Bitcoin Forum

Tezos [TEZOS] was recommended by some experts and is now a partner of Red Bull and McLaren Mercedes Formel 1.
Experts say, Tezos can be huge.
Right now, it has a very low market cap.
What price do you beleive can [TEZOS] do? It is currently at 2,94 Dollar and a Market Cap rank of only place 40.

https://i.imgur.com/74UFSab.png

If you take a look at Tezos market cap, the market cap peaks almost $6 billion last month of May 2021, and look at now, it already lost more than half of $6 billion, seems most of high market cap before experienced this. I don't think I can consider this as a low cap gem since it already reaches a huge amount of market cap then it is dropping now, lost 50% of its market cap.

Tezos has been around for a long time but I am not seeing the development that it was hyped for. Link, Sol, BNB, ETH took the crypto industry by storm in 2020 and coins like tezos have been left behind. I am not sure if it can considered low cap gem..market cap is very high..they have a lot of catching up to do.

Well, XTZ is a big project, but from what was collected in their ICO they should be more advanced and delivering results. Low Cap Gem? I don't think so, because each XTZ already costs $2.7 and with more than 800M in supply, certainly a billion dollar project is not a Low Cap Gem. I don't follow this project, but if they continue at this pace, the tendency is to fall by the wayside and even if they present some new fact, it will hardly attract anyone's attention. This could change when big players increase their stakes in XTZ, but right now there's no sign of it.

Experts have been saying for YEARS how Tezos can and will be huge lol. Did anyone already forget the problems Tezos had in the past with manipulation and centralization? How else do you think they can partner with RB and McLaren?

It's just another Ripple or Tether, with fancier people behind it.

Obviously No! Not even 5x is possible from here.

I invested in it at some point in the year 2020 and made a good profit, but I sold.
I have no intention of buying more now because it is freezing money in a project that may achieve better returns than other projects.
TEZOS development is progressing slowly and we are in a market that needs rapid development, so I expect the currency to follow the same approach as the rest of the currencies and that there will be no real change in it.

Ranked on 40 based on CMC isn't a low cap gem i believe. There is not much any update or progress about Tezos too, so i doubt it would be a gem later. Instead of this coin, there are still lot of other options which you can analyze to become a new low cap gem (obviously not DOGE)

It is a good coin to hold IMO. While you're holding it, you can stake it on your hardware wallet.
https://www.ledger.com/staking-tezos
For trezor, I don't know if it's available to stake.

I will call those as shillers rather than expert. The expert will never suggest a garbage coin like this one. Tezos may still have potential like another coin but i think this coin will never reach the top 10 CMC again. The era for tezos already ended and blockone will be retired with all of money. lol.
Why do people keep talk on this shit token that worth a few billion of money while they have low cap gems that can do better than this token. This token will never go anywhere

I don't have hardware wallet luckily because hardware wallet LEDGER is dangerous.
For Tezos I agree, it is a good coin.


Why? Any explain or just baseless FUD????


Why even older coins like Tron and Cardano are still at positions 20+ but Tezos has a more modern tech?
Make no sense for me to have such shit coins like Tron and Cardano at place 20+ while Tezos, a real modern tech dev project, is only place 40.

Anything with over a $1 billion market cap is not low cap. It is a well known coin that has been around for a long time. They had one of the biggest ICOs ever. They had a lot of internal problems and legal issues when they started so the hype died down significantly and was a huge setback. If they hadn't messed up their launch they might be much bigger today. Maybe they can be considered them a midcap gem.

Well known, but maybe for all the wrong things, as you've listed out. But as I said yesterday, people seem to have really forgot what Tezos was to their early investors? Or is all this remaining hype exactly from the investors hoping to recover

They won't be the first big coin to mess up launch and still go on to be big though (think of Ethereum).

As everybody said before me, Tezos cannot be considered low cap, even mid-cap feels wrong for a coin so high in CMC's list. (Funny fact: my corrector changed "Tezos" for "Bezos" ::)).

I bought a few XTZ during the ICO and, although returns haven't been huge compared to the best performers, it is not bad neither to be 3x or 4x higher than the starting price, if you compare it with so many other ICOs which went underwater during the bear season. But I have to agree that after the huge hype and fomo from the early days I expected higher returns rather than the current situation.

