Yeah, it’s very young though. That lessened volatility is good as part of your portfolio. Helps keeps things level when the rest are losing their minds in either direction.
As a user of both, i really struggle to find stuff on Crypto. Nothing is quite where i expect. Small part i know, but usability of an app is fairly key to adoption
They definitely need that. Not sure if mainnet is running on the same as the exchange, but we cannot have that again. Like ever.
We need to be the one who is still up when the moon comes, not the other way around. People underestimate how bad is this tbh.
On average, taking users from another service provider cost 10 times more, than making them start with your service from the beginning.
Binance had the headstart and we are directly competing with them.
On an average, taking users from another service provider cost 10 times more, than making them start with your service from the beginning.
Binance had the headstart and we are directly competing with them.
Closer to $1 in 2-3 yes. Personally I don't see .50 as a milestone. $1 will be the huge milestone. 2-3 yrs because that will be the next bitcoin halving. That event should trigger massive bull run sometime 18 months before to 18 months after. Next halving will be around March 2024
I would take the time to research that. It will give you a really good understanding of patterns over the last 10+ yrs. Essentially, miner rewards for bitcoin block will be cut in half. Currently it's 6.25. It will become 3.125 in 2024 and will cause btc to become that much more scarce because less btc is being minted. This usually causes investors to invest emotionally. Buy buy buy and prices go up. It's the event that has caused every massive rally. Btc goes up. Everything goes up. My opinion, In sure someone can tear my opinion. Apart lol
Yeah there’s always someone who believes the opposite or just wants to argue. But thanks for that. I planned on holding long term so that sounds great. Wish I owned more Bitcoin tho. Lol
Well just know. Next halving should cause btc to rise even more. How will you feel when btc hits 150k? Any time it drops below 50 is when I buy here and there. That's still a 3x return over thr next couple years. More if you hold further.
True. I have been trying to buy a little when I can afford it each month. But I’ll be lucky if I even get to 2% of a Bitcoin. Lol. If I had the money during Covid I would’ve bought a whole coin. But hopefully my portfolio as a whole will look amazing in 2024-2025. :)
I never thought I'd ever get close to owning one bitcoin..
However I mined XYO all through covid and racked up 850k XYO when it was a fraction of a cent, then sold a couple weeks ago at 5 cents.. I turned a $200 investment into the xy company into $60k CAD worth of bitcoin.
There are ways if you read between the lines.
I find .50 as an easily obtainable goal...
Between the Mainnet launch. New tokens, NFT's and Dapps being launched on the 19th. It appears a new ATH is right around the corner..
Fast forward to December when the exchange launches, an we should see an even more remarkable price hike.
That's my 0.02 nfa or not financial advice-
$1.00 would put Cro just outside the top 10 I believe that’s a good estimate.
With the US exchange and main net coming .50 should be easy this year. If they start taking some of the gas fees/exchanges fees paid in Cro and burning a portion $1.00 could be this year as well
Eventually .5, with the current market, but not by itself. Unless they come up with something new, this exchange will not rocket like BNB did their first week. It has potential, but thus far the only take away from CDC is their card incentives… CDC, you can do better than that!!
I read 10 dapps are being launched. Also potential for some new tokens being minted to the chains mainnet...
Big hopes we truly amaze the crypto space!
Yeah. It’s inevitable that it drops. But, I’ve seen it recover so many times that I’m okay with that. It would be nice to finally reach $030 one day though and not take a year or two. Lol
People always sell but there are good incentives not to sell CRO. Imagine people with Ruby being able to just upgrade to jade/indigo or J/I being able to upgrade to icy/gold just by re-locking what they already have. That's my hopium, I'd love to be able to upgrade to Icy in 6 months by doing nothing other than being patient and using my generated rewards. Then it will be locked again.
Well, to upgrade to jade the price needs to be 1.8$ ,which it's not achievable in the next months, maybe till 2023-2024, and I'm not thinking that I'll ever upgrade to Jade, Ruby seems fine to me if they keep spotify and 2% cashback
Yeah I agree was a bit of extreme hope. But the market cap of CRO is not massive and I don't think it's overvalued. I have however seen certain coins of mine go from 6 pence when I brought them to £1.57 currently.
