After almost a month of consolidation, Tezos is finally on the move again, gaining 4% in a day. Sure, that's almost nothing compared to the craziness of 2018, when we saw 15+% trips to the upside in a matter of hours. However, we should get accustomed to the fact that the volatility of cryptocurrencies, including Tezos, should decrease over time. Obviously, that is good for holders but not so much so for speculators. Nevertheless, Tezos is a solid altcoin and I intend to hold it for a while, or until it reaches the $2 benchmark.
Tezzies are great to stake, but buying at these prices is crazy. We already saw a huge dump, and more to come according to the charts. There’s no real reason to hold XTZ unless you’re staking, and even at that, the rewards are minimal. I’m not trying to FUD the project, but it seems unlikely that XTZ will see another bull market from its unused platform. There isn’t anyone who actually uses it for anything, whether it be companies or individuals. If anyone can point me to a company that’s building their platform on top of Tezos then please enlighten me. Until then, I stand by the fact that XTZ has no intrinsic value.
Tezzies just can’t help but to keep mooning. This coin is just a pump on top of a pump. Last week I swore not to buy it and this week its already up 34%! The charts are showing that it should correct, but the news tells a different story. I think Tezos still has a long way to go because their partnerships are really starting to roll out. Great job Tezzie community. I also couldn’t help but mention the fact that Coinbase custody introduced staking to their service is just a teaser of the big things to come for Tezos.
Tezos has been unstoppable lately. I knew when I saw XTZ was cleared from the entire settlement dispute it was time to buy. XTZ even has the perfect ticker name. The baking process is already on going and we can easily stake our coins. Tezos is going to be the underdog of 2019, and Everyone is going to wonder why they didn't buy after it already 10x. This is the Cardano of 2017.
As a reply to the comment below: if you have a Trezor you can easily stake your Tezzies SimpleStaking. Since the dilemma of Tezos and the lawsuits seemed to have quieted down, Tezos will more then likely see significant growth this year. Staking is already live and most people don't seem to understand this. Put your Tezzis to work!
I can not understand, is there any desktop wallet for tezos? I want to buy tokens, but where to store them is not clear. On stock exchanges, where the token is traded - I do not trade, so storing there is not an option
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