token users. What effect do token users have on the market?
Simply put: Supply/demand pressure. Usage creates both demand and scarcity.
So far usage is low or big wallets unloaded way more than it ?
No need to overthink this. This is build and early adopt phase. We’ll all know when mass usage kicks in
What you mean no need to overthink it ? You invest into something expecting some results and meanwhile you check if everything going according etc .
*Overthink what might be suppressing price. Can be discussed in lounge, but still not productive since we know everything is rolling out according to plan
I’m not talking about price as much but more for the usage of the token . As the qnt token is said is the basic payment (fiat conversion to qnt token) Clearly is not enough for now to sustain the price as a result of it .
Quantidian explained supply and demand right? Price will follow demand and usage
Honestly I’m just asking if the usage of the qnt token is going according to the team plans . As for the price it’s not
Haha I give up 😂
Thanks for the responses. I've watched Qnt for quite a while now. It's good to find projects who are producing real uses and won't fold at a moments notice. It seems to me that the price issues will be controlled in the short term by what BTC does, just like most of the rest of the market, but that this also has the added possibility of long term price being more influenced by the positive performance of the use of the product.
Man really ? Let me rephrase.Do you know , you as an individual or as a group , if there’s somewhere we could track the usage of the qnt token as the project running ?
Some people follow wallet movements but there's no official way to see who's paying what
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