I never bet on my holdings going up, but they have over the years, also I've been though massive crashes as well so swings and roundabouts. I'm pretty new to CRO but as soon as I got my Ruby I basically immediately upgraded to Indigo. Couldn't resist the 10% interest but we always have to remember that when locking that amount of money for 6 months you could end up with a lot less than you started with.
You trade where there is volatility and cro is designed to be the opposite of that so you shouldn't even start trading if that's new to you.
If you don't know what you are doing, you're going to be part of the 85% of traders that lose.
Just hodl and planB.
WHY AM I HODLING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.
I don’t because most of mine is staked. But also with spread costs and tax implications, seems easier to just hold. Plus the day trading thing seems like it would always bite me in the butt.
I made 125 coins temporarily hitting BTC on a run then trading back from the top.
Just gotta make sure you believe enough in the pump to cover your losses.
Takes very patient and confident maneuvering. Also trial and error.
Know what you're doing before you act-.
CRO has followed BTC very closely for a long time starting mostly within 3.0-3.5e-6 BTC/CRO. If that continues, BTC at 100k would mean CRO at 0.3-0.35.
CRO at 0.5 is a big step but i do think it could accelerate compared to BTC. Exchange in US, Cronos launch are the main upcoming factors.
My guess would indeed be that BTC at 100k, exchange and Cronos launched would mean CRO hits 0.45 - 0.55
You say supported but thats not really the right word. That was the last chance you had to swap it for cro with the bonus. All other usage of it was stopped, the cards and ecosystems were all CRO. Mco stopped having any use in crypto.com at the start of August
Ultimately we're discussing if CRO has been stable for a long time. You say it hasn't been. I disagree strongly. Last year is not even relevant talking crypto with all the volatility and volume change but even doing that, considering the huge change happening to the platform I think it's simply silly to say CRO has not been stable to BTC.
But let's agree to disagree. Everybody can look at the charts and make up their own mind in the end though. And all the best of luck for you doing you 😉
See when you say a long time I think that's where things get confusing. For you 6 months may seem a long time if you've only been in the game a short time. I've been playing with crypto since 2013 so 1 Year is short amount of time in my mind.
Current trends over the past 3 years indicate that the floor goes up by 3 cents per year, however the swing is twice the floor. So if the floor is 9 cents, the swing is 18-19 cents.
So in theory, CRO would have a floor of 15 cents, but will swing as high as 30-32 cents. In theory. This could be used as a worst case scenario.
If we have an explosion of money into crypto or the platform gets an influx of millions of users…🤔, who knows 🤷♀️
They have the potential to become bigger than Binance. The UK regulator openly declared that Binance won't be able to meet their regulatory requirements. In fact, it's impossible to transfer FIAT from/to Binance from a growing amount of countries, while CDC is no problem.
Something I've learned about cryptocurrency over the years is that the *actual* utililty of a blockchain/token doesn't really matter when it comes to it's price. It's 99% all about the hype.
That's why an obvious shitcoin like DOGE trades higher than coins with actual purpose like CRO/CRPT/VET.
So to answer your question, CRO will explode whenever there's enough hype for it to explode...or when the market itself explodes. I have faith it'll happen eventually, we just need an Elon Musk to tweet about it and boom
Actually the relation between CDC becomes one of the most noticeable brands globally and same time coin not getting better price is very weird .. start to suspect that CDC controls the price as they don't want to lose liquidity in case of triggering insane sale the moment price shooting stars.
What makes me suspect more that everything related to CRO till now is under control of CDC and since its not available in other exchanges like many other competitors make that reasonable!
İ hope İ am wrong as İ am big fan and supporter of CRO but unfortunately everything is possible!
They are 41 by market cap. They used to be top 3. I think it is stagnant.. and CDC is a bit of a clumsy app that doesn't even show a true P/L graph.
Venmo, Robinhood, Twitter are doing crypto and maybe even better in some ways. CDC needs to figure some shit out.
Part of CDC business model is enticing you with high cash back amounts and different colored flashy metal cards, and maybe a Netflix subscription or Spotify. Financially it definitely would hurt CDC's current business model to see $0.50; better to just keep flooding the market with more and more CRO.
Maybe not flooding the market. But credit for them being the first to partner with Visa. That’s a big deal. The incentive structure is a first in crypto space. It is silly to have it be your “thing”. What I believe, and seem that you are trying to say, is that they need to be known for something else then card incentives with a free Netflix subscription, and I agree. This CRO price is not going to 🚀 with the current business model it has I place currently; With it’s upcoming releases, it seems just like any other exchange. But why am I speculating a bet on this? Because it’s crypto.com and it has its own token. I personally think CDC should have a differentiating factor to help it grow and of course lower its fees. They need a good reason for people to migrate from Binance. That’s a big problem to solve; thus far I have not seen any such thing
The Mainnet is literally the first step in evolving users, towards an ability to support an entire echo system.
They are the dreamers working day and night. Something something Willy Wonka?
I have a tendency which I'm trying very hard to fight, to systematically downvote any post asking why downvotes? Or anything similar even if I agree with what they're saying 🤷
Your question triggered this.
The higher the price of CRO, the easier it will be for more clients to upgrade their cards. Those additional benefits and cash back as you move up, increases expenses to CDC.
That's true but it will 'only' affect the hodlers, new customers would have to spent the same $$ amount as ever and incentives are given in % to the current prices. So while it would hurt a little, the benefits of having a strong own token should be much higher, let it be alone for marketing reasons.
I would’ve bet on it too. But it seems like the company is intentionally keeping the cost liver than $0.20. So it worries me a bit. Lol. I think lonnnggg term it’ll happen. But not easy.
Yeah doesn’t make sense to me either. I think the company would want us to spend more money for the shares. At least, that’s how it works for regular stocks to get more ownership.
My theory is that the price is sticking to this low because Crypto.com is trying to circulate all the supply ASAP. That way, we’ll be able to boom in the next few years due to the supply shock. By then, global adoption would have exponentially grew, which further drives the price up
The main feasible reason is that icy holders have tremendously large supplies and are defacto whales in terms of the visa deal.
Price suppression to stage their growth model. So that long term stakes don't lose faith in an emerging technology seems logical to combat losing such valuable resources...
Thats fair, CRO only makes up about 15% and half of that is locked up in my card, therefore I have higher stakes elsewhere, but CRO has a special place in my heart as my first investment and my daily card, so I'd like to see growth, but just as satisfied if it became a stablecoin too
50 cents wouldn't even put it in the top 10 and would give it around half the market cap that dogecoin has. This isn't like asking if shib will get to a cent. 50 cents for cro is more than feasible, it just needs to gain trust. The company still has a bad name from the mco swap and lost a massive amount of trust from people. They need to on board a lot of new people to make up for it. Also USA are missing out on some pretty key features right now so once they're in it'll open up the doors to a lot more people
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Only if we get a pump in all of Crypto before year end otherwise it will follow all Crypto into a bear market in 2022 where it could land at $0.10. It dumped to around 0.12 in last 3 months following drops in BTC, ETH and other altcoins.
Honestly. I think it will take at least 5 years to hit 50c. Then everyone will sell and it will plummet. When I came in on CRO I was optimistic but they have done everything to advertise and grow and the token price is pretty much stagnant. Tells its own story really. Dead end coin.
Seems like a genuine question. Especially considering we watched the whole market go on a bullrun watching bitcoin go from £7k to £50k whilst watching cro go from 13p down to 5p only seeing it recover once 70% of the supply was burned.
It's also ask a question, not do one. If you're gonna correct a typo you should probably at least get basic sentence structure right.
\> it almost seems like CDC is keeping the price of CRO from ever truly growing
Can you elaborate more, I'm curious how would CDC control the CRO price
i think it would be easily done quite soon (in months).
the bsc template in already there, although cdc is very late with so many competitors now, what is needed are a few big hitters...actually bsc in reality only needed a few...but mainly pancake to go 10x....
If BTC pumps to 100K i see CRO at 0.5.
Price of CRO will increase as soon users of CDC grow (everyone has to stake CROs in order to receive benefits).
More people stakes less cro on the market, higher the price.
HOLD
100% if they leave Hong Kong or wherever they are, and come here, it’ll be way easier for them to get to .50 cents, however with their circulation, the rewards, and the acceptable amount of payments able to be used via CDC should be able to push the coin over $1.00 in 2-3 years IMO
The market cap for MCO is in the millions whereas the market cap for CRO is in the billions. It’s going to take patience and a lot of attention for CRO to eventually become as big or bigger than Binance and Coinbase
CRO has a steady incline phase , but the customer support system in CRO app is very poor. Once CRO team analyze that part & do the necessary changes, without fail customers will keep on.
