Bitcoin Forum

Hello, I wanted to ask you about a coin, I was analyzing what could happen, it might have a future after September 15, it's a coin called #Beam, I really believe that many people know it, I read the roadmap and downloaded the application new to him and I made a transfer and when I entered TXid in his blockchain, the transaction that I made did not appear, that is, it is completely private, and when I calculate it on marketcapof.com beam example with a coin capital of 7 billion it reaches the amount of $50 that if he reaches the capital of $7 billion, he will have the figure of $50, which is now $0.18, what do you think, is it calculated like this on marketcapof.com.
I want your opinion

thank you.

Many altcoins have been tipped as the future, some didn't last long enough and are now without value, I think you should be careful and not completely put all your hopes there. I'm not saying that you shouldn't go ahead to try it out, but use wisdom while investing.

And how exactly is it going to reach a marketcap of $7 Billion?  ::)
You think it's just a matter of wishing and it happen?

Market cap is number of coins in Circulating Supply X price of the coin. have you considered what happens when the coins in the supply increase?

Lock at the Luna case and see who the circulating supply made the coin to even dump harder

IIRC, this coin is like a par with grin's popularity before. The highest market cap and price that it has reached were $162M and $2.9 respectively.

There's nothing wrong with such calculations and I also do it with some projects that I saw and mostly for bitcoin. But, the question is when it shall reach those market caps that you're projecting in your mind?

Nobody knows.

You're making a non sense imagination thread. Beam was popular before but not for this time. People have been leaving this protocol. ATH was also become impossible to be reached by grin again. I guess i kinda feel this coin might be dead rather than reaching its all time high or even surpass it.
You shall avoid to invest in a non potential coin like this. There are better coins in the market that worthy to invest rather than beam. it's easy just to use marketcap of while the fact it will never happen

Don't put your hopes too high on one project, even a project as big as LUNA can collapse, be wise in investing, invest with things you are ready to lose.

Hehe, you calculate Luna with BEAM, there is no logic what you say, a tip, Save some amount of beam, and don't buy any pizza?

I suggest, before you try to invest, first look at the project regulations that you plan to follow, because it is deemed necessary for us to be careful in placing high hopes, Because I see nothing wrong with that calculation, so avoid investing with coins are not productive, because there are still many coins in the market that are more worthy for us to invest.

From $3 to $0.16 now. I do not think it will ever reach $50. It is only going down and down. If you have invested in it then it is better to sell it now before it reaches $0. For the last 4 years after its inception the developers have not done anything major with it. We all know the fate of privacy coins. Most of them are either dead or are struggling to stay a float. I assume the same will happen with this one too.

OK seasoned trader, thanks for the investment advice. Looks like someone is trying so hard to shill BEAM.

Looking at the coin price chart, it doesn't even show any hope of achieving the previous all-time high of $3

https://talkimg.com/images/2023/05/14/blob03998fb2137da213.png

I'm so sorry and not buying that it will become $50.00. Everyone is struggling as you can see, still red and bleeding and even if this is a new project and being hype, it will not reached because of the current bear market.

Well if you believed in this project then maybe you can invest, but for the majority of us, we are very reluctant even if the roadmap is solid. As least though you should be at least as detailed as possible as what is your main reason from $0.18->$50.00. What is unique in this project that we haven't seen yet?

You have a point but what if something new comes up in near future for Beam? It's true that the chart shows how less demanding the project is looking but anything can happen, I not saying Beam is the right now to pick but anything is possible, there are many better options like Flux and Ergo.

Beam is weak, why not choose between Kadena or layer 2 project with much credibility? All what beam has is available in many projects but the difference is other projects have better supports and stronger team, note, I am not a hater of beam but lately they failed to deliver.

You have a lot of expectations about this project but be sure that your expectation borders on reality not just on using a tool like marketcapof.com, the big question always is how can a coin reaches its projected market cap, you need to look at the roadmap, market support, and community build-up and industry adoption, if all these are looking great on a project then you can apply that tool, that tool is a wishful thinking tool and I don't recommend it I prefer to be realistic and see the real projection of the coin in the market.

