RE: When the market stopped caring about the Bitcoin Scaling Debate.

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When the market stopped caring about the Bitcoin Scaling Debate.

in bitcoin •  7 years ago 

Hard call, coins that have gone up as much as navcoin, they can sit there a while and do nothing... or the rally can continue. So I guess without knowing your mentality and objectives, I can't say whether it is good or bad right now for you.

Near-term NAV could go down significantly, back to 10 cents even perhaps. Yet, the developers are going to keep chugging along with their system updates and improvements. Eventually, that work gets recognized by the market and NAV becomes valued more appropriately, but that process can take 12 months or more.

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