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@Pentosh1
full time larp
Joined June 2019
887 Following    947.4K Followers
Re: $Pons discussions. Someone sent me this chart asking my thoughts. While it's true that CT tends to extrapolate revenue out waaayyy too far into the future. I do think it has a chance to be sticky. Most the people who are saying that, didn't participate in any upside. At least people are trading a token that has some underlying value. Yes, it's unlikely the revenues will be sustained at that pace. But it doesnt mean it can't go on longer. And it doesnt mean there aren't risks like competitors coming to the chain etc. There are of course a ton of risks. Lots of things trade higher, and they have ZERO value. In general, the market is a giant pendulum that swings to extremes. I for one, am happy for the volatility in general. That's what we are here for. Maybe this time is different, idk. Is it overvalued? Nobody knows. Are they killing it? yes. Will they always? Maybe not. in short, the chart is a good example of the past, but a very limited sample size. I think we will see it swing to extremes each way in terms of over and undervalued. Imo, just enjoy the volatility and make the most of it
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