CRYPTOFAIL: STREAMR
Updated
BITFINEX:DATUSD
I am now switching tactics to find what I call the CRYPTOFAILS, the ones that were able to ride the wave but should never have been valued at current levels. When the final washout occurs and the bubble has burst the good companies will last. STREAMR is not a concept that has merit to be valued at these levels.
I am now switching tactics to find what I call the CRYPTOFAILS, the ones that were able to ride the wave but should never have been valued at current levels. When the final washout occurs and the bubble has burst the good companies will last. STREAMR is not a concept that has merit to be valued at these levels.
Note
Response to the comments. Compare it to real world stocks, you'll see that it's market value is absurd. If this company was on the stock market... You're putting the hopes in a highly manipulated crypto - thanks to low volume and lack of regulation. At least if there was high investor base, trading consistent high volume, then maybe. The current leaders like coindesk are already doing similar, can copy what they need and create their own coin (which will probably happen).Note
Sorry comment in wrong coin, meant for SANTIMENTNote
But that update still would apply to Streamr. If it was a real world stock, no way would it have this ridiculous valuation. Much better business models out there in this space - IOTA for example.
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