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Hi folks on proofofbrain, let's talk about proofofbrain exchange rate and staking pob
Can we say now is the best time to buy or sell pob?
Why is everybody selling at this present rate?
Why is the price falling every now and then?
To me at present the exchange rate of pob is nothing to write home about, it is very low compared to what it used to be, it was once at 1.7 rate but now it's on 0.5, there was even some weeks ago that I saw it fall as much as being in 0.2 rate.
Is it the best time to buy or sell?
If not desperation, now is not even the time to sell but rather to invest.
But some desperate users do not mind to sell at any rate even if it get worse to being at 0.001 selling rate they will still go ahead to sell it because they know they will still get another pob on their next post,
In which this is not supposed to be because the more sellers are selling at that low price the more it will be falling.
People are really selling it out because they do not really care about whatever happens all they are concerned about is the money they will get in return but they do not know that building the platform is like building themselves because the more the rate rise is the more their pob will also increase.
The price is actually falling every now and then because sells are selling at the rate they are not meant to sell.
Let's take for instance a buyer set a buying rate to 0.5 and nobody is willing to sell at that rate he will be forced to increase the highest seller bid to maybe 1.0 then automatically the asking price will also increase.
In conclusion
Buying and staking up is the best for now because you will be having two profits, one is curation rewards for upvoting of people's post and you also get upvotes by posting as well.
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It's true, now is not the best time to sell.... Some sellers really need to know this... @teegold96
Yes I quite agree with you,in the sense the more the saller keep selling at low price the more the get low.
So at this junction I allege us to invest so it wl be scarcity commodity, and but you the prize sky rocket .
At the end good for everyone.#POB token inflation is really low as we speak. There was almost to no premine. You can get more @pob by posting and buying from the market.
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