Post
Topic
Board Announcements (Altcoins)
Re: 🆗[ANN][OK] Okcash | Future of Cash | Micropayments | Unique LTSS | IoT | ROKOS
by
fadingin
on 27/10/2017, 21:01:23 UTC
I think 2017 brought a lot of new supporters ($$) into OKCash, and crypto in general. Some people have seen OKCash 20X or more in price from 2015 to early 2017. Others have seen OKCash 20X from early 2017 until now. I suspect a lot of those folks can easily foresee another 20X in this coin's future, but also understand it could be a year or two (or more) before that happens.

Those people who entered the crypto market in Spring/Summer 2017 for the first time should know they were a bit spoiled to see such vast and immediate returns, and it won't always be that way. Even Ethereum took a couple years to really pop like it did, but those with patience were rewarded. I suspect we'll see a cooling off period while further growth continues, but at a slower pace, until some of the newer coins mature or the existing coins develop further and spread their reach. Of course, we'll also see some price pops from time to time too. Those come with the crypto territory.

The USD $1 price level will be quite a feat to reach, and I suspect when we eventually hit that point, we'll see a lot of dumping simply because it's a psychological milestone (1Ok = $1), but I still don't think I could sell. The higher the price, the more my staked coins pay me, and that's without adding in potential growth with a rise in the coins price itself, so it's definitely going to be a Catch-22 when OKCash reaches those heights.