pricing but overvalued now. Take some profit now cause if not you'll be bagholding. Just friendly advice.
This is what people were saying when Bitcoin was at $10 ... "nice price now, but overvalued, better sell now"
Then when bitcoin was $100 ... "ok now it's REALLY overpriced, sell ASAP $100 is not normal, it will burst anytime"
The point is not that I'm saying price will keep rising, it's just that "it is overpriced" is not a good argument
Overpriced compared to what? The price is a reflection of people's expectations and speculation, that's all
1 - This is not bitcoin.
2 - Unproven
3 - It's overpriced because it's not people buying for the most part, it's whales/bots messing around and making it fly...if it isn't natural, then it's overpriced because it's been "forced" into that valuation...simple. You tell me, will you pay 650k for this or 250k when you know the value SHOULD be 250k (or maybe even less!). You best hope it goes to 1mil sats to make some half-decent profit return, if not you lose. Many we're in since cheaper...remember that.
4 - Regardless such is the game of crypto and alts, crazy.
All your points are moot and invalid but I don't see the point in unpacking them, any intelligent person can do it for themselves. Let's agree to disagree. I don't want to litter the thread with useless discussions that have been regurgitated over and over on Bitcointalk in every altcoin thread. Your idea that there's a "natural" or "real" price is unfounded, a mere presupposition, and has no grounding in economic theory. There is no "real price" - there is no "inherent price" - it's simply a result of the ratio between demand and supply.
Fancy. So easy to state when the "demand" isn't bloody real! lol!Whatever, I myself have been in the coin since 225k so I'm not complaining, but you can be sure you're buying some of my coins at these prices since 500k+. Whatever. May as well hold some since it's being manipulated (key word here) and going up...see how she goes.
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You tell me, will you pay 650k for this or 250k when you know the value SHOULD be 250k (or maybe even less!)
sold quite a stash eh...trying to buy back?
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but you can be sure you're buying some of my coins at these prices since 500k+
there are a 100 BTC orders above 500K.....your sells must have been wiped out
durrr herp derp.
kekekke...
where's 100btc order go? :/
omg i hope it's another bithire.
stop killing people
peace
Twitter was going crazy with this days before launch... Also with the Airdrop etc..
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