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Coss is very undervalued right now.
This is a great opportunity to accumulate at these levels
This is a great opportunity to accumulate at these levels
With current volume and all no it is not.
But if you think what it is promising, if you believe they can achieve what they do yes it is undervalued. The question is, will they?
I believe that in time, they will.
But it's not only up to COSS team. They can only do so much. If the crypto market losses interest, there will be very few exchanges with meaningful volume. But if crypto becomes huge, high-quality exchanges (which I hope COSS will become) will explode.
I do not see COSS going anywhere for at least a year. For me, I do not intend to sell my COSS when it becomes big. I want that passive income. For me, this is a long-term hold coin. At least 2 years before I can reap the benefits.
I don't care if COSS will land in the top 10 exchanges. As long as they have 1bil 24h volume, I will be happy.
And it is in COSS teams interest to make the exchange as successful as possible. I'm pretty sure the team members all own a sizeable amount of COSS tokens. With 1bil volume (half of Binance) 100.000 COSS tokens would give $31.000/month. That's a shitload of money and I'm pretty sure they own a lot more tokens than that.
100.000 COSS tokens is about $25.000. Invest that and if COSS reach 1bil trading volume, you have upper management income in a big company without having to do jack shit except sell a few coins every month.
I agree here, if the volume grows and we are making a good fee split weekly income, in some countries people will be able to live off that income and maybe also us in Europe if our bags are large enough. At the moment though I am trying to trade in the contest but there is some serious wash trading going on with people logging into 2 accounts, which really sux because they are still cheating the system. These peeps have way over passed me and I see their wash trading action right in front of my eyes, so I am not happy about that. Otherwise I really like COSS, but if this type of wash trading is allowed I am going to ask if I can also join in if they are not gonna get penalized lol.
I think I read in the contest rules that wash trading is strictly prohibited. So I guess there's still a chance that they will ban them later.
I am pretty pissed off right now that for three days I am asking those in authority if wash trading between two accounts is allowed or not and want a clear answer. So far my question has been ignored which makes it a grey area as no one is coming out to clearly define this rule. If wash trading is allowed between two accounts, then that is also not fair for those of us who are trying to trade fair but if that's the case, then I will be changing the way I trade also because I am constantly seeing this type of trading non stop and I am really getting browned off that no one is replying to my question from the Top.
So why cry about it to us when you could just wash trade your way back into the competition. I don’t understand the whining.just fight fire with fire
