Why i think Orme is undervalued ?

First of all, i think that lot of people doesn’t understand to vision that Orme has. Most of Orme holders might not even know, what is ORV.

ORV serves as a backup for Ormeus Coin and guarantees the minimum price of coin. As Orme is now directly mining BTC, we can see that every day there is like +2,3 BTC growth. And with increasing mining power, it could be more. But what ? People take a look at ORV, they see some numbers and don’t know what to do with that. It’s simple, take actual value of vault, divide it with coins in circulation and you got the backed value of Ormeus coin.

As some people bought Orme for 3–5 $, they are now very scared to loose whole value when they see price of Orme sitting at 0.4 $. And even when we see whole market… it looks like the cryptocurrencies are ending. So they panic and sell their coins for 0.4 $ price or even lesser. But that’s a huge mistake. Everyone can count ORV value and it’s around 0.35–0,4 $ depending mostly on BTC price.. So why would you sell it on this price or even lower ? There is no sense in it.

Ormeus team is working hard to connect Orme wallet with ORV, so we could sell our coins directly to the ORV for actual value. So at this moment we should just wait for Orme team to make it work. And as bearish market is going to rise once more, we should have exponencially higher value.

In my opinion whole price of Ormeus is made by ORV and community. But if our community isn’t educated well enough, the price of Orme can still go down. If everyone reads whitepaper and understands a vision i believe that the price will go up.

#orme #ormeuscoin #cryptocurrency #stablecoin #goldreserve