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RE: Suppoman EXPOSED as a scammer. Why you should NEVER listen to any youtuber and always do your own research.
No problem. I also do a crypto due diligence post on Saturdays that is attempting to help also. We shall see.
Does your info about chc include anything about masternodes? I've seen you yell scam about chc tons of times and never mention the real reason they are holding coins. You keep saying why would you buy coins and not dump them for a profit?? Because that ruins a coin, any coin. If people weren't so greedy and only took what profits they needed I bet this market wouldn't be so violate.
The coin is already ruined. It was and is a dead project. some hype about hodl and masternodes doesn't change the status of the project.
People don't owe anyone anything, including leaving profits on the table to reduce volatility. Arguably, price manipulations like the ones being perpetrated on CHC have more of an impact on volatility than people taking profits.
Masternodes were a strategy focused on scale. A project's use of masternodes doesn't give it legitimacy or activity or make it a worthwhile project. That's why I encourage everyone to do due diligence. In this case, a dead project has been pumped. Now what? Everyone keeps pumping bc "masternodes"?
That keyword is essentially like people saying "blockchain", it's a statement of the tech used to build the project, not a statement on the project's future or the potential of it. At the end of the day, a masternode to a dead project is rather irrelevant.
I've see coins with less and no masternodes go higher in price. I mean I get what your saying, and I agree to an extent. What I keep trying to point out is that if we can manipulate the price to a point where the coin has value I believe it will hold that value due to the fact it's the cheapest masternode out there. Also if it became know as a coin with little movement I could see it become one of the coins people move money to when dips happen. Mainly what I'd like to see, is if a large enough group of people come together, can they drive a coin up to a price that makes it profitable to hold if you own a masternode? You say the coin is dead, if that was true I think it would have been worth much less then $.10. lack of development sure, but dead? No. Don't let this current drop in price feed your ego, the chc group is allowing this to happen and seeing how low the price will go if they remove the buy walls and let it fall as far as it can. If it does more people will buy in and get masternodes. If it drops below $.20 I guarantee it will shoot back up as there's gonna be a huge round of buying. Either way it's a very interesting project. It's not like the other pump and dumps you keep comparing it too.
#ashr I would love to see a link to your due diligence post on Saturdays :) Please and thanks if you have that available.
Hi @maryt,
My due diligence posts:
https://steemit.com/crypto/@ashr/due-diligence-example-1-expanse
https://steemit.com/altcoin/@ashr/crypto-due-diligence-2-using-bitcointalk-org-to-check-out-projects
https://steemit.com/cryptocurrency/@ashr/crypto-due-diligence-using-github-to-check-out-projects