Did we find the real POB price? 1/4 of a dollar?

in Proof of Brain2 months ago

Since May 5th I started making a spreadsheet with my crypto savings.

Then I wrote down the balance I had at 11:59 pm each day, and the dollar quote of each currency.

That way I could better control my money, and know where it's going up and where it's going down so I can better allocate resources.

This helped me not to have anxiety about which currency to invest or which currency to withdraw.

So today, 3 months later, I decided to do a POB price analysis over the past 3 months.

As we can see, since the 19th of June the price has been fluctuating between $0.20 and $0.30.

I have already accepted that this is the price margin that the POB will fluctuate while in inertia, that is, no other functionality for the network or announcements appear.

Some turbulent seas that we experienced months ago are no longer in evidence and the POB is maintaining a neutral routine from my point of view, without many misunderstandings and without much progress, I believe the price is reflected in that too.

I believe that people are in the accumulation phase, given the perspective of a scenario like 2013 and 2017 for 2021, thus, betting on the rise of bitcoin and, consequently, of alts at some point between the months of November and March.

After the accumulation period, I bet the POB can easily go back to a $0.50 parameter pulled by the Hive rally.

Take a look at the HIVE:POB quote, it's really interesting to know if you're getting more or less HIVE, but there's also the dollarized look, so we can know when to diversify our assets.

I don't see moments for panic, nor for euphoria, I see for a few more weeks the POB continuing to walk by these values, while new whales will continue to buy at a price close to 0.6 HIVE/POB and then they can also be whales around here.

Below is a table with each date and the dollar price for the date.

DATAPRICE
23:59 - 05/050,584
23:59 - 06/050,454
23:59 - 07/050,687
23:59 - 08/050,692
23:59 - 09/050,685
23:59 - 10/050,629
23:59 - 11/050,792
23:00 - 12/050,663
23:59 - 13/050,765
23:59 - 14/050,79
22:45 - 15/050,64
23:59 - 16/050,764
23:59 - 17/050,642
23:59 - 18/050,557
22:15 - 19/050,624
23:59 - 20/050,713
23:59 - 21/050,684
22:50 - 22/050,582
23:59 - 23/050,486
22:15 - 24/050,702
23:59 - 25/050,541
23:59 - 26/050,637
23:59 - 27/050,765
23:54 - 28/050,627
21:21 - 29/050,719
23:59 - 30/050,913
23:59 - 31/050,84
23:59 - 01/060,725
23:59 - 02/060,712
23:59 - 03/060,735
23:59 - 04/060,718
23:59 - 05/060,704
23:59 - 06/060,714
23:59 - 07/060,63
23:59 - 08/060,61
23:59 - 09/060,694
23:59 - 10/060,66
23:59 - 12/060,611
23:59 - 13/060,638
17:17 - 14/060,664
23:59 - 15/060,595
23:59 - 16/060,556
21:41 - 17/060,535
23:59 - 18/060,384
23:59 - 19/060,292
23:59 - 20/060,252
23:59 - 21/060,262
18:28 - 22/060,292
23:59 - 23/060,269
23:59 - 24/060,251
23:59 - 25/060,229
23:59 - 26/060,221
23:59 - 27/060,224
23:59 - 28/060,266
23:59 - 29/060,234
23:59 - 30/060,193
23:59 - 01/070,228
23:59 - 02/070,261
23:59 - 03/070,205
23:59 - 04/070,216
23:59 - 05/070,253
23:59 - 06/070,262
23:59 - 07/070,258
23:59 - 08/070,34
23:59 - 09/070,281
23:59 - 10/070,287
20:31 - 11/070,265
23:59 - 12/070,293
23:59 - 13/070,223
18:54 - 14/070,242
23:59 - 15/070,214
23:59 - 16/070,19
23:59 - 17/070,183
23:59 - 18/070,157
23:59 - 19/070,119
23:59 - 20/070,152
23:59 - 21/070,173
23:59 - 22/070,18
23:59 - 23/070,185
23:59 - 24/070,18
23:59 - 25/070,225
23:59 - 26/070,224
23:59 - 27/070,244
23:59 - 28/070,276
23:59 - 29/070,339
23:59 - 30/070,285
23:59 - 31/070,268
23:59 - 01/080,261
23:59 - 02/080,272
23:59 - 03/080,245
23:59 - 04/080,187
20:32 - 05/080,191

Posted via proofofbrain.io

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This crypto market is so damn volatile, the prices fluctuate like anything. It's best not to look at the prices so closely (it's great that you do but then don't get disappointed). Just keep working hard and wait for the right time to come.


Posted via proofofbrain.io

I pray you should be wrong in saying that this is the range of PoB. It should be actually much above these levels. At these levels the activity has become lacklusture

The limited supply of pob does help it to maintain its price compared to other hive engine coins.

Cryptocurrencies have no boundaries; as you may know, Bitcoin's worth once exceeded $60000, and it is presently rising again. I believe POB has a bright future, and its value may reach $1 in the near future based on the crypto market.
Anyway, thanks for making the effort to keep us informed!


Posted via proofofbrain.io

Good analysis. I agree with you. I think it will hold this level for the moment, but it should rally alongside other alts on a bull run

Posted Using LeoFinance Beta

Wow this is an absolute tracking and record keeping. This is good to see. The development in the chart as well as the down casting shows how the POB market is staying relevant.

This is a 4month tracking record of your crypto analytic trading, may I even ask, how are you gathering the energy to forge further? cos this ain't a child's play at all.

Allocating resources also will be a huge challenge for me, if I get to your crypto level, because I really wonder how you can manage to allocate your resources and understanding the currency to key into and the the right currency to withdraw from. This must be some huge investment calculation and thinking through. I might ask, are you doing the allocation manually or are you using a computational approach or application? because I know how tricky and complex this can be.

Also You made mention about the sea turbulence of the previous periods pob maintained is regular routine, are you now saying we are likely seeing upward movement and growths, more like its value won't be dropping at least not any time soon?

I will be so pleased to know, now I see why crypto is the future and as a newbie following the right people like @vempromundo and a few more people in this community should guarantee me the ladder and steps I need to maximize my outputs and inputs because I am not even in a hurry to assume my accumulation stage. 😂 . I await your kind response.


Posted via proofofbrain.io

Congratulations @vempromundo! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You published more than 350 posts.
Your next target is to reach 400 posts.

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If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Check out the last post from @hivebuzz:

Feedback from the August 1st Hive Power Up Day

Bom, eu falei várias vezes que o preço alto era mera especulação. Compras altas no mercado e só. Mas era um sucesso a tribo, porém, enquanto não tivesse projetos, desenvolvimentos e casos de uso real para tudo isso o preço iria corrigir para o seu valor "real". E ainda acredito que só está esse valor porque ainda tem gente comprando. Quando acabar o interesse em continuar sem projetos aqui o preço vai acabar...

Development progress is very important to lift up the price. When the developers announce actively the progress of the project, all users will amplify the progress then will attract more investors to buy POB. I hope there will be whitepaper of POB soon.


Posted via proofofbrain.io

The second Hive pumps, all bets are off.


Posted via proofofbrain.io