Last week I experienced a problem in the COTI Treasury when the 153 COTI rewards that were claimed went missing in the staking process. This to me was alarming and why I have been on the COTI's team back ever since. The transaction returned back a status and method of being a success and the transaction may have been processed. I never received it and does not reflect anywhere and it has not been sent externally as the receiving address was correct as it is my own address on another staking pool.
This is not about the value of the token as this was literally 153 @ $0.05c so a total value of $7.65, but what about the future price? $7.65 is easy to dismiss, but what if COTI was at $10 and this was a $1.5K loss at no fault of your own. Would you treat it differently compared to a $7.65 loss because one should not be thinking like that and every crypto token has value.
No one knows what the value of each crypto token will be in 10 or 20 years from now and especially if it has a real world use case these could be or should be far higher. Why would anyone treat their stake or investment differently knowing one day this will be worth a whole lot more and it is down to the individual on what he considers a true value of their investment.
I think this is the way I think and as an example I do not see the value of HIVE at $0.20c and in the back of my mind I have a value of around $3-$4 due to what it can offer and past historical prices. $1 would be a good starting point, but anything under that would be short selling what we have going here.
Everyone has a different perspective on what each crypto is doing and why they decided to invest into that particular crypto. I was speaking to someone yesterday who I met at the Binance Conference earlier this year and he like most in crypto has done no or little research. He has gone with the flow and invested heavily into XRP because that was what he read via social media. This time it looks as though he has got lucky and I expect he will retire and emigrate which is his long term plan. His price was a $3 XRP and at the time told him he was under selling himself as it was back then $2.40 and only had to do a 25% increase to reach his targets. My advice was to research what he had invested into and be aware of any new developments and to avoid the noise on social media.
Maybe I am digressing again which is a bad habit of mine and why I enjoy freewriting all my posts. The COTI team asked me to furnish them with the data from the transaction that went missing and the hope is they fix whatever bug that caused this to vanish into thin air. The COTI treasury has had some issues over the last month and these errors need to be fixed as we only have a $21 million total TVL currently, but what happens when that is a $200 million or $1 billion TVL?
COTI is involved being part of the team developing the Digital Euro which would have a TVL of around 15 trillion Euro's so any development team has to get things right as the numbers are big.