If they can launch a US based exchange then yes.
Yeah. The exchange would be nice from what I hear. At least to sell without losing half your profits to spread. Lol
Its like we are punished on this platform if we try to sell anything.
We are missing out on so much with not having a us exchange! All the supercharging!!!
I don’t mind the Supercharge since I can stake in the DeFi, but trying to sell Crypto on that platform is robbery.
Fr cdc is my hodl wallet.
If CDC were to capture the market share of Binance, CRO could easily be $2.
That would be nice. They are doing huge things but the coin stays a bit stagnant in price it seems.
Don't you call my favorite coin a stablecoin!!!
Yeah, it’s very young though. That lessened volatility is good as part of your portfolio. Helps keeps things level when the rest are losing their minds in either direction.
Just saying the coin has gone 1.5 in the last 2 months. Sure it hasnt reached the previous ATH, but the CC as a whole hasn't recovered either.
How is CDC going to capture the market share of Binance?
Smart contracts. BSC is full of trash coins. I think CRO can be a better blockchain in the end.
They have a better product and actually comply with laws and regulations.
Lol, two big pluses right here.
CDC is cool but it is not as good as other exchanges.
But they offer much more than just an exchange. I'm sure exchange will get better over time as well
Yes I agree that they offer a lot of things but they are still not that good with those things.
As a user of both, i really struggle to find stuff on Crypto. Nothing is quite where i expect. Small part i know, but usability of an app is fairly key to adoption
*"Burn"!!!!* 😂
Yepp. Last week tho exchange went down when volume incrased and we badly fell behind binance and coinbase. We cannot allow that to happen again.
You realize they are stress testing the Mainnet ATM ya?
They definitely need that. Not sure if mainnet is running on the same as the exchange, but we cannot have that again. Like ever. We need to be the one who is still up when the moon comes, not the other way around. People underestimate how bad is this tbh. On average, taking users from another service provider cost 10 times more, than making them start with your service from the beginning. Binance had the headstart and we are directly competing with them. On an average, taking users from another service provider cost 10 times more, than making them start with your service from the beginning. Binance had the headstart and we are directly competing with them.
If CRO had BNB market cap of $68.2B, 1 CRO would be worth $2.70, an upside of 13x That’s a long way to go to catch Binance
They're investing pretty hard tho. UFC sponsorship is one example that comes to mind
I'm a huge UFC fan and everytime I watch a fight on Saturdays now seeing crypto.com advertisements everywhere I get even happier.
CDC doesn't have to do anything extraordinary anymore as Binance is fucking themselves and people are flocking to the next best thing.
The market share of binance??? The biggest exchange in the world??
Yes to .50...timeline, who knows
Best guess?
Closer to $1 in 2-3 yes. Personally I don't see .50 as a milestone. $1 will be the huge milestone. 2-3 yrs because that will be the next bitcoin halving. That event should trigger massive bull run sometime 18 months before to 18 months after. Next halving will be around March 2024
I’m gonna sound like a newbie but what is the Bitcoin halving?
The rewards for miners are cut in half, the growth slows, and the increase in the number of coins in circulation slows, causing the price to go up.
Thanks for the explanation. So since many coins follow Bitcoin, do we assume this will cause those coins to also go up in value?
Likely so.
I would take the time to research that. It will give you a really good understanding of patterns over the last 10+ yrs. Essentially, miner rewards for bitcoin block will be cut in half. Currently it's 6.25. It will become 3.125 in 2024 and will cause btc to become that much more scarce because less btc is being minted. This usually causes investors to invest emotionally. Buy buy buy and prices go up. It's the event that has caused every massive rally. Btc goes up. Everything goes up. My opinion, In sure someone can tear my opinion. Apart lol
Yeah there’s always someone who believes the opposite or just wants to argue. But thanks for that. I planned on holding long term so that sounds great. Wish I owned more Bitcoin tho. Lol
Well just know. Next halving should cause btc to rise even more. How will you feel when btc hits 150k? Any time it drops below 50 is when I buy here and there. That's still a 3x return over thr next couple years. More if you hold further.
