Post
Topic
Board Announcements (Altcoins)
Re: [LAUNCHED][POW]⚡ELECTRONEUM⚡Official Moderated Thread
by
404Revolution
on 08/12/2017, 23:02:48 UTC
I hear ya mate, I actually said in an earlier post if it reached anywhere near $0.50 by the end of 2018 i'd be very happy. But who knows where we'll be or how succesful it will do with the hype behind the coin.

Well I wasn't irrationally speculating I was explaining the logic behind price movements. Just because you didn't buy the floor doesn't mean you missed the boat. It explains a lot of coins really, rich holders buy the floor, then they buy even more coins which increases their prexisting portfolio value then simply live out of the coin, selling what they need as they need at the new price they set. There's no serious risk. If the price drops and they need to divest they can still sell at a profit. This is what wil make crypto unstoppable. Imagine if Jeff Bezos was unconstrained by law.... It would be crazy what he could do.

If you think 22 billion marketcap is too high you need to broaden your perspective. Market swings are regularly adding/subtracting 60+ billion usd. By 2050 billionaire status might not be so uncommon as it is today.