This is one of the projects that I have been following all this time, it is possible that tezos has not received a strong appreciation compared to other coins, but I personally find stability and certainty from it. Personally, I appreciate what Tezos is pursuing, maybe current trends cannot accelerate the growth of this coin but looking at the long term I really believe in its success in the future. 

Where did you get it that owning a ledger wallet is dangerous? it is one of the most trusted hardware wallet that we ever had. But if you want to stake, it's not only ledger that offers staking for Tezos, there are also other wallets, not hardware wallets, that offers the same.

I'm probably not a big fan of this coin, as it hasn't experienced stronger growth over the past few years than similarly positioned coins. But I also do not deny its influence on this market, perhaps it will take more time for XTZ to become better.

I have to say Tezos putting the name on a formula car didn't make any sense to me at all. Do we want decentralization? Then how come some company put the name there? You have to be a legit company in order to make a deal with other big companies, no formula car will allow you to pay them millions of dollars and just put a sticker on it anyway you like, it has to be a company.

So, if we want decentralization then what is this all about? That just didn't make any sense to me, I understand that some people see it and think maybe that is a good thing and maybe it is just great marketing, however even if that takes tezos price to 10 dollars I am still not in favor of moves like that, it always makes me feel a bit scared. At the end of the day marketing moves are proof of centralized movements and I am not interested in that, can't talk about what the price would be, but it is not for me at all.

Low cap gem is token/coins which placed on below top 100 coins. Any coin/token above top 100 is considered have huge cap. The price won't changed too high, it's maybe can do 5-10x (few coins managed to x20), but the real low cap gem can make us profit more than 50x if we choose the real gem

I have just seen that their advertisement is now displayed in the Brave Browser too. Who knows, they may have some plan for the short-mid term taking into account the efforts they are making in order to increase the awareness on their brand.

Anyway, I suppose that if everything pumps again, like Bitcoin going back to $60K, then almost everything will do, so in my case I'm not in a hurry to sell.

It is not even low cap! Tezos has 2.5 billion dollars marketcap, how the hell do you guys think that is low cap? I mean what do you think about the ones that have few million dollars in then? No cap? Tezos is already a big thing and it has been around for a long time now and people have seen what it is all about, there is nothing that will suddenly change that, it is not going to suddenly go up or something, not more than what the market average is at least.

I understand that people may think more likely of Tezos these days because of all the marketing they are doing but that is just because they got the money for it so they are spending it to get out of this bear market unharmed as much as they can, otherwise they are not really a low cap or even a gem, they are neither of these things because they are already a huge company that has been around for a long time.

it's not low cap gem..but the project live on tezos was.

Plenty, crunch, hera..,many of that project become what you can call " low cap gems" because there was not so much token over there, low competition over tezos ecosystem... So if some coin launch it already has an edge can grow in price.

I just checked it,TEZOS, I think tezos has high potential and a high possibility to become a competitor in coinmarketcap, in terms of projects, goals, and developers I think tezos is quite capable and can become one of the mainstay altcoins in the future.

Coinmarketcap is a list of cryptocurrencies and the only competition there is the ranking. It doesn't have to compete, good coins don't have to compete because it's the people that will raise their ranking through market cap and utility.
It can, it's one of the underrated altcoins so if you want to hold it. There's also a way to earn through it by staking.

Seems that he doesn't know what he's saying when he said about tezos competing with CMC.  ;D I guess, he will realized about this funny mistake. Anyway, tezos is not really a low cap alt as already shown by others. But it has potential as compared to other hyped up coins. They already has known partners and it may further increase if the tezos team wants to be ahead of the game.

I am also surprised if someone says Tezos has a low cap, even though we can all see data that currently Tezos has 2.5 Billion Dollars market cap.
That's a very large amount of marketcap, of course when compared to Bitcoin's marketcap it looks low. Tezos is an old project that has survived
until now, even Tezos managed to reach the ATH price of $8.4 two months ago, that's a great achievement in my opinion. Even though the price of
Tezos has dropped drastically now, it doesn't mean that Tezos is a bad project. This is only because the current market conditions are bad, it's not
only Tezos that has experienced a drastic decline, but several other popular coins also experienced the same thing. But I believe Tezos will recover
again, because Tezos is a good project.

