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RE: What's the Next Verge? My Speculative Gamble

in #cryptocurrency7 years ago

Interesting video, very simple way to look at it but in this space sometimes under-complexing things can be the best way to look at general trends and possible opportunities for high returns. I think between now and tax time (April) that privacy coins are going to be especially "hot" coins in the market, so overall your outlook is likely quite accurate in general, and the fact that NAV is still at not only a low market cap, but also a low coin cost (few dollars) it many very well see some large moves in the coming months (as not only is privacy coins a big trend right now, but so is low cost coins (cents/dollars) like RDD, SC and alike). I also think you pointed it out correctly that these moves have less to do with logic or reality and more to do with trends and perception, which really is an important point to hit home with in this regard. I may chuck some pocket change at NAV at some point before the New Year for shits-and-giggles.

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Kind of interesting that 'low cost' coins are even a thing given the fact price doesn't mean anything (market cap does), but it's a mistake made over and over in the stock market so I'm not surprised to see it happen in this space as well.