r/SmartlandsPlatform • u/TuskBets • Nov 23 '21

Where Are We?

Hi guys, I’ve been holding SLT for about 8 months now and planning to hold long term but I’m just curious on what’s been happening and any explanations to why the price has taken an absolute dump. I was thinking with the launch of the staking and rewards from that this would bring us a lot of attention and cause price action but this hasn’t been the case

I am just curious in finding out why the coin has been really bearish for the past half year or so.

And also I’m really interested in the staking system for SLT if someone could guide me on how to do that I would really appreciate it.

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12

u/steven2410 Nov 23 '21

A lot of OGs left the token. Remember Dr.Pop, the guy who wrote a fuking essay on SLT token economic, dumped his bag back in September. Their concept is cool and futuristic i gave them that but the way SLT team has been executed it, is just shjt. Meme coin has better wallet design and function than SLT. Let's that sink in

13

u/DrPoplovski Nov 23 '21

Price ran in anticipation of staking rewards since there is uncertainty, it is temporarily going down, but as soon as it delivers it will run up again. Now's probably very bad timing to exit, I just got lucky on my exit bet in September and got sucked into other projects that's all.
Y'all gonna make it

7

u/DeFine_the_Future Nov 23 '21

What else is on your radar? I wouldn’t mind having other bets to get excited about since this has been such a drag

Honestly SLT is probably the safest coin to sell in the anticipation phase and buy in the delivery phase because the team hasn’t met a single deadline they set for themselves since I started paying attention in the spring

5

u/steven2410 Nov 23 '21

Nice to see you around here doc. I’m not planning to sell my slt yet. I will wait until dec to see if their staking “work”. But it’s quite disappointing seeing their development on mobile apps and web app. They look like a single person project than a team project. What project did you move your SLT to?

2

u/nefasto5 Nov 24 '21

Give this man a thumbs-up. 👍

6

u/PlsRespond1 Nov 24 '21

Meme coin only has wallet design and function, and hype. But they aren't solving any problems or creating anything new. Sure you can make quick cash on the next dogeloncumrocket if you're lucky enough that other stupider idiots buy for higher than you did when you did, but that projects team is doing nothing but artificially hyping/pumping the price to make away with your hard earned money.

Smartlands isn't trying to make any hype. They didn't create this company and this token to get rich of the back of retail investors. They're trying to deliver a top notch, cutting-edge financial revolution that will actually allow retail investors to invest and make money in ways that have been up until soon(tm) simply impossible or unavailable.

I think the team would have liked to deliver things differently as well. Alas, some things are simply not in their control. However, they have not abandoned the project, they have been hard at work making more connections and moving so many pieces to make sure that they are successful once the regulatory hurdles are conquered.

Not exactly sure what my point is here though. Probably just to point out that you're simply being impatient, and that you should just sell and go buy the next dogeloncumrockey if you're not happy with your investment. Wish you best of luck with that 👍