Status network
What do you guys think about this neat little coin? It was released at bittrex today and I have seen many people saying it will do very well, so I bought some for 2000 satoshis per coin. If you want to buy it, I would suggest getting in today, as the price is still very low, on just five cents.
Watch this video if you don’t know what status network is:
So what do you think? Is there any potential in this coin?
I think that this coin wil go down even more since there are a very very lot of those coins circulating. It looks cheap indeed but if you check coinmarketcap you see there are 3 billion circulating now and 6 billion in total with a price of 0.005 at the moment.. I don't know how many people are using the messengerapp right now or how excactly it is different but based on the amount it is scary to invest in because there are 50% more coins in total then there are circulating now, when those get released the value will go down and so will your investment.
Yeah, I only invested 10 bucks, will wait till the price start to increase before I invest more. how low do you think it will go?
I have no idea but I invested a couple of bucks too because I like the gamble when there can be unexpected surprises these days so the loss is worth it when it doesn't I think.. it may be a good idea to check out what excactly the project is aiming for and what they try to archieve is promising in the market they want to be in
we should learn from this xD... the project and app isn't even finished.. how on earth could they raise 100.000.000 in half an hour then? lol.. luckily i was gambling but still it's a sign or these crypto markets are just insanity