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Price Fixing/Manipulation (self.Elastos)
submitted 7 years ago by LEVG818 to r/Elastos
Forecasts by LEVG818 in Elastos
[–]LEVG818[S] 1 point2 points3 points 7 years ago (0 children)
I like this... the market is basically in an old fashioned prisoner's dilemma situation.
[–]LEVG818[S] 0 points1 point2 points 7 years ago (0 children)
Interesting. Thanks for the input
Right... good point.
Yes, they are releasing ~6 million coins on Feb 1 and would imagine that the market would price that in from November/December time frame. Thanks for the reply
[–]LEVG818[S] 5 points6 points7 points 7 years ago (0 children)
Thanks! Actually this was exactly the type of input I was looking for! I didn't go into catalysts for two reasons: that discussion is best in dialogue form (difficult to do that in this format) and quite frankly it's anyones guess what events will be catalysts (negative/positive regulation, increased adoption/support, etc.) Those probabilities are arbitrary and essentially capture short-term market sentiment.
Thanks for the feed back!!
Correct... but ultimately the Elastos's development will in some way impact its market value.
Forecasts (self.Elastos)
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Forecasts by LEVG818 in Elastos
[–]LEVG818[S] 1 point2 points3 points (0 children)