Someone asked me the other day if i was making a direct comparison to bitcoin. Absolutely not, the asset itself is worlds apart. I guess my "comparison" was more to do with the hype/chart pattern playing here. IMO headers such as "$4 valuation" do nothing but fuel the hype, I'm sorry but IMO there's more chance of the share price being 4c than $4.....never going to happen. It either gets quashed, taken out or diluted to buggery (yes that's what happens when minnows try to "go it alone"), $4 is pie in the sky stuff......for anyone interested in the chart/theory.....
https://228main.com/2015/11/23/anatomy-of-a-bubble/
$4 Valuation, page-58
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $15.21M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $62.00K | 7.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2215499 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3181111 | 4 |
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| NRZ (ASX) Chart |