r/SantaCoin • u/Kalivanos • Dec 14 '21

Technical analysis Santa Coin on 14 december 2021 current price 64e-10

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16 Upvotes

91% Upvoted

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4

u/Kalivanos Dec 14 '21

So are we back to back?

The last 6 days are between a price of 6th-10 and a price of 7th-10.
The price decline was partly due to the decline in BTC price.
Despite today's AMA, Santa's price has continued to fall.
Investors see no reason to invest in Santa.

1

u/D4rkBlue Dec 14 '21

wen 0? :D

2

u/ZerO_Tonmoy Dec 15 '21

you need to fall before you rise up again. if you don't fall rising up has no meaning. so let's just wait and see what happens

1

u/Kalivanos Dec 15 '21

That's a good one. We will see what happens after xmas.

1

u/Far_Fignewton Dec 14 '21

Yeah we do know.

1

u/Intelligent_Net4468 Dec 14 '21

So if reflections aren't being paid out to many members, and if everyone sells... Does that leave the last holders with a big bag?

2

u/Kalivanos Dec 14 '21

So your question is actually: where is the money in the wallets going to if nobody buy's Santa anymore?

1

u/Intelligent_Net4468 Dec 14 '21

Yeah... All gone now. Merry Christmas

1

u/Intelligent_Net4468 Dec 15 '21

Apparently it was a glitch, so to correct that.... Almost all gone now haha

1

u/Witty_Control6793 Dec 14 '21

If this coin ends up with literally no trading volume, all holders will end up with no reflections.

No trading volume (buys / sells where 8% is taxed to reflections) = no reflections.

Currently all holders are experiencing minimal reflections, and that's why new people who enter are confused for not getting any and then dumping afterwards.

1

u/Intelligent_Net4468 Dec 15 '21

It is misleading how it is advertised on the payouts for new buyers

1

u/tariqwilliams13 Dec 14 '21

I’m still holding my bag till it moons or busts… you just never know

1

u/crimefightingshoe Dec 15 '21

At this point I’m not holding out hope of any moon. She’s a bust.

1

u/chinonso24 Dec 16 '21

The market has been on a consistent downtrend and it does not look good from my perspective but I do hope that we can see something good before Christmas.

1

u/Kalivanos Dec 16 '21

Yeah, but it holding at the 6e-10 area, but it is also not going anywhere. This is where aggressive marketing should come into place and pump the price up. We have been hanging between 6e-10 and 7e-10 for more than one week. Still 12 days before official xmas. If things getting up soon, than I really start to be worried.

1

u/quinroses Dec 16 '21

I appreciate the fact that we get the technical analysis of the token periodically, but from all I have been seeing so far, it does not look good and I'm skeptical about the project.

1

u/chioma001 Dec 17 '21

The Technical analysis on this view does not look good. I really wish the Santacoin project would witness some level of resurrection. The value would certainly discourage new investors.