Topic: WARNING - Dumb speculation mistake in all coins - page 2. (Read 1526 times)
Nobody has answer because this makes you realize in what kind of deal you re seating right now.I wish everyone would know this, so they will buy the shit out of this and price would double every day
Thinking that these coins are 'stocks' is a dumb mistake. The market cap speculation is not valid in this market because you don't need to calculate a "company valuation'". You don't have to compare a 'market value' with a 'book value" because it is not a company. Therefore, any coin can be worth even 1 million (regardless of supply) if people are willing to buy it at that price. There is no intrinsic value and that is why any price will be valid.
The following is an example of dumb statement:....BTC or ETH (or whatever) will never be $500'000 because the market cap will be..........bla bla bla bla yadda yadda yadda.
...so what??. It can be worth 5 million dollars a coin and what? There is no book value of a company. A coin market cap is not tied to anything. WAKE UP. This is the main reason any of these coins can go to 1 million or whatever number at ANY TIME
The following is an example of dumb statement:....BTC or ETH (or whatever) will never be $500'000 because the market cap will be..........bla bla bla bla yadda yadda yadda.
...so what??. It can be worth 5 million dollars a coin and what? There is no book value of a company. A coin market cap is not tied to anything. WAKE UP. This is the main reason any of these coins can go to 1 million or whatever number at ANY TIME
Jump to: