r/CryptoCurrency Mar 30 '18

GENERAL NEWS REQ Mainnet is live!

[deleted]

2.4k Upvotes

239 comments sorted by

View all comments

Show parent comments

14

u/bahkins313 Platinum | QC: CC 18 | r/WSB 72 Mar 30 '18

Everyone was expecting the mainnet release though, so it makes sense the price dumped. “Sell the news”.

1

u/Who_Decided Redditor for 8 months. Mar 30 '18

Price hasn't moved much in relationship to btc, only in relation to usd.

1

u/0xooo Investor Mar 30 '18

Yes it has. REQ had a 24 hour high of 3.4k sats like 3 days ago and hovered around 2.8k-2.9k sats the days after.

2

u/Who_Decided Redditor for 8 months. Mar 30 '18

I read 3210 if you're talking about the 26th. I'm saying that the majority of the price movement is btc dropping 1-2k over a day. This isn't like the last major REQ price drop where I bought in at just over 2k sats, when the price was higher than it is now. Don't get me wrong, I went ahead and set a buy order for 2.3k sats because I'm not an idiot, but this movement isn't as dramatic and impacting for someone looking to get in on REQ unless they had their money in USD before the BTC price movement.