Thursday, June 06, 2019 11:52:35 AM
Apparently (from source I talked to on the free faucet thing) when the plusone coins were slow moving the difficulty level of mining them dropped significantly pushing some big mining power over. The miners were able to mine quickly a lot of coins and dumped them on the market (that is when it hit 1/2 cent for a few days.
While I did not mention that to Clem in email or to help/customer service when moving my coins he stated that they survived the attack of the sale of some 200,000 coins and came back from it and was hopeful the coin would move up in price in the later half of this year as more use cases came up and as the crypto-thaw hit second tier alt coins etc..
It was all very basic stuff. But to be honest as some of you have caught on to, I think there are a lot of legal struggles for some US coins and alts in general so I decided to go with selling them. But I have 50 here and more on the freefaucet site which rotates between coins and dumps some here and there.
Also I get some from the plus1 tip bot on their discord channel.
Everything I post is my own opinion and people should always do their own research and due diligence on any company they are looking at
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