Is It Crypto Revolution or Cryptomania?
$100 converted to $1.6M in just 10 months
Dear Friends
Yesterday I was doing some research on crypto prices and stunned by the following statistics for an altcoin named Verge. I wanted to share it with you.
I noticed that $100 invested in Verge coin in March 2017 had grown to $1.6million just with in 10 months. I got the following screenshots of price action and done easy calculations on these charts
What do you call it?
A Revolution
A Mania
Or Both
Or Something else?
For me its both first a revolution followed by mania. But whatever you call it, one thing is certain that we are living through unprecedented times of human history.
Please share your views and consider resteeming if you like my post!
Paji! thats a power of ur math in crypto world, really an awesome gain.
Please visit my blog also as its been while since ur footprints on it.
Thanks for stopping by dear brother. This is really unprecedented time in the history. Crazy!
Paji u should also do some crypto investment and recover rather gain all ur lost investment
can look at siacoin and digibyte....
I am thinking of it, thanks for the picks Jimmy!
I guess I picked the wrong horse to bet on. Bought $100 of ATBcoin a few months ago and now it's half the price. I think the price is down because the ICO went bad and half of the coins weren't sold. The future? I don't know. You win some you lose some.
Yes my dear friend @pompe72 we all lose at one point and gain at another in life but some of us have more losses than gains or vice versa. We can't predict the future and only make our decisions based on our past and present knowledge. Thanks a lot for your comment "A different Way This Time!"
Its crazy what the value of some of these crap coins, penny stocks, has done.
I guess you can call it simply: “The Dump of Toilet-Currencies” ;)
Heheee..! A number of them are popping up by each minute and some of them are making fortunes.
I dont think Im qualified to give more than my 2 cents worth of opinion...yet for some f the coins with no network it seems to be mania...However I believe Steem is different. The site has some intrinsic value, much like Facebook does.
Yes dear brother Steem is really different and my strong belief is that it will be one of the survivors in the long term. A lot of effort is needed to earn it.