Let's talk about the price!!

The price of smartcash hasn't done a bull run in quite some time. And I hear a lot of people complaining oh why is the price so low, why isn't it going up, etc etc. Like that would have made any difference!!! Most of the smartcash we have are either in nodes or staked for rewards. You wouldn't sell from there now, would you? So even if the price went up to 60, 70, 80.....cents, what difference does it make?

So instead of complaining, those of you who can afford it, start stacking up some smart while it's still cheap. As i said before in a comment, anything below 40 cents is an excellent buy for smartcash (although we did see a recent dip as low as 24 cents!! If you guys stacked up some at that price, Bravo!!).

I believe the price will hover between 30-50 cents for some time before the next time it can move up. It is unlikely to fall too much because many people have already set up their nodes or are staking smart for rewards...so not many are selling. It goes back to what we already know, the farsightedness of the samrtcash team is going to maintain stable price ranges for smart!!

But for the price to go up people needs to start buying more and that tends to happen as the snapshot approaches which is when I think the price will start to go towards the $1 mark or above. Recall that the last time the price boomed crazily also coincided with lot of people having their smart stuck in some exchanges after buying which lead to price shooting as high as above $2.6. That is still too high a price for SMART at this point in time with the market cap we've reached. But smartcash will definitely cross that price as more and more volume keeps coming into smart (Which is why we should be promoting smartcash as much and extensively as possible). Understand it's still very very early days for smartcash, so have a realistic expectation for the price.

So the key is to have patience, HODL and as our good friend @kasou80 says, Smart on!!

Peace!!