Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform.
by
Bitboy12345
on 04/06/2016, 14:20:32 UTC
Hello guys,

I wanted to ask you about your opinion what will happen with the yobit price before launch.

here you can check the current status:
https://yobit.net/en/trade/WAVES/BTC

Do you think it will be the same pump like it was before the launch of lisk ? And with the obvious dump post-launch obviously...
Here's a picture of what i mean:


I know many of you dont like yobit, but in the end there are one of the bigger exchanges and while their behavior might be not very "gentleman style" they still will not go down or not pay. Even if they wont get a full node from waves team, they will be able to process the withdrawals manually (they have confirmed that)

Anyway whats your opinion on what will happen with the price in the window from now <--> launch ?

Kind Regards

 The answer is simple... look at the price of lisk in comparison with its market cap. Because there are 100 million lisk the price parallels the marketcap... for example... lisk marketcap of 43 million translates to 0.43 usd per coin.

Because waves has the same supply (100 million) if its market cap is 25 million it will trade at 0.25 usd per wave. For it to reach 1 dollar it will need a marketcap of 100 million.

That said... with the bitcoin price on the rise, the btc invested are already worth more than ICO value/price but not quite a dollar per coin yet.

As for yobit... stay away. They manipulate the market by exubirating the price. Wait for launch on 14 june.