Post
Topic
Board Altcoin Discussion
Re: Stratis rock bottom?
by
NoiseBoy
on 02/10/2017, 00:37:21 UTC
Anybody have thoughts on Stratis?

It's gone way below all the TA predictions from a few months ago and just kept going downward loll

Appearing to be at all time lows at the moment - good time to buy or a red flag?

All time lows would be < $0.01. Long way to go before hitting that.

IMHO, the problem with Strat is that it way overshot it's intrinsic value during the big March-May run up across all crypto. Stratis temporarily hit unicorn status. Hard to argue that their product--at least in its current state and level of development--is worth >$1billion. I think it's still a good business, I just don't think it's a good speculative investment.