Re: ☑☑☑[ANN][BSD] BitSend -The first Segwit Masternodecoin 0.14.0.5 New Version
any reason why the price is so low only $1.40?
Low supply low market cap will we see a rise soon? it's on big exchanges..
Low supply low market cap will we see a rise soon? it's on big exchanges..
In my world, that price is very high. Good for my portfolio, bad for my masternode prospects. At this rate, I doubt I'll ever be able to fund a masternode. The rising price is a pretty good consolation prize, though.
Not to mention people selling hundred 100s of thousands of coins they bought at 0.005 cents. Basically once the original holders stop selling off and the ones who are buying the market cap worth of volume at $1.00-$2.00 dollars hold then you will see a large price movement. I can see this hitting $5-$10, then repeating the process and so on.
Indeed, it's much like the price action in Bitcoin. Early holders eventually distribute, price corrects downward, new holders accumulate. And the cycle continues. As long as Bitsend remains fundamentally sound, I believe it will outperform Bitcoin and much of the altcoin market over the next year or two.