50H/s is about 4.3 ETN /day





Not scam, but overvalued

doubt.

"
My price prediction: given that there's no data, yet, to analyze, I think we will come out of the gates between $0.10-$0.50. Give it a week or two and we will be in the whole dollar range of $1.00-$5.00.
@10/24/2017 8:56 PM
"

And here we are at $0.03, and it will be much lower.

see you
in december with 10k per btc

every day I am hearing about bubble, reading old articles and posts 10 years old - everywhere "bubble" yet this bubble didn't explode. Go say it to guy who bought monero for 50k last year, tell him "bubble" and watch him laughing at you

https://i.imgur.com/JhICbTJ.gif

yep I am lastly trading with only one coin. risky, but I have mostly huge profits. Now I am in RDD, for weekend-fun-risk, even small jump in cap means 6%, and I am ready to loose 20%.
However I always have a 50% backup in BTC

Amount of money as good as any other. 0.01 BTC is my base of investments - it is amount I am placing for a day trading.

With so small amount you can go to RDD find when it has low value, buy and sell for a price 1 point higher multiple times (10 times and you will be 20-40% more) Or wait for it to be 0.00000026, buy and wait. Soon you can double. Then split it to multiple FLO is good, SYS is good, XVG is good, also INFX seems to be nice. Choose one. Hold it for longer time or cut at 10% profit and move on to another.
I've started with $200 in two weeks I got $4000. But it needs a lot of patience and force you to be full time watching. When you will get bigger amount - then true fun begins.

You can take every single timeframe and say something similar. Who knows, maybe next year for future generations even last may will look like good option to invest, what if all markets gets 10x? Guy didn't know it in January, so it was same risk.

BTW best idea is to cut profits, lets say sell 10% and rethink next investment.

Lets say you invested in 50 coins 0.1 BTC each in 2016. if you lost 100% on 40 of them, 9 isn't changed, and 1 for example was NEO, you already have profit, NEO had 58x (if you sold it in semptember).
So you started with 5BTC and in the end you have 6.7BTC (40*0 + 9*0.1 + 1*5.8 )

It is unlikely that 40 coins that will loose if you are buying on dip. Some of them may have some nice profits. So it should work.

mcap
"Market capitalization refers the total dollar market value of a company's outstanding shares. Commonly referred to as "market cap," it is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determine a company's size, as opposed to using sales or total asset figures.
Investopedia"

max suply total available/minable coins
circulating supply the amount of coins in circulation also amount of coins stored somewhere

If you will make a simple script to monitor those values on markets you will see that:
1. mcap/circulating supply is equal price, price on markets sometimes reacts faster than change in cap, sometimes slower, but like with RDD for example, you can see huge 100% jump in mcap and price is changing few minutes later. Why? Because there will be more offers with higher price, however not every one will be able to react with changing offers fast enough.
2. if supply is raising and mcap is not raising - price will drop
3. if they are burning coins so supply will fall - price will raise

Shortly yes it is true for short term, because markets are reacting slower. It is not always working, there are many other things that impact price.

Now imagine - there is 1000 coins and people wants to pay 0.00001 BTC for one, and for some reason new amount of 1000 coins appears, from ICO or mining, and people just want to make cash instead of investing, they are selling it lower than price - mcap will fall and supply will raise. The funny thing is those rules I am using for middle and short term trading, are working very good for coins that are mostly traded on bittrex (90%+ volume on bittrex).

But it is something you can refer to. You can for example take a company which is selling coin at $0.01, predict that there will be 1bln coins when they will enter to markets, and predict value of company. 10mln cap may be too low or too high, however, if company in eyes of investors isn't worth more then 10mln the price will be oscillating around mcap/supply, otherwise price will drastically raise, because people will be selling for a price they think is valuable enough. But new coins supply on market doesn't mean that company value is now for example doubled, rather that coin price will be dropping to around 50%. Similar when you are predicting that company and its solution is undervalued, and is worth twice, however you are also predicting that coin supply will raise 4x, there is no way that coin will keep it price, it will drop ~50%.