If you really believe Beam can go up to $50, you should buy it right now before the price starts to go up high. But I'm not sure if Beam can increase, but it can happen if there is a lot of good news from the team that can convince investors to invest in the Beam project. But apart from that, you have to find out the advantages of the Beam project compared to other projects because, as far as I know, projects in the top 100 also have the same opportunity to improve.

If you rely on speculative tools you will be disappointed, that's not the way it works it'll give you false hope check the roadmap and see if the roadmap is being followed and there's the usability of their platform, community adoption is also very important there must be a reason why it will reach $7 billion market capitalization, I have not fully analyzed the project but looking at it there's nothing extraordinary on the project you have to fully analyze it and also check their marketing campaign, a good project should be marketed.

Listen dear, do you remember the year 2014 and 2015, I had to activate my computer card to mine XMR but I could not mine the amount, there was a crisis in my country, and I had no money to invest, and now I have no money to invest more in #beam, I believe that one day things will be changed as it is the 15th of Shatori, at least I have saved 100 beams or 50 beams, that's how much I want, I don't want more because it's a crisis for electricity, and the cost of electricity they cost the same, I want 50 or 100 beams to save in the coming years.

The total supply of Beam is only 121 million coins, of course at a price below $0.5 it's still very cheap for Beam,
and the good news is that Beam will hard fork in September, of course this will make Beam pump at least $0.5 before the harfdork occurs ,
and the future of the beam? of course very bright!

You understand what Beam is, while those who work with exchanges don't know much about crypto, they think they're all like LUAN haha.

This is the first time I've heard this coin the same as when I heard about Luna starting to hit due to the hype and it's just a matter of time before this will turn like what happened to the Luna. I'm starting to lose interest in this new project popping out almost everywhere and is being riding with the hype but no actual use or whatsoever they were just a pure money for pump and dump.

I hope some of you take Luna as an example if you see a shill about of a new project. Just imagine if Luna is getting the popularity yet after a few dumps it's almost gone then what do you expect with the new project?

you have no idea what we are talking about, what is privacy and what is a private wallet, you don't know what beam is, you were burned in the new token, but this can't be like that at least it is on the list ethermine.org
https://ethermine.org/announcement

if you don't trust this then you don't trust Ethereum either.

yes, I told you that you don't know what you are talking about, so read the title and read about what it is

The protocol on which the beam and grin project is based is considered a real revolution in the field of cryptography because it provides an additional layer of privacy protection on the blockchain. The difference between the two currencies is that grin is completely decentralized, so its development is very slow and it still takes more time to reach more users. While Beam is a central project left behind by a full working team, it is more complex as it contains seven currency sub-projects.
I still trust the protocol that produced the two currencies and had heard that it could be incorporated as an additional layer of protection for the Bitcoin blockchain, but this is still being studied.

I'm trying to understand what it is after reading the white paper at beam and I'm trying to explain it to the opinion of the forum.

I said for beam, beam is new ETH.

Honestly, this is my first time to know a coin called #BEAM. And after I reached the Coin Market Cap, I saw this.
https://coinmarketcap.com/currencies/beam/

Well, maybe this is my and not to know many coins because I commonly focus more only on top coins, at least 100 top CMC.

Well, we will not be sure if the coin will be valuable and bright in the future or not because many altcoins are failed, in fact, after they claim that they can grow up. Moreover, the bearish era is still ongoing and we don't know if the coin will be able to survive or not. This will be more blunder if we only trust in this coin. Because, once this coin is decreased or moreerrugpull, you your self that will get the cosnequences. Be wise on invetsment.

https://www.huobi.com/support/en-us/detail/104917015223952
"The deposit service for DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN will cease at 08:00 (UTC), Sept 12, 2022. But the withdrawal service continues to function.
Please cancel any open order for DASH, DCR, FIRO, XMR, XVG, ZEC, and ZEN in a timely manner .."

This is the future expected of similar coins. Do not expect great prospects from the BEAM coin

Based on my experience, I can say that you need to invest in cryptocurrency wisely. Since before you start investing, you need to fully study the cryptocurrency market and choose the most promising coin. And you should not immediately rush into a coin that is simply not even relevant for the cryptocurrency market. It is necessary to choose those coins that will be able to make a profit in the short term.