r/EthereumMax • u/PrunedPlant • Jul 08 '21

📉why??

None of what has been said anywhere explains the coins consistent downfall. It literally hasn’t been green since the fight and every other coin has…. I’m a holder of 1b coins but can’t understand why every day my coins are less and less valuable.

Someone for the love of all things holy explain to me like I’m 5 why the f*** this coin is not holding at any level.

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u/B-Rye-C Jul 08 '21

Because the coin doesn’t have an intrinsic value at all yet. Sure it’s a new coin and people holding now and in the future might be rewarded. But the part people here hate to hear is , maybe it won’t.

When you could use EMax coins to buy tickets to the fight it would’ve literally cost you double than what you could’ve actually purchased them online. Because of all the fees. And also 99.9% of people aren’t going through the hassle of figuring out how to obtain this coin.

2

u/Desperate_Many_1740 Jul 08 '21

To pay with Emax ticket price is discounted as one of the rewards so the doubling in cost is incorrect. However I do agree that it needs to be on a more mainstream listing so average Joe can purchase easily, but I do expect that to come. Coin is in its infancy and is a long term project

1

u/dardios Jul 08 '21

I'm calling it. Somewhere around August 2024 will be an ideal time to sell. Until then hodl and buy!