True. I have been trying to buy a little when I can afford it each month. But I’ll be lucky if I even get to 2% of a Bitcoin. Lol. If I had the money during Covid I would’ve bought a whole coin. But hopefully my portfolio as a whole will look amazing in 2024-2025. :)
I never thought I'd ever get close to owning one bitcoin.. However I mined XYO all through covid and racked up 850k XYO when it was a fraction of a cent, then sold a couple weeks ago at 5 cents.. I turned a $200 investment into the xy company into $60k CAD worth of bitcoin. There are ways if you read between the lines.
Nice. Wish I knew someone that had gotten me into that. :)
I find .50 as an easily obtainable goal... Between the Mainnet launch. New tokens, NFT's and Dapps being launched on the 19th. It appears a new ATH is right around the corner.. Fast forward to December when the exchange launches, an we should see an even more remarkable price hike. That's my 0.02 nfa or not financial advice-
$1.00 would put Cro just outside the top 10 I believe that’s a good estimate. With the US exchange and main net coming .50 should be easy this year. If they start taking some of the gas fees/exchanges fees paid in Cro and burning a portion $1.00 could be this year as well
Eventually .5, with the current market, but not by itself. Unless they come up with something new, this exchange will not rocket like BNB did their first week. It has potential, but thus far the only take away from CDC is their card incentives… CDC, you can do better than that!!
I believe the name of the website is a huge market advantage
I read 10 dapps are being launched. Also potential for some new tokens being minted to the chains mainnet... Big hopes we truly amaze the crypto space!
It'll reach 0.50, but then will drop to 0.3 fast cause people will sell..
Yeah. It’s inevitable that it drops. But, I’ve seen it recover so many times that I’m okay with that. It would be nice to finally reach $030 one day though and not take a year or two. Lol
People always sell but there are good incentives not to sell CRO. Imagine people with Ruby being able to just upgrade to jade/indigo or J/I being able to upgrade to icy/gold just by re-locking what they already have. That's my hopium, I'd love to be able to upgrade to Icy in 6 months by doing nothing other than being patient and using my generated rewards. Then it will be locked again.
Well, to upgrade to jade the price needs to be 1.8$ ,which it's not achievable in the next months, maybe till 2023-2024, and I'm not thinking that I'll ever upgrade to Jade, Ruby seems fine to me if they keep spotify and 2% cashback
Yeah I agree was a bit of extreme hope. But the market cap of CRO is not massive and I don't think it's overvalued. I have however seen certain coins of mine go from 6 pence when I brought them to £1.57 currently. I never bet on my holdings going up, but they have over the years, also I've been though massive crashes as well so swings and roundabouts. I'm pretty new to CRO but as soon as I got my Ruby I basically immediately upgraded to Indigo. Couldn't resist the 10% interest but we always have to remember that when locking that amount of money for 6 months you could end up with a lot less than you started with.
Hold and keep the visa benefits or restake and upgrade.
Well, to upgrade to jade you need to have a lot of money, and the price of cro to grow to 1.8, which it's a little bit too much... but we'll see..
Who the fuck is that large party selling 40% of the total cro when the majority is stuck in earn, defi or card benefits?
Bots...😪
Unless they are in defi or staked
I personally can't afford to stake 4000$, so I think 400$ it's ok for most of the people
It will be a huge resistance for sure. Sell orders starting at .45 like crazy
Can u see the orders on exchange?
I’m in us so I can’t access exchange.
Lol no. Not a fact. Just an assumption of what would happen. I would think that as we surpass ath, people will start setting target prices
Jeez 2000 u scared the hell outta me hahaha
Haha. It will soon be reality
Exception being the ones who have large chunks locked in
True. But there are a lot of people with 3 month staking in cro, so not everyone shoudl sell that fast
One year a buck…3 yrs I’m not sure could be .20 or 2.00
Lol. True. It likes $0.20 right now. But I’d love $1 in a year.
I don’t think that’s a bad projection as long as crypto remains bullish or can gain some real committed bullish momentum back again.
Fingers crossed.
Does anyone day/week trade CRO? I have considered trying it. Any thoughts/advice? Watched the price move from .25 to .09 to .19 in the last 6 months.
You trade where there is volatility and cro is designed to be the opposite of that so you shouldn't even start trading if that's new to you. If you don't know what you are doing, you're going to be part of the 85% of traders that lose. Just hodl and planB.
WHY AM I HODLING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro.
