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zhoutong

Talk Token price bellow 50sats

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On 11/29/2020 at 9:03 PM, zhoutong said:

 

My idea would be to remove the investbox for talk. It could be the only way to reduce the drop as it is moving to unacceptable prices and all the original enthusiasm is lost. 

 

Well Hodling strictly is the only thing that we could do right now in my opinion. And I don't think stopping the Investbox is  completely right decision for this moment. Some members are holding because of the Ib incentives and definitely they will dump their tokens after Ib gets closed which will make situation even worse.

The main reason is spammers accumulating talk token and are dumping without any care we should report them to Adminstration as soon as possible, until the utility of tokens get announced officially.

Don't take this as financial advice but if you could buy talk at dip and hodl longer it would be profitable and I'm doing the same Adding more talk as I could now😊.

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NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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I still have more hope than anyone about the Talk token and think it will be 200 satoshi after the developments in the forum and the changes that will create demand for advertising space. In fact 200 satoshi can be very small price as the crypto industry is about to explode and the Cryptotalk forum is one of the top visited crypto websites. 

Consider the above and don't lose faith.

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Talk token is not traded in any crypto exchange except yobit and it is paid free to the users of cryptotalk for their posts daily. And they sale it to earn. That's why it's price is decreasing.

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We want new information about coin talk, for this moment, I do not want to store it, the currency has fallen from 200 satoshi prices to 39, and this represents a heavy loss for those who bought from the top.

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46 minutes ago, Kafon said:

We want new information about coin talk, for this moment, I do not want to store it, the currency has fallen from 200 satoshi prices to 39, and this represents a heavy loss for those who bought from the top.

 

it was already expected that the price would drop from 200 satoshi to less than 50 satoshi this is because yobit still continues to pay in BTC and the bitcoin price has increased a lot to the point of being at $ 19000, so the current price of 37 satoshi continues being a very attractive price

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I do not know what is happening in the coin talk because it continues to go down even though the sale orders are not many, and if the prices go down more than we are, the currency will face a problem because most of the investors in it will think of getting rid of it. I hope its price recovers and we get back above 100 satoshi.

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I think that when people's confidence in this currency returns, its price will rise again .. speculators are many .. and I think that our patience and our endurance are being tested here.
we have to be patient
It is the best solution.

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Do you think removing TALK from the investbox is the right solution? Oh I do not think. At least it has helped to prevent enough dump in the market as some users are still saving TALK in the investbox to expect 1% as a return. I expect the increased use cases of TALK tokens to give the boost in its price. 

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Price is very low again and I hope it doesn't go lower. I know that most want to hold Bitcoin and add a few more satoshi every day means a lot. For this reason I think that it is important for the forum to begin preparations for the use of the Talk token as a method of buying advertising space and promoting visibility of posts.

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50 minutes ago, Whited35 said:

Do you think removing TALK from the investbox is the right solution? Oh I do not think. At least it has helped to prevent enough dump in the market as some users are still saving TALK in the investbox to expect 1% as a return. I expect the increased use cases of TALK tokens to give the boost in its price. 

I was afraid for the investbox because I have seen some programs like the Dollars that had 10% daily and not 1% but resulted in price going very low. I read about more of the investbox coins going down a lot and this is why I wrote for this. It can be a mistake but in case there are changes with use cases for Talk, then the investbox will help us a lot.

Edited by zhoutong
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58 minutes ago, Whited35 said:

Do you think removing TALK from the investbox is the right solution? Oh I do not think. At least it has helped to prevent enough dump in the market as some users are still saving TALK in the investbox to expect 1% as a return. I expect the increased use cases of TALK tokens to give the boost in its price. 

I don't also expect the talk to be removed in invest box, as it dumps many use the investbox to earn more of the talk, at least getting a percentage of the talk from invest box is something good, I dont. Am sure the talk will pump, just the way it did few days back

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18 minutes ago, zhoutong said:

I was afraid for the investbox because I have seen some programs like the Dollars that had 10% daily and not 1% but resulted in price going very low. I read about more of the investbox coins going down a lot and this is why I wrote for this. It can be a mistake but in case there are changes with use cases for Talk, then the investbox will help us a lot.

But I think talk token is more valuable than DLRS, because it's the official token of the forum (unlike dlrs token which was used just for the 1700 dollars airdrop) thus it would be supported by the yobit/cryptotalk admins (they stated, there will be more improvements in the future in this regard)

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The investbox didn't create a problem with the price. It helped in the beginning especially as many traders bought more to include in the investbox. Also talk is one of the tokens that is going to be used in the forum. There are marketing managers and crypto projects or websites that will be lucky to buy the tokens so low as they are now and use them to rent space to put their banners.

