What do you think about UNIVERSAL CURRENCY???
Good Day Everyone!
It's been a long time since I last logged in to my account and I hope everyone is doing fine here in steemit. One of the things that keeps me busy these past weeks is trading bitcoin with cryptopia and coinexchange. It's such a fun ride!!!
While searching for some good coins to buy, I stumbled upon this "UNIT" coin that seems outrageously expensive when it was first traded on cryptopia.
Take a look at this:
It was being sold about "3,000,000" satoshi each! I was so surprised to see the price so I bought some of it...
Now, the price went down to around 2000 - 2500!! I said "What the heck happened!"
I'm sure it's not only me who missed miserably this opportunity ( or big scam to somebody ). So what do you think guys?
Is it time to let go of this coin, or BUY MORE?
Happy Steemit Everyone!! It's nice to be back :)
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What is the use case? Judging from the name, it sounds like they plan to become a universal currency. Even bitcoin is not universally accepted... so what makes UNIT better than bitcoin, or more likely to gain universal acceptance? Do they have a road map?
Without good answers to all of those questions, any speculation is nothing more than gambling on price action.
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