/biz/ - Business & Finance

[Anonymous No.4736222]

When the fuck will this shit reach $20

[Anonymous No.4736258]

>>4736222
It won't. That was a meme.
Remeber most ICO investors bought at .20cents or so
Remember $20 would put the total supply at 2.4BILLION dollars, not of a company or asset, but of a token with no other use than to pay fees.

Yeah, no.
It won't ever even go up to $20 as fees will be overpriced and the reduction will just make it a viable platform.

t. "I bought >1000 at $1"

[Anonymous No.4736276]

>>4736258
shit FUD

[Anonymous No.4736283]

Needs more Salty Boiis.

[Anonymous No.4736316]

>>4736276
Clearly you know nothing about business.
The way you get people to use something is to make them feel it's cheap.
"Ahahahhaha I get 50% off the fees by just buying salt token for $12.50 this is CHEAP."

Velocity of money alone dictates this token likely will never even breach $12.50 or even $10 for multiple years; and even then it's questionable as I doubt literally a million people or more will be actively getting large loans from them.

[Anonymous No.4736393]

>>4736316
at this rate it could easily breach that by EOY

[Anonymous No.4736431]

>>4736316
Lets say you are correct, are you really using a realistic evaluation for crypto? All that matters is that people think the price is undervalued for the retail price of $25 plus a finished product. Look at all the shitcoins above its marketcap.

[Anonymous No.4736512]

>>4736393
>At this rate
And at this rate I could put $100 into bitconnect today and in 6 years have about 300Billion dollars.
At this rate bitcoin will be worth 3Billion each in 5 years.

That's not an argument, brainlet.

>>4736431
The thing is nobody with actual money believes it's undervalued and will only buy in to dump the bags a little higher if they see the chance.

OMG is expected to have 200B tx volume minimum on launch in June, already with it's existing partnerships.
That equates to $80-200/coin valuation on launch based on a conservative 4-5% dividend yield from a very low 0.5% tx fee from the network.
That's not including it being a "growth" investment either which would pump it further.

That's real tangible money deposited in your account for processing tx.
Salt is a dream and a promise and generates nothing. It's hardly undervalued, especially compared to other cryptos like omisego, kyber, monero, factom...

[Anonymous No.4736577]

>>4736512
>The thing is nobody with actual money believes it is undervalued
Now where did you pull this from? Your ass? Kek.

>Shilling OMG
Im not going to buy that shit until q1 2018. Literally no product yet and even the biggest news hardly pump it anymore. Jun overused the partnership meme.

[Anonymous No.4736616]

>>4736577
>Now where did you pull this from?
None of the trading groups or big money groups I'm in have spoken of it seriously since it's ICO.
Only /biz/ speaks of it.

>>4736577
>even the biggest news hardly pump it anymore.
Have you never been through a market cycle before?
That's a good sign.

I bet you'll fomo into it at $18-24 soon enough.

[Anonymous No.4736636]

>>4736616
>trading groups big money groups
Dont tell me you fucking paid to get in those discord groups...

[Anonymous No.4736662]

>>4736636
>paying
If you're not being scammed and aren't a useful puppet it doesn't cost money to be in such groups. You're invited from being active and beneficial to certain communities they're a part of.

[Anonymous No.4736730]

>>4736662
Your discord group is probably the same people spreading a China government contract with OMG in biz huh?

[Anonymous No.4736840]

>>4736258
Hey guy who don't know shit... I am tier 1 investor, the 1.50 tier. Tier 0, or the .25 cent tier you speak of didn't get to that many people.... 25 will be tough for awhile, but 15 in Dec is my expectation

[Anonymous No.4736858]

>>4736222

Never, you might as well buy QASH