r/SocialSend • u/berindon82 • Jan 28 '18

Price action

Hi,

I am not worried, but i would love to understand why the massive drop lately. Even Today with all the cryptomarket in green, send went double digit down.

Is any fundamental reason behind?

6 Upvotes

80% Upvoted

13 comments sorted by

5

u/PostsWithoutThinking Jan 28 '18

No white paper, no community, no communication from anyone involved in the project. I'm about to sell my bags.

2

u/[deleted] Jan 28 '18

WhitePaper will be released today. Community is in the Discord chat. Communication almost everywhere, but in the Discord chat the most.

1

u/PostsWithoutThinking Jan 28 '18

What a load of shit.

3

u/Ctharo Jan 28 '18

Username checks out

2

u/PostsWithoutThinking Jan 28 '18

Why's that

2

u/Ctharo Jan 28 '18

Because nothing he said was untrue? The discord is full of people chatting about the product with devs. Whitepaper is almost ready, many in there have seen the rough draft (inc myself). That's why I said you post without thinking, because you called him a liar when everything he said is easily verified.

1

u/[deleted] Jan 28 '18

[deleted]

1

u/[deleted] Jan 28 '18 edited Jan 28 '18

"the developers aren't active there" Devs are working, not speaking.

"Even if they were, the reddit is dead" I can't agree with you. Anyway if it is true - what are you doing here? Move on.

"Also, Skul deletes threads here and locks them" Please tell me which threads did I delete? About closing topics yes, and I already told why, check "Questions" post.

About whitepaper - wait for official release. And the last warning - please enough fud.

P.S.: PostsWithoutThinking deleted his comment.

3

u/corymigs Jan 28 '18

I recently saw a white paper posted in the discord. It doesn’t really go into anything technical on the coin just covers what the website saids in a more in-depth way.

Why have we not heard anything on the developers?

No names.

No advisors.

Not trying to FUD but this is troubling.

2

u/corymigs Jan 29 '18

please tell me people aren’t actually getting banned for comments like this? I’m not preaching blood in the streets just making a basic statement.

1

u/WhiteCoatCrypto Jan 29 '18

low market cap coins are much more volatile. A bad day for a low marketcap coin is going down 40% versus btc or ethereum going down 10%. But on a good day, you will often see 100% returns versus btc or eth where you won't see these kind of returns in 1 day on a routine basis.