in the real world this coin just lost 50 % in value,
but we are in disneyland and the price per coin just went up a bit.
Nothing actually happened to the supply, just one website's accounting of it.
It's only half as undervalued as one would have thought by glancing at it on that site, but that still leaves it incredibly undervalued.
I don't understand what you two are saying, could you explain this to me ?
I'm saying his statement would only be true if the supply of coins had actually doubled. Since that did not happen, the value did not change.
What I was saying was that
if you were taking the previous (false) coin supply numbers reported by coinmarketcap at face value, then it would
appear that the coin went down in value. But even if that
were the case, it's still very undervalued.
For example; compare the market cap of ~4M to ZCash's ~400M. Even if you think 1 HUSH is only worth, say, 1/10th what 1 ZEC is worth, then 1 HUSH is still worth 10x its current price, as opposed to the previously perceived 20x.
OK seems rational, at least far more than what i understood. Anyway i agree with you.
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