sell a tiny portion of what you have and chance that the price will drop significantly afterwards. Then you can use the profits from that sell to buy back what you sold + more and still have some left over
No guarantees and why I suggested a tiny portion.
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Thats my plan, i was hodling nonsensically yesterday while in profit
I knew you were writing sense, so i acted .
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I agree that it isn’t a straight upward move that we should expect. However, we have:
- a beta product that people can join and use
- lots more folks aware of the project
- a more believable runway for launch
We also have the bitcoin / crypto cycle in upward swing too.
No one should buy now and assume it will be worth more every day for the weeks up to launch and beyond. That’s unrealistic. Imo, it is fair to believe it will grow in price as more people want to get onboard when the market is pretty small/tight.
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