Quote from: Raizou on January 06, 2018, 06:59:46 AM

Some people bought CCT at $2, it's the herd effect, now prices are according to the current development, maybe I buy some, because at HitBTC doesn't have trading with fractions, what is the true expectation of price for CCT? Roll Eyes

My previous market analysis actually failed Cheesy

so I could be wrong, but I have seen MANY coins without any business background or with some business ideas behind them but completely unnecessary and irrelevant to the World; with over 10 million $ of market capitalization. That is why I actually choose CCT and another one to buy out of many, because I think what they are doing is really great.

So even if we talk about 'only' 10 million $ as market cap. at current circulating CCT supply that would mean 2.21$ / coin, that is why actually many people bought at 2$ as you say, it was not considered expensive at all. Then, if the business turns on fully, this number can be tenfold and I know this is very bold thing to say at current price but think about the purpose of the coins and what they are going to be used for Worldwide, therefor I am quite sure that the business target of the coin price is a 2 digit number in dollars and the price will be naturally pushed up by the users who use the service. Global marketing starts in May, but people are always impatient, especially in the cryptomarkets. Probably that is why there is a very usual trend there: Coin released, price rallies, then slowly goes down, volume decreases and then soon it rallies again with high volume. I can give you many examples.

I am loyal to the idea, I still think it is one of the best out there, so I am gonna stash my coins and wait for a couple of months Wink