Re: ⚒ Syscoin - LIVE Decentralized Marketplace, Encrypted Messaging, Escrow & more ☍
yeah I expect the price to rise slowly after the block halving. I am buying 1 BTC worth every month 
would you please explain the connection between BTC halving and SYS price rising?
Sure. People are buying bitcoin now in the anticipation of a big price explosion. Well this means alt coins such as sys suffer in price deflation. when all the butcoin hype is over and sys launches it will slowly go up. so its the right time to buy sys now but buy small amounts per week becasue the price is likely to dip down to 5-700 satoshi before it goes higher.
Thanks a lot. theres a kind of logic in your thoughts...
Indeed there is...and then of course there are the two great motivating forces that actually drive the markets: fear and greed - liable at any moment to confound even the most reasonable analysis
There is logic to this only if you look at it in the absence of any sort of news or progress on the project itself. The team continues to deliver and the inherent value of the project continues to grow; whether or not it is being adequately recognized by the market is another question entirely. But the fact remains that as progress continues and a commercial-grade product is released there will be a rerating of the value of the project and I suspect it will be at a far higher valuation than what we are seeing in the market today.
In the long term, the value of SYS will raise if the team continues to support a quality product with additional, innovative uses and functions. I think as the markets slowly mature, and attention turns to innovation, you will start to see that appreciation in SYS and other worthy projects...