/biz/ - Business & Finance

>>17207488
I agree with you, but you have to look at this market and factor in that it’s irrational. As far as I’m concerned a “working product” has never done much for the price of a coin/token. If anything, BAT shows how it’s been a detriment because then the team is showing their cards.

I hope the crypto market matures into something where real, useful working products that anyone can download, use and benefit from start having positive effects on price. So far I view BTC and ETH as examples where utility has had positive effects (over long periods of time, coupled with insane speculation), but other than that, let’s face it — most of the crypto market is bullshit vaporware pump & dump ponzis promising insane use cases, but never delivering. Pumps become based off nonsensical, nebulous good news like fucking partnerships.

People are stupid to sell BAT now and give up on the project, agreed, but their hopes and analysis has been rejected in favor of vaporware pumps. BAT’s price action for the last 2 years is enough to drive anyone away from viewing it as a successful investment.