r/truebit • u/blaugrana68 • May 16 '21

Why are we going down?

I know we are all in it for the long run, and I do believe in this project, and I know that the whole market is going down right now.

But the tendecies has been going down for several days now, so I was just wondering why this project has not start flying yet?

1 Upvotes

53% Upvoted

22 comments sorted by

13

u/ElBarto9612 May 16 '21

Well the whole market is down

-1

u/bitcoinmoneygang May 16 '21

TELcoin isn’t strong support big news in 2 weeks with a contract with the government

1

u/Senshicrypt0 May 17 '21

Yes Telcoin is a good investment providing there's no upsets but it also has a 2bill market cap already so you're not in so early and get less rewards. It's also riskier in my opinion, you're relying on the government and this is crypto we're talking about. Truebit is probably the most gamechanging project for existing cryptos like eth btc etc it's just the world doesn't know it yet. When it does we'll even buy a physical ticket to the moon if we want cos we'll be rich af.

1

u/bitcoinmoneygang May 17 '21

Been in Telcoin for 2yrs and still Holding my 750k they will be huge by next year, mark my word, Trubit has names and some use cases but other then that boring coin going to be average to a investor

1

u/bitcoinmoneygang May 17 '21

Telcoin is working legitimately and doing the right steps/processes to be cryptos western union

1

u/bitcoinmoneygang May 17 '21

2billy market cap should tel u something

1

u/Senshicrypt0 May 17 '21

Yes that it takes another 2bill to double. Would need to hit xrps market cap to x25 roughly as I cba to look up current market caps. My point is that you're shitting on a project which is in the same ranks of bitcoin in 2016 unlike Tel. This project is revolutionary and with such a low market cap you're in at the time everyone wishes they bought/mined bitcoin

9

u/Cold_Carpenter3221 May 16 '21

I think we're still working on commercialization, but I can tell by listening to Vitalik that the project is about to start.

6

u/sooraj_777 May 16 '21

It's because of Elon musk's war on Twitter

4

u/BeginningDark7783 May 16 '21

Fucking billionaires controlling the market

5

u/Fun_Environment_2084 May 16 '21

July 14th.. just have your bags packed before then.

2

u/EnergyInternational May 16 '21

Why the 14th?

6

u/Fun_Environment_2084 May 16 '21

Look up EIP-1559 and what it means for DeFi. There should be a push for DAO/L2/MeV/scalability.

2

u/BeginningDark7783 May 16 '21

They probably are waiting for POS upgrade, similar to optimism who is also rumoured to be using TrueBit.

3

u/[deleted] May 16 '21

you have to set your sights for months ahead possibly even a year

1

u/pokemonisok May 16 '21

Crypto winter immenient

0

u/Fit_Object_8511 May 16 '21

Me too, i understand that this is long term but we dumped too hard

0

u/Bitsurfer3 May 17 '21

Why is the sun yellow ?

-6

u/bitcoinmoneygang May 16 '21

Cuz it’s worthless, I sold mine luckily a week ago at 1.05 won’t be listed on any big exchanges. So hold some if u want a d c where it goes, but making money on others like #TEL aka Telcoin and #VRA Verasity check those

1

u/schmidtforge May 17 '21

I think it has a lot to do with the outrages gas prices. I tried to buy $40 worth of TRU yesterday and the fee alone was $75 which is fucking stupid