a success or not, I'd say by 2030. If we haven't started to see results by then, then questions should be asked. In the meantime just relax. None of the above really maters too much.
If you are claiming to be decentralised and without the availability of tradfi metrics such as accounts and regulation, complete transparency is even more important. This isn't just about price. For example in the UK, Companies House has public information on Companies and their shareholders. The underlying cryoto entities may be an LLC or LP in the US but that doesn't tell you anything about who owns what in terms of tokens etc. Share prices are generally based on success and profitably so in a speculative based market, voluntary transparency is important.
We, as speculators/investors or whatever you chose to call us are technically owed nothing though. I'm personally OK with that. 🤷♂️
Yep. Just playing devil's advocate. I do trust Mance and Leemon. As I've said before, at the start of every successful project, larger interests sit with owners and connections. Those large holdings are distributed over time. It's just the way it works. In tradfi and crypto. Just intrigued as to who bins a load of tokens after such massive news.
Get rich quick merchants, who usually end up selling low etc ❤️
True. I guess it's a liquidity thing. When it dries up, these pump and dump merchants can move the price.
Traders, that's who. It's the only way to make money in a bear market
Fair point. Just a lot of it was on the back of incorrect token release info. As I said earlier, some were shorting on a 1.2bn (often some quoting more) from a third party website. That don't sit right with me, which is why I don't understand the lack of a clear revised release schedule by the Foundation.
It was shorted heavily because the pump maxed out and also there was an upcoming token release. Perfect to short. Totally normal. What would you have done? Gone long?
Hypothetic question
I wouldn't do anything. As I said I don't trade. But yeah, of course you would short.
As I said to you. Much of the shorting was based on bullshit around token releases.
It just doesn't matter. I doubt hedera are worried. How does it affect their long term vision or plans?
Shorting was partly based on token release regardless of correct info or not
It's called transparency. They probably don't care at the moment pre regulation. But that sort of thing is more likely to matter post regulation. Depends what you are used to. I've grown up around tradfi. It's a different set of rules. Great to debate but understand we all come from different places and all have different expectations.
Then post regulation you'll have a valid point if its not in place. That is some way off though imo. I'm also from a more traditional investing background. Best not to conflate the two 👍
Yep. Just need patience I guess. As far as a business proposition is concerned, I see parallels with other successful companies in their early stages. That's why I'm invested and whilst price fluctuates wildly, and it's frustrating to see bag values dropping, things can turn quickly in cryoto. From 0.036 to 0.091 in Jan/Feb. From 0.073 to 0.048 now. It happens. For anyone worried about price. Sol went from 47 to around 20 in May 21. Only to ATH at 260 in Nov 21. You can lose and gain in a flash
It should fluctuate at this stage. It's a nascent, loss making company in an unregulated space. It has more parallels to a penny share. Bags will go up and down. But ultimately it doesn't effect anything
Actually, from a firm tradfi/traditional investing point of veiw/mindset, you probably wouldn't touch it with any serious money 😂
Problem is a lot have! Should perhaps have weighted investments more towards Tesla in January!
Nvidia was the one to buy. Perhaps not too late
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