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Miykael
Jan 4, 2018 1:53 AM

CRYPTOFAIL: STREAMR  Short

Description

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.

Comment

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).

Comment

Sorry comment in wrong coin, meant for SANTIMENT

Comment

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.
Comments
Stoneford
nice cup and handle! Please short it so we have more
clknkeun
LOL please go and tell this to your 3 followers, and stop spamming Data.
Miykael
@clockknock, considering I just got started a couple weeks ago, 3 is pretty good ;) My article, not spamming anyone. Sorry if it doesn't agree with your view but I'm seeking the future washouts now.
Nick3047
Lol that's stupid. Streamr is an awesome project with huge potential!
clknkeun
@Nick3047, totally agreed
SuperMario4
agreed! compare this chart to the SNT Status chart
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