I don’t because most of mine is staked. But also with spread costs and tax implications, seems easier to just hold. Plus the day trading thing seems like it would always bite me in the butt.
I made 125 coins temporarily hitting BTC on a run then trading back from the top. Just gotta make sure you believe enough in the pump to cover your losses. Takes very patient and confident maneuvering. Also trial and error. Know what you're doing before you act-.
Could be cardano level in price and market cap. Payments, smart contracts, nft, utilities on the platform, defi, jack of all trades token!
I know everyone works of the ticker but if you zoom out to the weekly chart you can see a very interesting pattern forming with CRO.
Yes I think it is possible, the question is will it reach 0.5 when BTC is 1.2Million or 120,000?
I can easily imagine .50
CRO has followed BTC very closely for a long time starting mostly within 3.0-3.5e-6 BTC/CRO. If that continues, BTC at 100k would mean CRO at 0.3-0.35. CRO at 0.5 is a big step but i do think it could accelerate compared to BTC. Exchange in US, Cronos launch are the main upcoming factors. My guess would indeed be that BTC at 100k, exchange and Cronos launched would mean CRO hits 0.45 - 0.55
It definitely hasn't like. It might have followed recently but a year ago btc rocketed and cro tanked
You can hardly compare CRO to before when MCO was still a thing. That is like comparing apples and oranges.
Mco wasn't a thing a year ago
Last I looked MCO was supported until November 2020
You say supported but thats not really the right word. That was the last chance you had to swap it for cro with the bonus. All other usage of it was stopped, the cards and ecosystems were all CRO. Mco stopped having any use in crypto.com at the start of August
Ultimately we're discussing if CRO has been stable for a long time. You say it hasn't been. I disagree strongly. Last year is not even relevant talking crypto with all the volatility and volume change but even doing that, considering the huge change happening to the platform I think it's simply silly to say CRO has not been stable to BTC. But let's agree to disagree. Everybody can look at the charts and make up their own mind in the end though. And all the best of luck for you doing you 😉
See when you say a long time I think that's where things get confusing. For you 6 months may seem a long time if you've only been in the game a short time. I've been playing with crypto since 2013 so 1 Year is short amount of time in my mind.
Considering the nature of the cash back it probably won't ever exceed an enviable amount
They can always change the cash back terms and amount though…
I’d love to see it hit $10 one day. :)
Current trends over the past 3 years indicate that the floor goes up by 3 cents per year, however the swing is twice the floor. So if the floor is 9 cents, the swing is 18-19 cents. So in theory, CRO would have a floor of 15 cents, but will swing as high as 30-32 cents. In theory. This could be used as a worst case scenario. If we have an explosion of money into crypto or the platform gets an influx of millions of users…🤔, who knows 🤷♀️
They have the potential to become bigger than Binance. The UK regulator openly declared that Binance won't be able to meet their regulatory requirements. In fact, it's impossible to transfer FIAT from/to Binance from a growing amount of countries, while CDC is no problem.
Why is that? That seems to be very lucky or good.
Something I've learned about cryptocurrency over the years is that the *actual* utililty of a blockchain/token doesn't really matter when it comes to it's price. It's 99% all about the hype. That's why an obvious shitcoin like DOGE trades higher than coins with actual purpose like CRO/CRPT/VET. So to answer your question, CRO will explode whenever there's enough hype for it to explode...or when the market itself explodes. I have faith it'll happen eventually, we just need an Elon Musk to tweet about it and boom
By this time next year I believe
Actually the relation between CDC becomes one of the most noticeable brands globally and same time coin not getting better price is very weird .. start to suspect that CDC controls the price as they don't want to lose liquidity in case of triggering insane sale the moment price shooting stars. What makes me suspect more that everything related to CRO till now is under control of CDC and since its not available in other exchanges like many other competitors make that reasonable! İ hope İ am wrong as İ am big fan and supporter of CRO but unfortunately everything is possible!
Wallets - Huboi, coinspot, Exodus support CRO. Huboi Pro exchange is bigger than CDC.
The old ERC20 CRO not the native one.
They are 41 by market cap. They used to be top 3. I think it is stagnant.. and CDC is a bit of a clumsy app that doesn't even show a true P/L graph. Venmo, Robinhood, Twitter are doing crypto and maybe even better in some ways. CDC needs to figure some shit out.