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The whales may be manipulating prices to drop dramatically, harming all of us who work on the forum as our work now has less value. For me, one of the solutions is that all of us who participate in the forum and who win Talk tokens reach a consensus to maintain at least 50% of our weekly production for a period of three months or even more. Of course, all of this would remain in the InvestBox earning interest as prices increase. Another solution is for Yobit to implement a fixed number of tokens per user at the time of selling, but this is already in the hands of the administrators of the platform. And of course the other possible solution is to add utility to the token within Cryptotalk so that users would be forced to keep a percentage of our tokens on the platform.

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Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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I had seen that the prices of talks are getting low day by day.and im really worried about but I think the reason is the people of selling the coins the history all consist of selling the coins we should Hold with them so that a price will increase.Its a danger for us of low price talks.

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On 11/29/2020 at 5:29 PM, haydermohd said:

Yes, Talk Tokens price has gone down too much. As most of the people are instantly selling their reward. Moderators need to do something now. Talk Token is in bad condition now.

Yes mate I am very scared the way the price of talk token is depreciating. As for today it was fluctuating from 36 to 37. The price is really not encouraging, I hope the moderators try and help in this kind of price fall. @Jaafar Fahad Hassan @M.bello 

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Yes, I am sorry for the situation that talk has reached, as its price has reached less than 50 satoshi during these days, it is good for the moderators to adopt a strategy to limit the deliberate selling by members that negatively affected the price of talk.

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47 minutes ago, Husnyjaf said:

Yes mate I am very scared the way the price of talk token is depreciating. As for today it was fluctuating from 36 to 37. The price is really not encouraging, I hope the moderators try and help in this kind of price fall. @Jaafar Fahad Hassan @M.bello 

The moderators can't do anything about the price of talk, it depends on how it purchased and how it sold, and the fact is that if members can hold and not sell ,the price will definitely pump, but members tend to sell daily that's why we are encountering thing kind of dumping always

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The main factor that affects the price of the currency is the amount of coins that are injected into the market daily, to this we can add that the minimum to invest in the investbox is only 10 tokens, a very low sum that It allows many to manipulate the price at will, in addition I find it impressive that the currency has had so many rallies and that the community has broken the supports, they only want money ...

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31 minutes ago, Jaafar Fahad Hassan said:

The moderators can't do anything about the price of talk, it depends on how it purchased and how it sold, and the fact is that if members can hold and not sell ,the price will definitely pump, but members tend to sell daily that's why we are encountering thing kind of dumping 

All my thought was that the moderators can figure out the problem of the depreciating price. Now its depends on us the members to be patient about withdrawal so that the price can rise back. But do you think the forum members can endure with out withdrawing? 

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You are right, the price of the currency has decreased a lot, but I think this is normal as long as people sell the currency as soon as it is acquired and it is not a game of whales as you say

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11 hours ago, zhoutong said:

I was afraid for the investbox because I have seen some programs like the Dollars that had 10% daily and not 1% but resulted in price going very low. I read about more of the investbox coins going down a lot and this is why I wrote for this. It can be a mistake but in case there are changes with use cases for Talk, then the investbox will help us a lot.

Brother @zhoutong , yes that's why investbox for dollar is overrated. As I trust forum administration, sure they add more  usecases for the TALK tokens because it determines the future of forum. Investbox is still offering 1% as a return, it is still cool, brother. 

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The low price of the TALK token is a very worrying factor. There was a brief pump in the price of the TALK token last week, where the value almost doubled from 35 satoshi to around 70 satoshi for a little while and that was good, however it seems that after that point it continued to decline in price, which was not a good thing before once again dropping down to the 30-40 satoshi region. 

 

Personally i think that the investbox at 1% daily is not a major contributor to this drop in price. If anything it encourages the users to hold their TALK token rather than selling it, which should be good for the price. I think the concern comes in that many members are immediately selling off their coins as soon as they earn it, which is resulting in a larger seller market than buyer market. I hope that the price is regulated in the future or that it is pumped. All we can do is wait and hope. 

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12 hours ago, Husnyjaf said:

All my thought was that the moderators can figure out the problem of the depreciating price. Now its depends on us the members to be patient about withdrawal so that the price can rise back. But do you think the forum members can endure with out withdrawing? 

Moderators can't handle the price , yobit exchange can only protect it since it their official token, we are the ones that can make it pump again, it was launched at the rate of 200 satoshi ,the rate at which the forum members sold often makes it dump 

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@zhoutong Yes, the price is decreasing of token really it hearted me. The main reason is that everyone is selling even at low price the supply is increasing and the demand is not increasing like supply. My suggestion is to hold token and wait for increasing the price.

Brother, yesterday i read an article about talk token written in 2019, in the article the writer predicted that in future token price will be decreased up to minimum limit. He mentioned that 1 talk token will be equal to only 1 satoshi, really i was shocked after reading the article and now I'm noticing that the prediction is going to be happening right. But we'll not give up. And i think to control its price the moderators became super active after falling the price, our posts are deleting more than previous so that the supply of token can be decreased.

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