Ok, let go another one.
How much do you think that 100MIO usd actually is?
Total marketcap of all coins listed on coinmarketcap.com is USD26,877,877,231.
So:
1. 100MIO usd is 0.37% of all crypto listed
2. 20% of BTC daily trading volume
Xaurum's best positioning on coinmarketcap.com was on 23rd place - at that time the marketcap of Xaurum was 8mio USD. Today, if you would like to be on the same place, you need 28MIO USD of marketcap.
Is it just me, or is there anyone else too, that can not even pronounce all the names of coins listed around 23rd place? What happened that today we are listed on 49th place? Is there less gold behind of Xaurum? No, there is more of it. I call it a BUBBLE .
Do you really think, that you need trillions of different cryptos to live your life? First you need to buy a coffee- it is called Coffee coin, second you need to eat- it is called Food coin, third you need to sleep - it is called Bed coin and so on.
Come on guys?
Really???
Ask yourself if something that can be created out of thin air every few seconds/minutes (depends on a blocktime), how can this store value, and how can this be called either a currency or a money?
Would you really buy an Apple share, if they would print new shares every 10minutes?
How much do you think that 100MIO usd actually is?
Total marketcap of all coins listed on coinmarketcap.com is USD26,877,877,231.
So:
1. 100MIO usd is 0.37% of all crypto listed
2. 20% of BTC daily trading volume
Xaurum's best positioning on coinmarketcap.com was on 23rd place - at that time the marketcap of Xaurum was 8mio USD. Today, if you would like to be on the same place, you need 28MIO USD of marketcap.
Is it just me, or is there anyone else too, that can not even pronounce all the names of coins listed around 23rd place? What happened that today we are listed on 49th place? Is there less gold behind of Xaurum? No, there is more of it. I call it a BUBBLE .
Do you really think, that you need trillions of different cryptos to live your life? First you need to buy a coffee- it is called Coffee coin, second you need to eat- it is called Food coin, third you need to sleep - it is called Bed coin and so on.
Come on guys?
Really???Ask yourself if something that can be created out of thin air every few seconds/minutes (depends on a blocktime), how can this store value, and how can this be called either a currency or a money?
Would you really buy an Apple share, if they would print new shares every 10minutes?