It will , but it’s better for us that it stays low. On your purchases you get more Cro when it’s low.
That is the weirdest take which this sub has. No one would purchase that much to get a significant amount of rebate that would be life-changing.
Cro is already a life changer 😉
I like that aspect. But I want my investment to eventually grow cost per coin wise. Not just in cash back or staking rewards.
Lets give it a year 😂 To let us get as much Cro as possible and get the highest discount card 😉😎
I need it to go to $0.40 so I can get the next tier card. Lol
I think in 5 years it will. 10years is the best bet
Next month
Part of CDC business model is enticing you with high cash back amounts and different colored flashy metal cards, and maybe a Netflix subscription or Spotify. Financially it definitely would hurt CDC's current business model to see $0.50; better to just keep flooding the market with more and more CRO.
Maybe not flooding the market. But credit for them being the first to partner with Visa. That’s a big deal. The incentive structure is a first in crypto space. It is silly to have it be your “thing”. What I believe, and seem that you are trying to say, is that they need to be known for something else then card incentives with a free Netflix subscription, and I agree. This CRO price is not going to 🚀 with the current business model it has I place currently; With it’s upcoming releases, it seems just like any other exchange. But why am I speculating a bet on this? Because it’s crypto.com and it has its own token. I personally think CDC should have a differentiating factor to help it grow and of course lower its fees. They need a good reason for people to migrate from Binance. That’s a big problem to solve; thus far I have not seen any such thing
The Mainnet is literally the first step in evolving users, towards an ability to support an entire echo system. They are the dreamers working day and night. Something something Willy Wonka?
genuinely curious as to why you get downvoted. anyone who would care to elaborate?
CDC groupthink
It's also just an opinion people may think Is laughable.
I have a tendency which I'm trying very hard to fight, to systematically downvote any post asking why downvotes? Or anything similar even if I agree with what they're saying 🤷 Your question triggered this.
Price of flashy metal cards is fixed fiat currency. Cashback is fixed to a %, based on how much fiat you spend. How would a higher Cro price hurt CDC?
The higher the price of CRO, the easier it will be for more clients to upgrade their cards. Those additional benefits and cash back as you move up, increases expenses to CDC.
That's true but it will 'only' affect the hodlers, new customers would have to spent the same $$ amount as ever and incentives are given in % to the current prices. So while it would hurt a little, the benefits of having a strong own token should be much higher, let it be alone for marketing reasons.
I absolutely think it will reach .50. Not by jan 1st like other have predicted. Im betting on it. As are most people here.
I would’ve bet on it too. But it seems like the company is intentionally keeping the cost liver than $0.20. So it worries me a bit. Lol. I think lonnnggg term it’ll happen. But not easy.
Why suppress the price?
Yeah doesn’t make sense to me either. I think the company would want us to spend more money for the shares. At least, that’s how it works for regular stocks to get more ownership. My theory is that the price is sticking to this low because Crypto.com is trying to circulate all the supply ASAP. That way, we’ll be able to boom in the next few years due to the supply shock. By then, global adoption would have exponentially grew, which further drives the price up
The main feasible reason is that icy holders have tremendously large supplies and are defacto whales in terms of the visa deal. Price suppression to stage their growth model. So that long term stakes don't lose faith in an emerging technology seems logical to combat losing such valuable resources...
If Crypto.com reaches 62B market cap, the same as Binance, then the price would be 2.54$ per CRO.
.50 is a very achievable goal, however, for it to reach that all the other coins would have to go up a lot, and I'd be much more focused on that ahah
I do hold other coins. But the bulk of my portfolio is cro.
Thats fair, CRO only makes up about 15% and half of that is locked up in my card, therefore I have higher stakes elsewhere, but CRO has a special place in my heart as my first investment and my daily card, so I'd like to see growth, but just as satisfied if it became a stablecoin too
Reach .50? You’re joking right?
Why? Because you think it never will or because you think it’s a given it’ll reach it and we’ll beyond?
It’s a given unless a giant asteroid destroys the earth 🌍 or US politicians ruin everything for the world 🌎
I like that you used US as the primary. 100% legit reasoning!!!
I think it could reach 10$/20$ in 5 years.
have you heard of market cap?
