rangedriver



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Hero MemberActivity: 714Merit: 504 [GNT] Golem Speculation April 05, 2017, 09:52:47 PM #1 Thought that Golem should have its own speculative thread to differentiate price talk from general development.



Right now GNT is sitting very snugly above the 38.2% retracement of 0.00006504 following the rise from 0.00001674 up to 0.00009490. If it holds then that should provide a comfortable base to launch an attack back up above ATH. (Charting is still a little bit primitive for GNT but you can work out the retraction levels easily with an online fibonacci calculator).



What's still not quite understood though is who was responsible for the 12 million GNT market purchase (2-3 million USD) up and around the 0.00008 level, momentarily taking the price up towards 0.0002.



Difficult to know for sure what the motive is, but presumably they'd be looking to make their money back with a suitable reward at some stage.

sundaymorning



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NewbieActivity: 10Merit: 0 Re: [GNT] Golem Speculation April 05, 2017, 10:12:44 PM #2 Quote from: rangedriver on April 05, 2017, 09:52:47 PM What's still not quite understood though is who was responsible for the 12 million GNT market purchase (2-3 million USD) up and around the 0.00008 level, momentarily taking the price up towards 0.0002.



Difficult to know for sure what the motive is, but presumably they'd be looking to make their money back with a suitable reward at some stage.



I wasn't even aware of this..that's crazy.



Something worth sharing: I was speaking with a colleague on Monday about how he doesn't have time to game on his PC anymore due to numerous reasons, and one thing he mentioned was that he wished there was something that he could make use of his idle hardware rather than sell it away completely. I mentioned Golem to him and explained as best as i could what it was. He remarked that he was surprised that there's not already a well-established company/tech that already does this in todays day & age.



That got me thinking, that this sort of technology, and other technology being built in a decentralized & networked way, will inevitably be developed more & more. Thinking of where the internet is, i can' help but think about the classic Myspace example. You may be the first to build something, but something along the line may (probably) be built that is better in some way (faster/more user friendly/more regionally accessible). I wasn't even aware of this..that's crazy.Something worth sharing: I was speaking with a colleague on Monday about how he doesn't have time to game on his PC anymore due to numerous reasons, and one thing he mentioned was that he wished there was something that he could make use of his idle hardware rather than sell it away completely. I mentioned Golem to him and explained as best as i could what it was. He remarked that he was surprised that there's not already a well-established company/tech that already does this in todays day & age.That got me thinking, that this sort of technology, and other technology being built in a decentralized & networked way, will inevitably be developed more & more. Thinking of where the internet is, i can' help but think about the classic Myspace example. You may be the first to build something, but something along the line may (probably) be built that is better in some way (faster/more user friendly/more regionally accessible).

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Sr. MemberActivity: 532Merit: 250 Re: [GNT] Golem Speculation April 08, 2017, 01:53:30 AM #8 More will not grow up, for this and there was a candle up such a high for deception

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LegendaryActivity: 1246Merit: 1041Bitcoin is a bit** Re: [GNT] Golem Speculation April 09, 2017, 10:28:31 AM #11 Golem has to compete with elastic soon. Glad i´m in elastic and not golem

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Full MemberActivity: 125Merit: 100Chief Technology Officer, NYC Re: [GNT] Golem Speculation April 12, 2017, 03:50:53 PM #15 Quote from: Mikkiun on April 11, 2017, 04:26:14 PM is it too late to join this game? I'm learning about this coin and I also want to buy some GNT coins to hold it for a while but I do not know if this time is suitable for purchasing this coin? Thanks.



Right now we're in a game of finding the floor and looks like it could go down a tiny bit further. If you can get some below 0.00005 then that would be a good purchase I think.



That said it's likely that Golem will quietly start to rise back up beyond 0.00008 at some point, so if you wanted to buy for the long-term I wouldn't wait around too long. Right now we're in a game of finding the floor and looks like it could go down a tiny bit further. If you can get some below 0.00005 then that would be a good purchase I think.That said it's likely that Golem will quietly start to rise back up beyond 0.00008 at some point, so if you wanted to buy for the long-term I wouldn't wait around too long.