Post
Topic
Board Speculation (Altcoins)
Re: Siacoin Epic Monster Moon
by
amaral1977
on 23/06/2017, 20:11:27 UTC
NOOB question.
I was Reading about SIA latelly and got in. Nowim trying to decide if i go in any further and at what price.
Today i was seeing this price moovment https://imgur.com/gallery/B7ZdA.

Lots of volume, and lots of selling below 700. do you experts see it as people getting out of the project? or just someone taking profits?

There are no experts on this forum, and if somebody had a real way to know if a coin is undervalued or overvalued he wouldn't tell you but keep it from himself and benefit from it.

The only people who really care about hyping a coin are those that have it and want to sell it at a higher price.

Notice how most of people don't even care about the technology but only hope to see the coin valued enough to sell it for fiat Wink

I understand it, we're in the speculation section anyway.

But do you honestly believe that anybody will give you a honest answer, supposing he has the right one?

Cryptos are not usual business when you can see how many debts/assets/ecc they have, they are hard to predict.

I'll give you an example: NAV's a much better coin than Monero, and I see no reason why it should be valued less than 12 $.

But then, the few people using anonymous transactions are mostly on Monero and Zcash (I believe Zcoin's also better than Zcash) so in the end it doesn't matter what's the better coin.

Nobody here knows shit this entire market is built over hope. I really believe 99 % of coins will crash and be dead before 2020. You know which will survive when crypto will become huge (because I believe it will at some point)? Then tell me, I'd gladly like to become a millionaire Smiley

I would agre with most of your post. The part of NAV being better than Monero is an opinion that is not consensual. Monero as proven anonimity and proved real used in the biggest darweb market (unfortunately crypto right now is either used to speculate on exchanges or for less legal business on the darkweb). As for NAV as different Way to provide anonimity, I like the project , but it as yet to prove itself.