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when you believe in this project, then buy - when not, search another coin!
what i can tell is: 2 USD are very low
max supply is only 10m karbo and 120k infinity after max cap - think for your self - other coins have million and billions of coins..
what i can tell is: 2 USD are very low
max supply is only 10m karbo and 120k infinity after max cap - think for your self - other coins have million and billions of coins..
Whatever coin it is. Forget it.
2 USD is too high if you can get it for free. Or would you come up with the idea to buy for every breath of fresh air (which has no value in USD) 2 USD? After how many breathes you would be insolvent and therefore dead? Or would you breath rather for free? Exactly. You do not pay for anything that you can get for free. Its so easy.
The whole cryptostory is just a way to transfer units of whatever from A to B. You are paying for a method of transportion of a tangible asset. Wow - I am impressed. Sorry dude, that does not make any sense to me. I dont buy a bottle of coke because I love the bottle but because I love coke. (if I would buy this disgusting sugarwater)
And I do buy a bottle of beer not because of the bottle but because of the beer.
And if the water or beer comes through a pipeline (directly from the central bank) than YEAH. Great. But ok - some people also buy bottles with water for a lot of money in comparison to the water I can get for almost free from my water pipeline. So yes. The market participants are not acting rationally.
I do not want to forbid trading. I just want to point out, what does the cryptocurrency hodler
really want? Why are they buying? Thats an interesting question in my opinion. Maybe its a mix of a psychological component, play instinct, greed, wish to be free, wish to have value, wish to do anything, wish to report on next party from the own karbo-investments, running with the herd, doing what everybody else is doing (if someone is yawning you have to yawn, too - automatically). I dont know.
So - if you want - buy more of these Karbos. You are welcome.
But if you think the supply is the reason, then I have a tip for you: just buy the
42-coin
There are only 42 units and 42 units are much less than 10 million units. So - all 42-coins should be the most valuable ones, because they are the most scarciest ones. So rare.
But what is the market capitalisation of the 42 units of the 42-coin?
Look for yourself:
https://coinmarketcap.com/currencies/42-coin/
Actually: 500K USD.
Ouch.
So the market price is NOT a function of scarcity.
Have a nice cryptoday. I wish you much fun in buying and selling Karbos.