Quote from: Kryptomaniac on July 06, 2017, 04:57:59 PM

Quote from: gvozdik on July 06, 2017, 04:23:19 PM

What mean resistance in crypto/market? How I can see it? Sorry for amateur question.
You think it will tommorow down?

If you're genuinely asking I would tell you not to worry too much with these terms and metrics. In Crypto Economy their just fancy terms to show everyone how much one knows but at the end of the day it's worthless rhetoric. These fancy terms, like "resistance" and "walls" are mostly used for the traditional market and they're being transplanted into the Crypto space. It's useless to try and apply them right now to our type of assets, at least until the space matures as a whole. (To prove my point study the charts of the top 50 coins for the past 90 days and you'll see what I'm talking about).

Things to look for include the "intrinsic value of a coin" or how does this coin fulfill a need and how it does it better than other coins; community involvement around the project and last but not least development. $XVG does a good job in fulfilling these requirements.

$XVG is a "privacy Focused" currency and compared to other similar coins right now it's an absolute bargain. I mean at 180 Sats they're a steal. The community around the project is very strong, there's some real love here, of course keep in mind that there will always be haters. On the development side, these folks are churning away, tirelessly. They're focused and they're keeping their word time after time. These are the things that really matter right now in the space all else is baseless speculation. The time will come when the fancy terms will carry some meaning but for now they're mere opinions and guesses.

Thank you for so long answer and great info/opinion

I buy more because I beilieve that in totally bad situation it will 5x more in price in one year. (I believe it will pretty more if not come something pretty bad) But I could have more, but less is better than nothing.