Quote from: CoinTherapy on January 16, 2018, 08:34:10 PM

Quote from: muenze on January 16, 2018, 08:14:12 PM

Why should this be worth $300m as its now when its basically just a script that you could create for maybe $5k to search blockchain data?

How did Cardano and Tron reach astronomical valuations with nothing more than a whitepaper and marketing?

You did not answer the question. I actually made x30 on Tron because I bought it cheap. I would NEVER buy it now.

Same for your coin, it might have been good when it was $15m market cap but now its $300m based on a simple search feature? You probably can find a freelancer to code that for $5k. How is it worth $300mil?

There also is presearch btw which claim to revolutionize searching. Will never work and of 100 companies who try such stuff, not even 1 wins...

Cardano got a HUGE sales team and is hardselling their coin in asia. So thats where a lot of their evaluation is coming from. Plus they might make a more effective blockchain/platform so theres lots of "hope" in the current price of Cardano. I would never buy them now. I never buy after a coin has risen by *20 or more already. Thats too late unless its something really revolutionary.

Right now I am investing in Metaverse which is at only $100m but MIGHT become an alternative to Neo/ETH some day. So at this price, I think its a very good investment. But paying $300mil for a simple search script? Sorry buddy there is nothing in this.