Re: BitBay OFFICIAL BITBAY Thread Smart Contracts Decentralized Markets Rolling Peg
1 billion coins in circulation?! Why would anyone buy knowing that there are a billion coins in peoples wallets, most waiting to be dumped? That's a pretty tough a wall for most investors to climb.
I also feel people who make these comments need a lot more education before investing real money.
Number of tokens means 0 when making investment decisions.
The distribution of the tokens and MC are far more important. More important still is the real value of the project in the context of others here.
Why would people be waiting to dump at 30m when there are projects with 100M to 1B with less going for them.
I don't know where you picked up your education but I can guarantee you it's not worth half of mine
This coin is not Ripple, and will most likely have dumpers dumping most of the billion coins in wallets, far more often than investors investing.
Good luck
You don't know but can then make guarantees based upon that. Hmmm I see.
Okay, if that's your explanation then that's fine. Stay out and get in with Ripple.
We'll review in a few months.
Meanwhile - I'll go back in time and tell XEM and bitshares holders that they should have dumped out at a 30M cap. Actually, they have billionS of tokens so they are not going anywhere either.
The only part of your post that makes any sense is the " I don't know" segment.
I mean imagine if what you have said is a general rule then how do projects with billions of tokens increase in value at all?
Again I'll ask you why would you dump your share of a project if you consider it is below market value compared to other projects regardless of the amount of tokens it is divided into?
If this is the only factor you take into consideration then investing must be easy for you. Just find the projects with the smallest minting.
Let us know how that works out for you.