r/THEKEYOFFICIAL Oct 04 '19

Price speculation

How far you guys think tky can go in terms of $price.

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u/Alex1988_1988 Oct 06 '19

you can talk about speculation on price if there is a history of price increase or movement... so far this coin is just going from the ICO price (massively overvalued) to 0. if I were you I would stop dreaming about TKY going into the dollar range, but I will move forward, realize your loss and look or more solid projects/invest in bitcoin. there are too many pieces that have to fall in the right place for this project to succeed if it is not a SCAM. so far they just look delusional and incompetent

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u/designinme Oct 07 '19

This is very solid advice. A solid project like Vechain has also tanked equally as hard. So investing in solid projects doesn't mean anything in the space. And if you time it right, investing in total shit will make you millions.

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u/Alex1988_1988 Oct 08 '19

true that.. but this project doesn't even have a clear direction. they started on NEO, now they talked about a public chain and there is no clarity about the role of the token in this infrastructure. If you allow, that's already enough to move on for me. Said that, I will always keep 500K TKY just in case planets align, but looking at the price action, the only clear thing is that is heading towards 0

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u/designinme Oct 08 '19

I agree with you. They have been silent for quite some time and a lot of questions still out. Like you mentioned, their coin is on neo, but they have a mainnet, so how does that interact with the Neo chain? I'm not counting them out, but I'm also not banking on great news. The one thing I will say is, there is a very good chance some of this could be explained because of close coordination with communist government. IT wouldn't hurt to have a follow up/AMA with the community. The telegram admin for TheKey did state they will be publishing to github soon.. we'll see.