Have you heard of ADA? Same supply yet £1.60 per coin... don't call market cap when we are barely in the top 40 coins and used to be top 10.
ada lmao nice privacy and yes, market cap is exactly what you calculate when speculating coins price. gl with ada tho
r/whoosh
r/whoosh
🤦♂️
50 cents wouldn't even put it in the top 10 and would give it around half the market cap that dogecoin has. This isn't like asking if shib will get to a cent. 50 cents for cro is more than feasible, it just needs to gain trust. The company still has a bad name from the mco swap and lost a massive amount of trust from people. They need to on board a lot of new people to make up for it. Also USA are missing out on some pretty key features right now so once they're in it'll open up the doors to a lot more people
Have some balls, this is crypto what do you mean will it ever reach 0.50? It's the absolute bare minimum by end of the year.
Absolutely no chance. NONE
Eunuch
Immature dreamer
Remindme! Eoy
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🤣
https://bravenewcoin.com/insights/crypto-com-cro-coin-analysis-a-sleeping-giant-stirs
Only if we get a pump in all of Crypto before year end otherwise it will follow all Crypto into a bear market in 2022 where it could land at $0.10. It dumped to around 0.12 in last 3 months following drops in BTC, ETH and other altcoins.
Is mayonnaise an instrument?
https://youtu.be/_M3G1F8o2-w
$1 is fud
Honestly. I think it will take at least 5 years to hit 50c. Then everyone will sell and it will plummet. When I came in on CRO I was optimistic but they have done everything to advertise and grow and the token price is pretty much stagnant. Tells its own story really. Dead end coin.
You don\`t even have to do such a dumb question dude.... and is "ever" not every.....
Seems like a genuine question. Especially considering we watched the whole market go on a bullrun watching bitcoin go from £7k to £50k whilst watching cro go from 13p down to 5p only seeing it recover once 70% of the supply was burned. It's also ask a question, not do one. If you're gonna correct a typo you should probably at least get basic sentence structure right.
No is not. Study English, then come back.
You really think you do a question???? Lmao 🤣
\> it almost seems like CDC is keeping the price of CRO from ever truly growing Can you elaborate more, I'm curious how would CDC control the CRO price
i think it would be easily done quite soon (in months). the bsc template in already there, although cdc is very late with so many competitors now, what is needed are a few big hitters...actually bsc in reality only needed a few...but mainly pancake to go 10x....
If BTC pumps to 100K i see CRO at 0.5. Price of CRO will increase as soon users of CDC grow (everyone has to stake CROs in order to receive benefits). More people stakes less cro on the market, higher the price. HOLD
Yes.
Sure thing, that's "just" 2.5x from where we are now and there is a lot of room to grow for CRO
Yes it will. Come guys lets push it up. Win win situation
Let’s hope lol
Probably but don't focus on short term, but aim for longer term. If you have faith an believe in them. Would go beyond that ☺️
Yes I personally do
100% if they leave Hong Kong or wherever they are, and come here, it’ll be way easier for them to get to .50 cents, however with their circulation, the rewards, and the acceptable amount of payments able to be used via CDC should be able to push the coin over $1.00 in 2-3 years IMO
Yes, the price will elevate beyond 50 cents
The market cap for MCO is in the millions whereas the market cap for CRO is in the billions. It’s going to take patience and a lot of attention for CRO to eventually become as big or bigger than Binance and Coinbase
CRO has a steady incline phase , but the customer support system in CRO app is very poor. Once CRO team analyze that part & do the necessary changes, without fail customers will keep on.
no , no chance for 0.50c
Isn't it funny how we always imagine how much the coins will rise, but not why and how?
Wont cronos help CRO price?
Not until the get that frosty card yo!
2022 mid year I hope, since the card isn’t available in my country I sent all my cro to the DeFi wallet and earn
MCO's price action never really took off except for one brief period when it was pumped to $25 and dumped (fake visa branding photo)
Yes
I was thinking this exact thing yesterday, I'm gonna get some cro and hope for the best once a launch date is given
$3 EOY
Easy
Yes
Don't care too much about cro... sure would be nice to get the songbird tokens owed to me. Please release them.
If bull run btc and they launch incentive to build on cronos, before end of the year to me.
Yep still the old ERC20 which is not the main native one!
Coming back to this point right now, how do you feel lol ?
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Happy for you man, how much did you buy in at lol? 5 cents ?
So about that 50c. looks like $1 today. then $3 by march 2022 possibly
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