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GIFTO Prediction 28/JUN GFT Coin Price News Today - Crypto Technical Analysis Update Price Now
Here’s why Gifto (GFT) price just went parabolic
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CREAM and GFT going at it, they’re still pumping, is it late to ride on them now to get some beermoney?
XVG is about to do what GFT did yesterday... hop on the train
I‘ve lost 150 on the shitcoin GFT by buying high and selling low today. Am I a worthy member of this sub now?
Looks like GFT is preparing for another round...
Converted all of my holdings into fiat currency about half an hour ago. Bitcoin heading down which normally leads alts along with it. Good buying opportunity coming! Thankfully today has been green mainly due to GFT.
tldr; Gifto (GFT) token surged by over 170% in the past 24 hours, according to data compiled by Binance. It jumped to a high of $0.080 as investors welcomed the new developments. Gifto is a blockchain project that was launched in 2017. It operates in the gifting space, where it helps people create, store, and gift blockchain presents. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Anybody keeping an eye on GFT? Crazy price movement since its Binance listing, wonder if the the US market slowly waking up will pump it a bit more.
They will not GFT as no business truly does so willingly. Bitcoin will be available to everyone in its own fundamentals, while it will also be available to those who choose to store it in banks. Just a future reality.
this is excatly why its not a greater fool theory in the GFT value is only dependent on time
>I stopped reading at "intrinsic value is not subjective." You should keep reading beyond things you don't think you agree with, because if you do you're likely going to realize you're grappling with a fundamental misunderstanding a lot of folks have about economics and how value works. Debunking the myth that subjective value and intrinsic value are the same is an important foundational topic in first year university econ classes. I don't say that to be rude because it is by no means a simple topic, but to highlight that what you're working through here is not an unusual point of confusion for folks who don't pursue economics professionally/academically. >Even in a world where intrinsic value could be objective, you're never going to have everyone agreeing on the exact amounts of value that each thing intrinsically provides. THAT IS EXACTLY THE POINT! (which is good news) GFT specifically deals with the dichotomy between an assets' intrinsic value, and the inherent irrationality of how crowds will value an asset. And GFT is a specific bet that individuals will subjectively value an asset higher than they do today, even despite that value being totally disconnected from its intrinsic value. At this point you're not arguing with me (though you may think you are). You're grappling with the [fundamental definition of GFT.](https://en.wikipedia.org/wiki/Greater_fool_theory) (Linking to this source in this case because, while an imperfect site in general, this entry is an effective and concise definition of this particular topic)
I stopped reading at "intrinsic value is objective." Even in a world where intrinsic value could be objective, you're never going to have everyone agreeing on the exact amounts of value that each thing intrinsically provides. In theory, value could be objective but quantifying it is always going to be subjective, and if you agree with that then GFT applies to anything.
The issue is you're misinterpreting what the value GFT refers to is. Not maliciously or in bad faith, but it's still an error that's making your point untenable. GFT is literally defined as dealing with assets that have no "intrinsic value". Intrinsic value is not subjective. Some investments and assets have both intrinsic value (they are based in actual value beyond the subjective value a buyer ascribes to them, such as dividends/profit sharing, actual ownership of a company as is the case with many stocks etc.) AND subjective value (how much an individual is willing to pay to acquire said asset). By only understanding/interpreting value as the latter (via the incorrect statement that all value is subjective), that's where you're running into issues. GFT on the other hand, specifically refers to folks adopting a risky investment strategy of investing in assets which do not have intrinsic value (for example, "shitcoins") in a gamble on the hopes that someone down the line might be willing to pay more for said asset than they did. Which is a big difference than someone buying a dividend-paying stock, while also still hoping it will be worth more in the future to someone else. One of those is GFT, and one is not. And that is why your statement that such a definition could apply to "literally anything" is very incorrect.
lol how are you gonna say I'm ignoring the value aspect, when I specifically made it part of my explanation. Value is subjective, so it's a moot point to say GFT can only apply to things having or lacking value.
You're talking about "Greater Fool Theory", which is definitely true with many other investments, but please don't think something like Google or Microsoft stock falls into these categories. There are tons of stocks that are a legit percentage of a real company, and it's not really GFT. But yeah... we get your point.
Bitcoin was not created to be regulated. Governments must kindly GFT.