Only that such analysis says nothing about blurt and may sow unnecessary fud.
to better analyze blurt we need to look at how this type of blockchain could be classified. So I think that the closest it can be compared to a joint-stock company that constantly issues more shares than it buys back. What does this mean in practice? When a joint-stock company issues new shares on the classic market, the value of the shares on the stock exchange drops because there are more shares in circulation. How should one assess the state of the company in such a situation? Well, the fact that the share price drops due to the issue does not mean that the company is in a bad situation. The company's situation may be good. Basically, if the company issues a lot of new shares and their price does not drop or remains at a constant level, it means that the company's situation is even very good. And I think that is also the case with blurt. Considering the number of users, large amounts of blurt are still generated at a low price and some still sell blurts for next to nothing, as shown by the new lowest maximum. However, the development of the platform itself is progressing. nalexadre is working on a better registration system, we have blurt media, frontends are also developing. Maybe it's a matter of time how the network will attract the attention of good investors and developers.
and in this way simply these cheaply sold blurts now by people who are here only for profit and pay everything at once, will simply end up in the hands of someone who will manage them more wisely.. that's how it works.
Uh oh, you got confused.
This post is about the price of BLURT, not about "how this type of blockchain could be classified", or nalexadre's efforts, or frontends, or blurtmedia. Maybe you could make a post about those other topics? You've already started on it here.
If price analysis makes you fearful,. I suggest you avoid the topic!
no. what I'm getting at is that price analyses are not worth much. There was already more than one coin whose price analysis would have been good but now it's gone or turned out to be a scam. Or others like Dogecoin which looked like a scam but are now in the top. Market analysis is good for short-term trading. For long-term holding like you do, fundamental analysis of the project is needed. And I suspect that's why you make your posts with charts from time to time because you wonder when your money will go up :P Well, I'll tell you. How instead of analyzing charts, investors will focus on promoting and expanding the project they invested in.