You're speculating on the value of a service. Utility tokens represent the cost of a service, And the cost of the service has been propped up by traders/market-makers who have zero utility for the token/coin. They are hoping some other fool will buy it at a higher price. Majority of the tokens are in the hands of people who have absolutely zero use of them. Fair valuation for majority of the tokens = $0. You cannot write a financial statement on a utility token that has limited to no adoption. Majority of the utitility tokens are in a bubble and can collapse anytime. Ownership of the coin or token doesn't represent ownership (equity) of the technology, licences.
Youre talking to a brick wall, none of these retards want to hear this. They all still think its 2014 and they are going to be millionaires if the hold long enough for the ''next boom'' lmao
William Hughes
yep, you're right but still, this is very complicated sector to understand by other people, because of this it's easy to sell your bags when media hype is on fire and people don't have time to make their own research, when they have to make fast and emotional decisions that's crazy
Ryder Cruz
The idea is that at some point these tokens will become adopted, have real life usage on a grand scale. Then you would be able to sell these tokens to people that want them; the price of a token seems to be irrelevant for its potential utility (whether you buy a pizza for 10K btc or 0.001 btc, it doesn't really matter for the seller or the buyer).
Anthony Young
That’s why my only investment is XRP. Did you see the recent news of MasterCard visa integration and plans of office opening at the Summit? I come from Wallstreet so it made sense as it’s value was in what it could achieve. But obviously I’m seen as a shill circle jerking.
Joshua Rogers
>the cost of the service has been propped up by traders/market-makers Do you know what a market-maker is ? Are you seriously an equity trader ? Are you employed ? How did you fake yourself into this job ? Do you have any basic understanding of economics ? Is finance really full of idiots ?
Jason Adams
You are completely right OP and in a future dystopian world the usefulness of a decentralized currency and computation will be worth more than it is today.Thats why its a no brainer to invest in it.
Jackson Green
>'I come from Wallstreet' >'Wallstreet' the absolute state
Kayden Torres
By that I meant my background and roots of finance started with trading. Options, stocks, even pink sheet crap. Learned about the way markets worked and took several years to absorb some shit like Greeks in options ( theta, Vega, Delta, etc ). I only started getting serious in crypto when I saw how volatile it was. But I was ignorant as volatile values are a bit of a burden on any financial backing as it’s never definitive. This goes for everything even XRP.
Anyway what I meant was that I looked at the choice as most logical to my experience in Wallstreet. XRP isn’t mineable so no reliance on hashing like BTC and ETH is on China, it has the traits of a USD currency with ability of inflation and Deflation along with Quantitative Easing. And it’s not affected by holding more like NANO is with its network relying on big holders to be honest in the network to keep it stable while also having the lack of hidden workings and transparent enough to be a normal currency unlike XMR and any other private focused coin.
Jonathan James
Marking up a price before distribution is incorrect ?
If you think a market maker is a liquidity provider then you're a fucking NPC brainlet. Institutional investors like, hashed, kinetic capital, FBG capital are the fucking market makers in crypto. They are nothing more then whole-saler BUYERS (not investors) who have bought your worthless utility token at 50-60% discount. Launch a media hype campaign. Marked up the price Sold their worthless marked up tokens at premium to idiots like you. What a brainlet.
