When will BP prices pump up ?!

[Freemind]

~

Hi @debra.

Below I explain some of the facts that unfortunately have led us to the current scenario:

Q: Can you explain a little bit about price history, and why one might consider backing Beyond Protocol?

A: Beyond Protocol has been on the market for a very short period of time — we haven't hit our four month anniversary yet — and the price has nearly exclusively moved around two unanticipated events not tied to the fundamentals of the project: i. a social engineering exploit where a bad actor seized and dumped Beyond Protocol tokens ii. an unlock to pre-salers which happened without the support of our tier-1 market maker and launch on a tier-1 exchange as planned (the exchange listing was delayed and the market maker was unable to provided support on the smaller footprint of exchanges BP listed on).

There are severals reasons to believe a more normative price will be realized overtime:

 - The vast majority of the community is holding/staking their tokens; they are hold-term holders

 - Beyond Protocol will list on several tier 1 exchanges in the short term with the support of WinterMute, its tier 1 market making partner, who is also an investor

 - At mainnet, Beyond Protocol will facilitate transactions between a huge array of IOT devices, allowing them to communicate securely and cross-silo for the time

We are in the early innings of the first phase of the project.

In addition to that, we must take into account the FUD that BP is suffering from some "users" with the aim of lowering the value of the token with the intention of buying cheaper. The team continues to work tirelessly, I think it's only fair to give them time to present a truly innovative product.

I know that such a drastic drop in value can scare many people and maybe there are things that could have been done differently, but the project has not changed its vision and that is why the team has my confidence.

[Monkey Monster]

If we employ Beyond Protocol technology as a foundation, the token's value can rise much higher than the previous ATH, but this will only happen after the main network, when some of the partners begin to use the technology for various purposes.

[Freemind]

If we employ Beyond Protocol technology as a foundation, the token's value can rise much higher than the previous ATH, but this will only happen after the main network, when some of the partners begin to use the technology for various purposes.

BP has multiple use cases with world-class partnerships across multiple industries. More information is available in the White Paper and on the official website. I also recommend reading the latest update that talks precisely about the value of the token and how work is being done to improve it before mainnet.

The latest update is available here: https://www.altcoinstalks.com/index.php?topic=258379.0

[alltalk]

we must take into account the FUD that BP is suffering from some "users" with the aim of lowering the value of the token with the intention of buying cheaper.

I don't know if BP is suffering because of this drop. But the early investors are really frustrated since the drop is very extreme. I spent some money, bought some BP tokens when the price was around $30. Now, I almost lost more than 90%, and I am trying to forget those tokens on my wallets. I doubt if investors are those people who always tried to lower the price. How can they try to lower the price every time? 

I know that such a drastic drop in value can scare many people and maybe there are things that could have been done differently, but the project has not changed its vision and that is why the team has my confidence.

The project may still develop slowly. But investors seem to leave gradually. I don't want to talk about "confidence" this time, you must know if no one feels confident seeing the drastic changes in BP price.

[Freemind]

I don't know if BP is suffering because of this drop. But the early investors are really frustrated since the drop is very extreme. I spent some money, bought some BP tokens when the price was around $30. Now, I almost lost more than 90%, and I am trying to forget those tokens on my wallets. I doubt if investors are those people who always tried to lower the price. How can they try to lower the price every time? 

The project may still develop slowly. But investors seem to leave gradually. I don't want to talk about "confidence" this time, you must know if no one feels confident seeing the drastic changes in BP price.

The manipulation game is as old as the market itself. We have seen many times how the whales have lowered the value of many coins/tokens to sow chaos and make users sell, to buy cheaper. And that is what is happening with $BP, but they are not institutional investors, of course, institutional investors continue to hold their tokens.

I don't think that investors are losing confidence, but it is normal that there are people who sell their tokens. This is a long term project, not a pump and dump like Doge.

I don't know if you have seen the value of $BP today, but as you can see, many people have been waiting for the token to hit $0.05 to buy.

When you can, please read the latest update from the team, you will get more answers. The latest update is here: https://www.altcoinstalks.com/index.php?topic=258379.0

[Beattysuhita]

~

Hi Beattysuhita. Unfortunately, there are many people creating FUD, and they are the same people who are reducing the value of BP with a single purpose, to manipulate the market by reducing the value of the token (even selling at a loss) with the intention of buying at the lowest price to accumulate more tokens. Although the project started in 2018, the token is not yet mature and many people do not know about it, but the technology and fundamentals are unmatched by any other project.

I have never (and never will) tell anyone what to do with their money and investments, buy or not is your decision. What I will tell you is that I have my tokens staking to keep accumulating.

Actually I am very angry and disappointed with this drastic decrease in BP, and I also still have hope that the BP price can pump again. 
Although it can not reach $40 or $30 , but at least the price of BP can reach $10 by the end of this year. 
The team must do something to increase the price of BP, If the potential is really there then now is a good time to increase our investment in Beyond Protocol.

[Freemind]

Actually I am very angry and disappointed with this drastic decrease in BP, and I also still have hope that the BP price can pump again. 
Although it can not reach $40 or $30 , but at least the price of BP can reach $10 by the end of this year. 
The team must do something to increase the price of BP, If the potential is really there then now is a good time to increase our investment in Beyond Protocol.

I understand how you feel, and it seems normal to me that you feel that way. Regardless of the price at which each investor has bought, I still think the same. Nothing in the project has changed, and when the first use cases start working, everything will change in reference to the value of the token. Mainnet will change everything, and both the Beyond Protocol team and its partners know it. That is why it is advisable to read one of the latest updates of the team, where you will find more information about what the team and its partners plan on the value of the token.

You can read it here: https://www.altcoinstalks.com/index.php?topic=258379.0

[Jamal Aezaz]

Yes very likely. Beyond Protocol is IOTA competitor, secure IoT blockchain, only $9mil mcap

Price fell as low as $0.05 due to a social engineering attack and presale dump into thin liquidity

$1mil worth was market bought on Gate a few weeks ago, price pumped all the way to $0.30

Back at $0.10 now... but it seems like someone knows something

[Freemind]

Yes very likely. Beyond Protocol is IOTA competitor, secure IoT blockchain, only $9mil mcap

Price fell as low as $0.05 due to a social engineering attack and presale dump into thin liquidity

$1mil worth was market bought on Gate a few weeks ago, price pumped all the way to $0.30

Back at $0.10 now... but it seems like someone knows something

I understand how users and investors might feel about the price fluctuations of $BP. But that does not take away from the potential of the project and the foundations on which it is based. In an ambitious project like $BP, it is not possible to work without difficulties that cannot be planned from the beginning, but can be solved when they happen, and that is what the team is working on. The roadmap continues its course and use cases continue to appear as work continues on the way to mainnet.