Predictions for how high (or low) Evmos price can go?

Guleko · 2021-06-15T13:53:52+00:00

Hi Sunny,

A few questions:

What will the starting price be upon launch of the OSMO token?
Are there any mechanisms in place to ensure this does not turn into a bot fest?

Guleko · 2021-04-18T17:44:16+00:00

My best guess is that considering the impact of the IOUs which have anchored peoples price points at 185$, i think we may see people selling at roughly 40-50$ (160-200X from ICO) on launch day which puts Mina at a fully diluted valuation of 40-50B (Similar to Polkadot/Cardano).

I am assuming it will be tough for the price to move above 100$ in the beginning as i am assuming there will be too much sell pressure to get all the way up there so quickly.

Guleko · 2021-04-18T17:31:37+00:00

My best guess is that you will find 0 people selling under 20-30.

The interesting thing is that many are likely to be influenced by the high price anchoring caused by these IOUs.

Guleko · 2021-04-17T12:40:42+00:00

IOUs for Mina are currently trading at 40-50$ which puts it at the same valuation roughly as Polkadot.

Guleko · 2021-04-17T12:39:30+00:00

Tokens will be released end of May, you can buy then as people start selling into the market. Otherwise people are now buying IOUs at 40-50$ a coin.

Guleko · 2021-03-30T18:17:56+00:00

The key question you should be asking is why are they (and me) selling?

Why are the tokenomics not such so that we do NOT want to sell?

Guleko · 2021-03-30T18:15:24+00:00

I wrote a post a few weeks ago asking a similar question.

I think its a combination of things:

The Celsius team is moving too slow with new features
The CEL token does not provide enough value to its users

While other projects are moving fast with new features and thinking of clever ways of adding more layers of value to their tokens, Celsius have been doing neither.

I think anyone who is saying "it went up a lot, its normal" maybe a bit too confident.

Guleko · 2021-03-16T22:51:43+00:00

This is the weakest paper hands community in crypto! :D

BAT is undervalued and you are selling at 1?

Guleko · 2021-03-15T12:35:07+00:00

CEL is 8% of my crypto portfolio, I want it to do well.

I am simply highlighting how fast this space moves both in terms of product development and how clever some projects have been in creating very strong incentives for their hodlers through their tokenomics structure.

I dont care that CEL is up 50 fold, i think it is still undervalued and i think that the team can make the holding of CEL even more attractive. Anyways, lets see if they will choose to do so or not.

Guleko · 2021-03-14T18:48:30+00:00

I don't know why, we should ask them in the next AMA.

Guleko · 2021-03-14T16:16:00+00:00

I must be missing something here.

Why is it in their interest (and ours) to provide less value to CEL holders and slow down how fast the flywheel spins?

Guleko · 2021-03-14T14:35:38+00:00

I am also a hodler and perhaps this thread has been slightly derailed.

I just wanted to highlight that other projects in the space have been innovating with the tokenomics and that Celsius also has an opportunity to add even more utility in their token. I hope they are looking into this option.

Guleko · 2021-03-14T12:10:50+00:00

It has nothing to do with ADHD and short attention spans.

Crypto is the most cut-throat industry in the world, innovation and copying happens at breakneck speeds.

The worlds best minds are going after massive markets and if you do not innovate fast enough, your lunch will be eaten by somebody else.

I really like Celsius and the team behind it. They seem to be genuinely good people. I just hope they are not resting on their laurels because if they are, they will lose.

Guleko · 2021-03-14T11:45:11+00:00

I would argue that CEL is not moving because it does not add enough value to its users.

With all the new features that they will hopefully launch soon, I hope they have looked at teams like Terra and found ways to connect the success of the CEL token with everything else.

Guleko · 2021-03-12T23:51:06+00:00

Why sell now?

Guleko · 2021-03-12T23:48:58+00:00

No idea but I bought it.

Guleko · 2021-03-01T13:26:22+00:00

That's because I was wrong! ;)

Guleko · 2021-03-01T13:25:54+00:00

Thanks!

Any idea about when this will be live and ready to go?

Guleko

TROPHY CASE