Post
Topic
Board Announcements (Altcoins)
Re: [ANN] CryptogenicBullion (CGB) - Version 2.0 of website launched!
by
Majormax
on 01/11/2013, 00:13:09 UTC
The CGB price has been very low lately, is that only due to high Bitcoin price, because it seems a lot lower that that raise in Bitcoin price should have brought on.

The low price is due IMO to insufficient holders willing to buy more. A very wide adoption is essential : the current larger holders need to be willing to spread the units around to new adopters with the incentive to buy and market more.

The price could fall to a level where a new large buyer is interested, but only if enough stake is available.