Post
Topic
Board Speculation (Altcoins)
Re: Is Gulden a good investment?
by
BioMike
on 27/02/2018, 08:28:19 UTC
You know what will be the most funny thing... when this update is finally released and the price will continue to go down...

That is a possibility, but then the entire crypto market is a sham with it's valuations.

There is a lot of "baked air" in there. Especially with coins that don't have a fiat pairing. Coins that can be bought only by crypto share their value with those other cryptos. They don't add up, like CMC wants you to believe. That's a big major flaw of CMC.

Example, simplified, You buy a BTC for 1 euro (BTC value 1 euro), now you use this BTC to buy one CoinX. CMC will both give 1 euro as value (total market cap is 2), while only 1 euro was actually spend.