Quote from: gentil on May 24, 2017, 07:29:02 PM

Quote from: missmarvel on May 24, 2017, 03:26:12 PM

Ok I get it. Does Golos have any plans for an English interface?

If you don't speak Russian you can't exactly do any research on it as the website is all written in Russian. Its probably discouraging people from putting any money into it

No it doesn't have an English interface. If it did it would be called Steem and have a market cap of $300+ million Cheesy

Thats why I believe its so undervalued.

Look at the ratio of trading volume to market cap for Golos - screenshot http://prntscr.com/fbohsf

Its only doing $45,000 of volume, but has a current market cap of $10.7 million. That tells you that people holding Golos aren't selling - hence why its up 22% today.

Then look at of the large market cap coins like monero http://prntscr.com/fboj75

Its gained 17% today, but that gain required $90 million in trading volume, and the market cap is $800 million odd. So its trading volume was over 10% of its market cap, but still only gained 17%. That shows that there were a lot of people holding Monero that wanted to sell - ie a lack of confidence in it.

Golos is up 22% despite its trading volume being less than 1% of its market cap. Which shows people holding Golos don't want to sell. And if people don't want to sell, prices increase.

I'm more convinced than ever I made the right move selling every all my other alts and holding only Golos

I heard that the Monero pump a few days ago was the result of some kind of false announcement that Fluffy from Monero made. Its annoyed a lot of people in the Monero community. Apparently he did it as a joke but when people have a lot of money on the line its less funny Sad

Anyway I see your point about Golos trading volumes

missmarvel

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