Tezos is a much better This project will be further improved if the demand for many old ones in the crypto market increases. Like all crypto investments one must first understand whether there is a high risk and high reward potential then it’s a lot of borough investment to make a profit I don’t think this project is bad this project is re-emerging in the market and is going to be better than before. Practicing the market caps it is clear that tezos is going to be a good option in the future.

Damn, I hope that you are right at this point! Let's wait for a while for the next leg up in the market cap in general and see how Tezos performs. Who knows? maybe the real #Altseason2021 hasn't even started yet. I hope so at least :D let's wait for some beautiful Christmas this year.

Tezos mate isn't a low market cap gem anymore since  most of big holder of that coin make an exit and they didn't buy back again after the massive correction in the chart, that's why it turned like that right now wherein seems still lack of support to make good improvement in my view and probably no chance to recover until it reach again the current all time high value in just a short period of time in my opinion.

Its another great project but not a low cap gem for sure. With the power of the next bull run, i think tezos can go 10$ at least.
Its already listed on many exchange and have a big community, Hold and Stake it could be satisfying enough.

yes indeed! this coin already listed to most major exchange and with another bull for alts this coin have the very high chance to pump.

We can all speculate and believe to how crypto will move after the alts bull season, for now we can accumulate this coin and aim for long-term investment, enjoy for the moment the staking capabilities of this asset while waiting for more good news.

last time high is around $8 so your assumption is not far if this coin experienced huge pumped $10 is really achievable.

That's okay. It's just a matter of an understanding about what he should say about cmc and tezos. Tezos is one of the good coins that I really consider and might purchase soon.
I like to add it on my source of passive income because of its staking that can be found and supported with many wallets and exchanges. But I'll choose to stake it on a wallet.

Agree, many altcoin have a huge chance to pump next bull season,  keep averaging down investment and soon we will receive a huge reward for doing that.

Tezos has not launched too many projects that are enough to attract investors and make the community promote programs that they should be more

aggressive this year.

So far, Tezos has little chance of being categorized as a place to invest, until they are successful in guiding their project to massive public acceptance and

attract high popularity. but that's how it is, Tezos still hasn't shown his aggressive existence this year.

I can agree with you, they need to do that a lot better to attract more investors. I think the team is capable and the technology behind it is interesting. But for the moment, I mainly hold some tezos for staking (5.5% at Kraken).

The formula 1 McLaren thing really did put the Tezos name in the papers that is true, a lot of people know about it now, but I really doubt that people check the sponsors on the teams all that much, they probably do a bit but probably not a whole lot. Like let's say we are talking about another team (maybe not as good as mclaren) such as haas, can you name their sponsors? Do you know them all? I personally watch every single race and I can't name all of their sponsors.

It means that it did got the attention of some people but not all people, only people who really looked it or already know about it. I honestly believe the real demographic that got very interested about it were people who did not invest into tezos but still loved crypto and formula 1, those people (like me) may actually be very interested about it and may consider to buy a bit of it.

It may have also caught the attention of people only interested in F1 in a way that some of them are now getting interested in crypto too. Not only for Tezos, but this kind of advertisement are good for the entire crypto industry. How do we measure and link the output of the campaign with it? it is really hard to figure it out, but although not straight, the effects of these moves are what we need for mainstream adoption.

In the recent years mass media has linked on purpose the terms "crypto" and "scam"; today many people is confronting their thoughts with the reality: how can a crypto be a scam and still sponsor McLaren Mercedes? Thank you, Tezos, for this.

Because it got hacked: https://www.forbes.com/sites/kenrapoza/2021/12/28/after-ledger-hack-who-can-you-trust-for-bitcoin-storage/

I would only buy and hold a coin, what is reasonable since many juristrictions will consider staking illegal. China will be first.

I thought the no cap issue only revolved around their ICO? I was one of the people that was hyped for tezos before, during and post-ICO. However, they had big promises which they are yet to fulfil. I just respect the fact that they were one of the few projects that made POS blockchains a thing in the crypto space.

Now, my primary focus is on accumulating NEAR tokens. Despite having a similar POS system, NEAR has a couple of features that makes it superior to tezos or other top layer 1 projects out there.

the fact that they're already partnered with some really big companies and it's still low makes me think the opposite, where can it go from here ?! what big news that can attract a lot of investors to it now ?! i feel like a rank of 35-40 is already good for it, i don't see it making a big jump.

