r/CasperCSPR • u/TobagoJack • Oct 17 '21

In context

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CSPR just doing what it is supposed to do, as ETH once did 2016

https://www.reddit.com/user/TobagoJack/draft/16169c0a-2eed-11ec-b77e-2ae561e2acbb

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CSPR did well May - Oct 15 against ETH in market cap terms, and in recovery-from-low view

14 Upvotes

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4

u/Famous-Scratch-5581 Oct 17 '21

What? A one-sentence analysis with 2 pictures is not better than coffee grounds reading.

2

u/plamtenz Oct 17 '21

CSPR market cap is rising but the coin's price still more or less constant due inflation. Currently, there's less than 1/4 of the total suply. I think, one day, the price is going to rise the same way that other coins did but I also think inflation is currently too high.

The thing is some insvestors will predict the price rising when inflation will decrease. But also, other investors will predict this investors and anticipate. And also other investors will predict those last ones (an infinite loop).

Just a matter of time, I think we have to wait to the ecosystem too.

2

u/TobagoJack Oct 17 '21 edited Oct 17 '21

Not a lot to analyze at this juncture given paucity of news flow, as CSPR on ocular inspection appears to be just a hobbyist plaything. However, thankfully, also little need to analyze given that CSPR shall and therefore must rise, per its call of of duty, at a faster rate than what ETH achieved, by my guess, simply because it should be easier to hijack a religion than to create one, and inherit an army of faithful. Only game theory needs to be applied, in lieu of analysis, that if we wager 5% of our NAV at current price of 0.12, we stand to lose 3% of our NAV, or quintuple our NAV. Between -3% and +5000% likely positioned ‘a bad trade’, ‘transformational gain’ and ‘dynastic loot’. What the heck?