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Serious Discussion: Everything is flying while NKN is dumping. Anonymous Thu Dec 5 03:09:32 2019 No.16468634 [Reply] [Original]

Can anybody on /biz/ tell me why it is that way? I thought this could rise like a phoenix due to it's fundamentals. But nothing. It became a whale P&D coin without the P.
Will this ever change frens?

>>	Anonymous Thu Dec 5 03:13:13 2019 No.16468645 Fundamentally 2-3 Million would be a appropriate evaluation for it's market cap.

>>	Anonymous Thu Dec 5 03:15:30 2019 No.16468660 >>16468645 elaborate.

>>	Anonymous Thu Dec 5 03:21:43 2019 No.16468694 I remember these feels. I no longer own this trash, but I think it's safe to say at this point that this is one of the most disappointing projects in the history of crypto.

>>	Anonymous Thu Dec 5 03:24:50 2019 No.16468712 >>16468660 I'm guessing because EDGE has that marketcap although it already has more products than NKN and enteprise clients. 95% of cryptos are generally overvalued by 10x - 100x for what they actually do.

>>	Anonymous Thu Dec 5 03:53:30 2019 No.16468845 >>16468634 >>16468694 Nothing will change before your weak hands are removed.

>>	Anonymous Thu Dec 5 04:57:21 2019 No.16469152 >>16468845 This. Faggots need to be removed before good times can come.

>>	Anonymous Thu Dec 5 05:22:46 2019 No.16469255 Looked really good on paper, but I stayed away due to all the hype. Not a good time to invest during hype phase. After that it just fizzled out. So what happened? Delays? Revision of promises? Failed tech?

>>	Anonymous Thu Dec 5 05:25:06 2019 No.16469269 Market cap of 73M in summer 2018 was insane.

>>	Anonymous Thu Dec 5 05:51:02 2019 No.16469388 >>16468634 Their mcap seems a bit too high. Projects like MTV has only 2M and at least similar, if not better, team and tech. Not fair value of NKN in real terms, of course, as all quality alt coins are undervalued, but based on relative mcap pricing.

>>	Anonymous Thu Dec 5 06:22:40 2019 No.16469526 >>16469255 None of the above lol. No delays, no revisions, no failed tech. The team are just quiet as they work and people in this market are children with no patience.

>>	Anonymous Thu Dec 5 06:36:30 2019 No.16469577 >>16469526 Interesting. I will look into NKN then. Thanks.

>>	Anonymous Thu Dec 5 07:27:34 2019 No.16469813 >>16468634 nkn took the blue pill and follows bitcoin, this is a persistent game only. if you don't like it, sell nkn and buy other altas

>>	Anonymous Thu Dec 5 07:34:31 2019 No.16469844 File: 239 KB, 1316x887, bagholderbingo.jpg [View same] [iqdb] [saucenao] [google] >>16468845

>>	Anonymous Thu Dec 5 08:09:26 2019 No.16470035 >>16468634 I got CHINKED pretty hard on this one. To answer your question- all crypto is a scam and coins pump only on hype. Technology, adoption, etc is all a meme and has no impact on price.

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