Another thing that I noticed, if mcap for coin is based on BTC or resources are stored in BTC, it will also impact price when there are changes in BTC. Because when 100 coin is worth 0.1BTC - it means $400 for the rest of the world, when BTC drops 10%, mcap staying at 0.1BTC will be worth $360. So the price will fall too. You can see this as relation of altcoins to BTC changes, some are raising some are falling - IMHO it depends on what currency MCAP is based on. USD based will raise, BTC based will fall, some companies can change once for a while this relation, so coin following BTC will start to behave in opposite way. So there you can see that when BTC is drasticaly raising, those coins will raise with formula BTC raise x coin raise. This is what happend around march-may this year.

Watching markets you can also notice, that in some magic way if mcap is changing all the offers are reacting. How it is possible that few hundred people on earth react similary in same time (in seconds)?

All of those are my own observations, and I am using it in trading very successfully.




 

Ok I dont get it. To have $0.01 price you need to have $63 000 000 cap. Currently there is $3126462. If you will not get 63bln and enter to exchanges, what will be the price? Lower then $0.01?

to get 10x it needs 630 000 000 cap
to get 100x it needs 6 300 000 000 cap
to get 1000x it needs 63 000 000 000 cap

but it is only for crowdsale, then with 15 billion
to get 10x it needs 2 100 000 000 cap
to get 100x it needs 21 000 000 000 cap
to get 1000x it needs 210 000 000 000 cap

and values bigger than 100x seems pointless, 1ETN higher than $0.01 may be useless in microtransactions

They are fighting to get into Bitfinex. This may be part of doubling cap. About rumors: there are many rumors around RDD like facebook or yt integration.

yep, IF it will land in top 3 sometime in future 6.300.000.000+ cap to rich $1




yes it is, 140 now, in 2 days 130 and so on to 100

delisted? I am playing with it now on bittrex only today just got 70% and I love this coin

capital = 324.36023964 BTC =~ 1227140,3 USD
total supply = 21,000,000,000

capital/total supply= 0.000058435 USD

but you do not know how much is now in circulating supply/to sell, friend told me that it is about 15,000,000, but I am not sure about this information, but in this case
capital/circulating supply= 0,08181 USD

They are selling with price:

1BTC = 527993ETN = 3771,38 USD

3771,38/527993 = 0,00714 USD = 0.000001893964503317279BTC

that's your price with 40% bonus

edit

6,300,000,000 for 0.01$ ?

currently 1227140,3/6300000000 = 0.0001947841746031746 USD

cap is raising rather nicely, but in other words, if you want it to be 10x capital should be 630 000 000 USD without mining additional coins, so position 15 just below LISK

I've told you this before - banks not China. They are spreading stupid articles and bullshit news around, they are doing only thing they can - cheating.

Why not? You will have same prices for things all around world, you dont have to play with fiat exchanges (which are shitty), and amazon isn't adopted globaly, only in some regions.
Go to amazon.pl, amazon.cz you will end on amazon.de. Now try to pay in your countrys currency or guess what is a price (hint: it depends of bank you have account).

Very short term trading works great in my case. But there are few rules
1. dont be greedy
2. have a reasonable target (for example 10% in week)
3. be very active
4. it is better to have solid 1% than 10% at high risk

Using those rules - every coin can work, just read a lot of news and monitor things and stuff. Also do not leave money in altcoins for a night.

Most coins dropped today. BTC dropped. Do not panic because of one day pump&dumps.

In long term this coin has only one direction - top.

BTW today started sale for GBP because world is going to move assets from GBP to other currencies - and crypto, so it is pumped, while BTC is dumped - it means IMHO there is coming huge injection of capital into cryptos soon(tm).

For sure you need UI designer.

yeah I was investigating it some time ago:

http://www.highya.com/palm-beach-research-group-reviews