Quote from: numanoid on July 05, 2021, 11:44:19 PM

Quote from: RbiggerG on July 05, 2021, 04:36:40 PM

Quote from: numanoid on July 05, 2021, 02:43:02 PM

Quote from: Pierre 2 on July 05, 2021, 01:45:30 PM

After great crash and BNB going down I sold nearly all my CAKE coins. Anyways I love and trust this project. I think 3 digits isn't impossible for this coin. I want to invest in it but I wanna see Bitcoin s price recovering, in other words, bulls to return back.

You are wrong on here. You should sell your coin when it's already on above, not in bottom like now. Why do you need to sell when we are still cheap right now? You have multiple times chance to sell your coin when CAKE was above $40 or you just need to stake your CAKE without selling it

Be careful with saying a coin is cheap.

Almost nobody in this market knows whether the value a coin or token holds is justified. This is just a brand new market and could also be well overheated. If someone shows you some new piece of software than can do a couple of things, how do you even value it? I know you could say the value is what the market attaches to it, but as we have seen in the past the market can sporadically be immensely wrong. I don't think someone makes a false decision selling CAKE now, but it might also not be right. Though if someone says CAKE is cheap now, that sounds as if it were a definite given that it goes up a lot from here. I think it will go up, but I wouldn't say it is cheap because I might very well be wrong with my feeling.

Any price below $100 for each CAKE is considered cheap for me, why i can't say that? This is biggest defi on BSC, why for $13 only are you saying this is too high? Compare it with ETH, which more more expensive than CAKE.

You should see the stats of BSC compared ETH right now, do you still think CAKE won't be on top 10 coins later?

You have chance to sell on $40 but you are prefer to sell it on current price, which is $13, where is your logic?

Please be so kind and do me a favor and don't put words in my mouth. I never said it is too high, but I also never said it is too low. What I really said is that it's incredibly difficult to assess any asset in the crypto market as precisely as we can sometimes do with stocks. We can apply discounted cash flow models. Did you ever do that to Pancakeswap? Is it even perfectly suitable to do that?

Oh I am optimistic for CAKE, no doubt about that. It sometimes is just difficult to apply any specific scale to crypto assets yet and see where a coin should fit in. For us Coinmarketcap is the ultimate scale! Cheesy

It has always been. We look at a coin and say that one should be top ten. What are the top ten worth? Alright then this one should be worth $100.