Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform.
Come June 14th, those users who invested probably about 10-50 btc will all dump their WAVES and profit about 100%. Lets say someone invested about 10btc on Waves so he now double up to 20btc after dumping. Come halving, his 20btc will also turned 40btc. That's about 300% return. Will he buy back WAVES? more than likely NO. seeing he already squeeze a lot of btc during the release. it may take a year before WAVES will ever recover just like how Lisk turned out.
But he may possibly buy RISE instead.
That is the craziest logic I have seen about Bitcoin Reward splitting. If someone has 20 BTC before the 25 to 12.5 BTC split, they will still have 20 BTC. They may or may not be valued higher.But he may possibly buy RISE instead.
Now if I have 1 BTC worth of Waves, it will still be 1 BTC worth of waves regardless of the Bitcoin split. It may be worth more or less depending on the price of Bitcoin since alts are priced against Bitcoin.
must have misunderstood it. let me just rephrase it in USD.
Lets say I invest 3000 USD on WAVES and dump them when release. by then i will get about 6000, lets just assumed its doubled. Come halving my 6000USD will once again be doubled during halving. so i now have about 12000USD.
I will buy RISE and dump it again upon release. hows that as a trader's plan?
If the same guy invested $3000 in Waves and it has a chart like below he would end up with $81,458.66
That is an Ethereum Chart
That is he wants to wait for months. it would take two months before wave will ever start climbing and its going to be an uphill battle due to bitcoin halving.
those traders will prefer to buy stable tokens like ETH and LITEcoin than waves that hasn't prove a thing yet.
Now I'm all support for waves, it sure has potential but my concern is that we'll going to prevent the massive dump.