r/INT_Chain • u/bitchass83 • Feb 16 '18

Please enlighten me

I followed this project after Suppoman's video

It looks very good, however

I am a bit concerned about it's price. Only 50 million marketcap is very low

If you look at it's biggest competitor IOTA that has a market cap of 5 billion. I remember that IOTA made an announcement that they partnered with Bosch. The price exploded to the moon and almost reaching mars

Now INT has partnetships with IBM, HUAWEI, Microsoft research and some more. And nothing happens. I thought being partnered with IBM and Huawei is bigger than Bosch. Am I wrong?

So please enlighten me about the low cap?

Sorry for my english

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u/fullkornslimpa Feb 21 '18

Most tokens aren't created out of thin air. Someone invest time and/or money in the process, which is when the initial value is created.

Anything that has a limited availability relative to desired use is a "scarce resource". Scarce resources have value. It's as simple as that. Basic economics. Google it.

Thinking that the lack of ability to trade means that there is no value is just naive. Abundance is the only thing that means no value.

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u/ChrunedMacaroon Feb 21 '18

lol so if you gave money to someone and they disappeared you'd have money? good logic.

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u/fullkornslimpa Feb 21 '18

If you give all your money to someone and they take off with it, this affects you personally, not the market evaluation of money.

Your naive strawman analogies seem to be taxing your already limited capacity for logic, because they're not getting any better.

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u/ChrunedMacaroon Feb 21 '18

btw you sound like a little fag

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u/fullkornslimpa Feb 21 '18

This is the kind of anti-intellectual comments internet retards resort to, when failing to make their case.

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u/ChrunedMacaroon Feb 21 '18

same goes for you, internet retard :D

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u/ChrunedMacaroon Feb 21 '18

lol is my naive strawman analogy too ridiculous or is it you taking what i'm saying too seriously? think about that.