CATs can has moon??
Not exactly, DOGEs already has the moon. I can explain.
Now financial market made from BTC, like most stable (more than 50% mined)
and conqered by bourgeoisie and business (ASICS, GhashIO, Winklevoss twins and so on).
Market of alternative cryptocurrencyes now made from amateurs with ATI
videocards and peopels who doesn't mention BTC before ASICs.
Most of them are not financial specialists. So the market follows BTC.
On the start of BTC small group of geeks work on "money of the future"
without serious hope in big income "The first step on TErraNova always was
made by the pioneer, next - businessman and the last will come official
bureaucracy to offer "gangster roof"(english not my native, i can't
translate it, its a slang, hope you understood the meaning) to the businessman".
Now all of the alternative cryptocurrencies are not those "money of the future"
even not an investment asset, it's a tool of hope in easy money (catch and run).
So the value of currency will depends on how hard to mine the currency. But this
is momentary value. Let's try to calculate maximum possible value of currency
with respect to BTC.
Maximum possible value of currency with respect to BTC on my opinion
can be calculated from expected emission per time unit at the start(let it be)
to get rid of some factors like redistribution of the market, growth of
the market, total count of coins in currency, growth of difficulty and so on.
For example, BTC had 50coins per 10 minutes block at the start, so reference
expected emission will be 5 coins/minute(c/min) = 5BTC/min. LTC - 50 coins
per 2.5min = 20c/min. 20c/min it's 4 time faster than BTC so expected maximum value
will be BTC_value/4. BTC-e(now): BTC 660$, LTC 19$ => BTC/LTC = 660/19 = 34(if this
will fall to 4 it will means that LTC has the moon. Why such old(rather),
rather computing stable and much preferable in long term (scrypt is more cryptographic
resistant due adding salsa20/8) currency were so undervalued?
The ansewer is simple: watch before - amatures with ATI videocards (businessmen will
not allow simple people to receive their easy money).
Now if we made this calculations on DOGE we get:
Doge expected emission: 1000000c/min => expected maximum value 5/1000000 =>
0.00000500 => 500satoshi ped DOGE. DOGE already has 100satoshies.
-------------------------------------------------------------
DOGE 1/5 of max against LTC 1/34.
And it is so even when DOGE not an absolute deflation
"yearsterday launced" coin.
------------------------------------------------------------- I'm not have anythyng against DOGE, but suspect that DOGEs' creator is
professional finansist and dexterous swindler(probably the same if financist
is good specialist, don't hear about him anything, only know he is real
person not like Satshi, so let's him doesn't take offense). He build
almost dollar-scheme currency on fresh MTV promoted popular meme and the
most important thing: He made people believe that everyone can be
millionaire (yea dogecoin millionare:)), creating the illusion of wealseness
by increasing amount of coins. It's very fast coin so people think they are
early adopters, while they not real early adopters. Real early adopters mine
those coin at first 24 hour, get those milliards and sell them last friday at
150satoshi/coin while most of investors was shocked of amounts (applying
LTC/BTC scheme subconsciously). Doge has many signs of PumpAndDump cath and
run scheme. But now the time of traders, who buy it, they keep it alive now,
not miners (miners only provide technical base).
The problem (relating to CAT) why i mention those multiple letters:
------------------------------------------------------------------
CATcoin is the scrypt Bitcoin so it's
expected max value(from calculations above) 1BTC
(if blocks will goes at 10min)
------------------------------------------------------------------ It's not mean that price will be 1BTC in near future.
I'm not a finantial specialist and
my "expected max value" purely technicall
relative papameter. If CATcoin go to cryptsy (everyone want it), it may be strong underpriced,
because of different amounts against DOGE (undoubtedly the market will place
everything in places, but..). It can be supported by not tecnically
competent traders and "rats, which run from the ship" which want to sell all their
early mine to quicly take income (the "rats" is more sirious problem).
Early
adopters must believe in CAT or at least show they believe or it will be CATastrophe.The launch wasn't CATastrophe, i think it looks like perfectly directed intrigue.
I think CATcoin don't need speculations now it needs promotion(doge made half of a deal)
and HASHRATE.
------------------------------------------------------------------
CATcoin needs hashrate
------------------------------------------------------------------P.S. How price (averege in the hospital) now?
That's all, hope i will not be banned by "doge lobby
".
Try again.
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