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/biz/ - Business & Finance

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12367268 No.12367268 [Reply] [Original]

What happened to this shit, is it dead?
Have some I bought last summer, Is it ever gonna pump?

>> No.12367279

>>12367268
scam

>> No.12367301

>>12367279
how so? seems they are still developing with plans to move to the HPB blockchain

>> No.12367577
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12367577

>>12367268
$0.10 down to $0.0018
You failed me /biz/

>> No.12367692

>>12367577
I know right? I only bought this cause it was one of /biz/'s undervalued gem :'(

>> No.12367721

>>12367268
despite what the "watch the china hustle bro" types will say, it's still moving, they recently deployed a dapp to HPB

>> No.12367747
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12367747

>>12367692
I haven't sold, but only put a few hundred dollars into it last year. We will see if it ever does anything significant.

>> No.12367801
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12367801

>>12367268
Look, there are tons of cryptocurrencies like Banyan Network that may still have a team working on the coin/project, but the price has plummeted throughout the bear market.

I think the key here is 1) is the project still progressing? If yes, then the price falling to $0 shouldn't be as worrying and 2) is the team reliable? Who is the team? How likely are they to exit scam (i.e. sell off their assets and stop working on the project)

Look at Oyster PRL. That seemed like a legitimate project, and there was (as far as I know) progress being made, but the team ended up not being reliable in the end. As long as those 2 questions above are satisfied, I wouldn't give up hope that your shit will pump come next bullrun.