Agreed and it seems like that the maximum cap has not yet determined https://coinmarketcap.com/currencies/tezos/

Tezos has become the worst DPOS. People are also seeing this as a failed project. 4 billions were getting wasted. This is a failed blockchain full with promises. The only problem why do people keep believing in this garbage blockchain? this is not even worth to be seen as an investment place

I don't know if Tezos is capped sully coin, maybe I can ask a Tezos dev.
If Tezos has no cap, it would be very sad becaus if it has no cap, it is an explanation why Tezos isn't increasing in price. Inflation is a huge problem and can really kill good coins.

^  Cap or no cap doesn’t matter.  Look at Doge ffs.  No cap and pumped from under a cent to over 500x. 

Uh guys...?  It Tezos gonna be one of those 10 baggers this time around or is it only gonna be a tease just like what Cosmos did a couple or so days ago?  

It has just pumped more than a 20% in the last day. I don't know whether it has cap or it has no cap, but it seems that it works as an alternative blockchain, maybe because apart from a few more, there are not many more alternatives really.

Who knows, it may be the first of many pumps.

There is a great emergence by XTZ, for now in 36 days the coin has risen approximately 160%, this is something great for its investors, however you can see or hope that it will continue to rise a little more and become one of the coins most sought after by investors:

https://i.imgur.com/bO0mdtT.png
Source: https://beincrypto.com/magnificent-seven-xtz-avax-tel-enj-xmr-sol-zen-biggest-gainers-aug-20-27/ (https://beincrypto.com/magnificent-seven-xtz-avax-tel-enj-xmr-sol-zen-biggest-gainers-aug-20-27/)

This is one of the most winning currencies in the market, in all this volatility it can be seen that in many occasions it is possible to take advantage of the opportunities. This is a currency under which, it has remained there close to everything, now it is taking more fame.

It is still ranked 34 on CMC so it is still a good investing opportunity in a short term (a few months I guess). If you want to invest in a safer cryptocurrency, just jump right in bitcoin and ethereum. They will never let you down

It has increased wonderfully and I do like it, however we should realize that it is so far away from the 8+ dollars it once was, and there is a long way to go there. I assume that it could break that in the very long term if we have another bull, it is like 2x to go and many altcoins can easily do that given enough hype, but an old coin getting a brand new hype is usually not a common thing, which is why I do not think that it could do that anytime soon.

Definitely maybe on the next bull run instead of this one it could reach those levels, even without hype having two bull runs increase your price will give you a huge return but that means it will take a few years for it to get there. I would say that the best case would be to look for other coins that could eventually give a return that makes sense in the short term instead of looking at coins like Tezos.

Of course a capped supply matters and it matters a lot! Because no cap will cause inflation and it's a law of economic. Nobody can beat laws of economic.  If a coin is NOT capped (like Polkadot for example), it will be very hurtful because such coins do't serve as a store of value.
Crypto only exists for a very short time and people will realize soon how important a capped coin is.
Just look to Venezuela, it has huge inflation!

DOGE is just short time speculation.

OP, what do you think of 'a low cap gem' ?
In the case of Tezos I don't think it's a GEM anymore, the project is already well known or is it just a boom sooner or later when they reach certain agreements or milestones with their field follow.
Overall, this is one of those coins that I think the long-term future with it will be great, but remember in this area we have a lot of options. DYOR, that's the way we need to proceed with the next developments.

You have missed your chance because the Pump is over and now Tezos is going back to the regular value from the hype of more than 6 billion market capitalization .
though the partnership seems legit but we don't know if the effect will last that long and the partnership will be permanently or just a few bumping strategy like what whales use to do in order to bag money from small investors .

I have a very high opinion about low cap gem. You can make huge profit from it when you buy it and it is really a good coins like it was for Avalanche when it had huge increase. Tezos can be similar a low cap gem.

Tezos can be considered as a gem a lot because it has a good team of devs. But Tezos is not very famous so far.

Tezos has now reached a very high price of almost 7$ and it has great potential to reach a much higher price very soon.

Tezos is known for NFT and based in Swiss where it has established a very good coin!

Many new projects, those that developed after EOS, Tezos have created their own ecosystem. Anyone sees Tezos launch smart contracts and other things?
Maybe the bull run will increase the value of Tezos, but I see what this project does and its current capitalization is a true reflection of the value of this project.