Let's talk about the price!!

in #smartcash7 years ago

The price of smartcash hasn't done a bull run in quite some time. And I hear a lot of people complaining oh why is the price so low, why isn't it going up, etc etc. Like that would have made any difference!!! Most of the smartcash we have are either in nodes or staked for rewards. You wouldn't sell from there now, would you? So even if the price went up to 60, 70, 80.....cents, what difference does it make?

So instead of complaining, those of you who can afford it, start stacking up some smart while it's still cheap. As i said before in a comment, anything below 40 cents is an excellent buy for smartcash (although we did see a recent dip as low as 24 cents!! If you guys stacked up some at that price, Bravo!!).

I believe the price will hover between 30-50 cents for some time before the next time it can move up. It is unlikely to fall too much because many people have already set up their nodes or are staking smart for rewards...so not many are selling. It goes back to what we already know, the farsightedness of the samrtcash team is going to maintain stable price ranges for smart!!

But for the price to go up people needs to start buying more and that tends to happen as the snapshot approaches which is when I think the price will start to go towards the $1 mark or above. Recall that the last time the price boomed crazily also coincided with lot of people having their smart stuck in some exchanges after buying which lead to price shooting as high as above $2.6. That is still too high a price for SMART at this point in time with the market cap we've reached. But smartcash will definitely cross that price as more and more volume keeps coming into smart (Which is why we should be promoting smartcash as much and extensively as possible). Understand it's still very very early days for smartcash, so have a realistic expectation for the price.

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So the key is to have patience, HODL and as our good friend @kasou80 says, Smart on!!

Peace!!

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Σ$$$ Tipped @simplifylife Σ10 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.251 USD per SMART. Current value of the tip is $2.51 USD. To find out more about SmartCash, please visit https://smartcash.cc.

I quite enjoy the 30-50cent range. It's a great time for accumulation for SmartRewards and SmartNodes. It seems there is usually a small dip after the 25th of each month due to people cashing out some SmartRewards. I think we will see a huge price rise as the demand for SmartNodes increases. The majority of the crypto community is still unaware that SmartCash has masternodes now. Whenever we get listed on masternodes.pro and masternodes.online, a flood of people will be buying 10k smartcash to setup nodes.

I totally agree with you there. Smartcash is still in it's very early days!! Hoping for wonderful things to happen as time goes by!!

Yeah I' agree with you on this one. Although it was nice seeing $2.00 - $3.00 I believe the current price point is good for the network and better serves the community.

Yep, totally!! Gradual rise is always better for the long term.

I have not invested in smartcash yet but have been reading up on it and think I will as soon as I the market takes an upswing and I have some BTC so spare!

Awesome!! Keep a close eye on the price then :) Best to get at least 1000 so that you can be eligible for smart rewards and if you can afford it, get like 10,000 and set up a master node!!

I'm not expecting the price to move up any time soon but I'm definitely bullish for the long term.

Yeah I'd rather have a slow, sustainable increase in price. Look at bitcoin for god's sake!! Went upto almost 20k from around 3-4k in like 2 months or something and now it's going all bananas!!

I am only start to sell some of my holdings when people and spectator around us become greedy and infected with FOMO virus. Surely, it's will surge to $10.00

As for me, I will sell some if the price hits above $2.5 and then buy more price the price falls back. That's the only way I can see at the moment to increase my smart to inch towards a master node.

Clever! Yes, it help you grow ahead.

BTC is also not helping the price of smart to move up into the right direction. It is dragging the whole market down.

Man the market really needs to be unpegged from BTC, but unless cryptocurrencies are widely accepted all over the world "legally," it's hard to see that happen with bitcoin being the big daddy an all!!

You have Σ305.99 SMART (unconfirmed: Σ0 SMART).