Post
Topic
Board Speculation (Altcoins)
Re: [GBYTE] Byteball Speculation
by
leopard2
on 12/01/2018, 11:42:41 UTC
Just checked the price now, almost $800/GB, i never knew it was this highly priced.

It is not. There are only 645,222 GB in circulation. It is in fact very cheap right now.

yeah but nobody fucking buys expensive coins, it is all about price!!!!!

This coin is brilliant but in order to succeed,

listing on coinmarketcap must be in MBYTE or KBYTE

https://www.coindesk.com/weathering-altcoin-shitstorm-investing-next-one/

"It seems ridiculous to say, but the cheaper the asset, the greater the chance of a return. And when I said cheap, I'm not referring to a fundamental measure of value like a value investor would (P/BV, P/E, etc). I'm referring to its price.

A chart of returns over the past seven days paints this picture. There's a direct negative correlation between the price of the token and return. It's scary, but it's unfortunately true."

"Investors trying to find fundamental value are ripping their eyes out. XRP, with legitimately zero fundamental usage (see below), just passed BTC in diluted market cap."