seriously 300 million sonm is in the possession of just 100 people?

you mean 2 years ago it was 4$. Now, even so, they wouldn't want Sonm to be centralized because there's only big bag hodlers who can afford a masternode, but it wouldn't be smart to have too many masternodes either. I think the minimum investment for a masternode would be 10K$, or about 50K Sonm. Time will tell, it has more to do with the technical side of the story than with what we think it will be. I'm sure we'll get clarity in the april rapport.

there's been a ton of video's, articles, threads about that question, just google it, there's no point in explaining it here again. The conclusion however has always been that sonm is more flexible and likely to be adopted, so it is the better investment choice. DYOR

I strongly believe SONM is going to go x20 this year, x50 before 2019 is over. Here's why:

Crypto mining is extremely expensive and energy consuming. Also, there are tons of companies outside the cryptoworld as well that need a lot of computing power to function, for example game servers, movie studios, research and development centers, scientific institutions, ... If SONM could power those markets through the network, it would save the world hundreds of billions a year.

Their whitepaper is the greatest one I've ever read, very detailed and clear.

The team is very skilled, active and transparant.

They've got a few great partnerships (dbrain, selectel, strorj, Aion, hacken, ...) and they're part of the open fog consortium and cloud28+ program.

My biggest argument however is the sheer lack of exposure and following this coin currently has, which is about to change; they're going to be speaking at the coindesk consensus event this may 17th. Last years consensus event sparked the december 2017 bull rally. As you know, some companies like IOTA spoke at the event, resulting in massive gains.That time, about 2000 people were in attendance. This year, Sonm will be among giants like VeChain, speaking to about 4500 people. The good thing about the consensus event is that it's barely a few weeks before Sonm crypto mainnet goes live in June. This will show non-crypto companies what sonm can do, which will get them excited to join the general mainnet going live in august. I believe this also will trigger incredible gains.

My estimates are that we'll see Sonm go x10 from here on out before june is over, and x20 before this year is over. What do you guys think?

Also, always DYOR, I've spent a lot of time reading about sonm and following them on all possible media, but that doesn't mean you should blindly follow my reasoning.

edit: I posted this in the wrong thread a few hours ago so you might see it twice.

I strongly believe SONM is going to go x20 this year, x50 before 2019 is over. Here's why:

Crypto mining is extremely expensive and energy consuming. Also, there are tons of companies outside the cryptoworld as well that need a lot of computing power to function, for example game servers, movie studios, research and development centers, scientific institutions, ... If SONM could power those markets through the network, it would save the world hundreds of billions a year.

Their whitepaper is the greatest one I've ever read, very detailed and clear.

The team is very skilled, active and transparant.

They've got a few great partnerships (dbrain, selectel, strorj, Aion, hacken, ...) and they're part of the open fog consortium and cloud28+ program.

My biggest argument however is the sheer lack of exposure and following this coin currently has, which is about to change; they're going to be speaking at the coindesk consensus event this may 17th. Last years consensus event sparked the december 2017 bull rally. As you know, some companies like IOTA spoke at the event, resulting in massive gains.That time, about 2000 people were in attendance. This year, Sonm will be among giants like VeChain, speaking to about 4500 people. The good thing about the consensus event is that it's barely a few weeks before Sonm crypto mainnet goes live in June. This will show non-crypto companies what sonm can do, which will get them excited to join the general mainnet going live in august. I believe this also will trigger incredible gains.

My estimates are that we'll see Sonm go x10 from here on out before june is over, and x20 before this year is over. What do you guys think?

Also, always DYOR, I've spent a lot of time reading about sonm and following them on all possible media, but that doesn't mean you should blindly follow my reasoning.

a dash masternode is worth about 400k dollars. a vechain masternode is worth about 30k dollars. I doubt a sonm masternode would be worth a measly 2k dollars. it'll be at least 50k sonm, probably even closer to 70 or 100k

it'll probably be more than 50K

1. Tried to create SONM wallet - no luck
(missing options in website, totally different from the guide,
missing "get test tokens" missing option to view own address)

2. Tried to configure Hub, evrything is very fragmented.
Wallet, which is actualy on the web (no info if
I can use MYEW and add a SONM token to it).

Different exe for hub (and probably worker)

No GUI, config file is just a bunch of text and is very unclear.
(an example file would be usefull, better formatting too)

It looks that for a person who never did this it would take hours to
read all the guides and attempt installing and configuring.

[/quote]

I understand it's frustrating but this isn't the finished product. basically they're guides on how to use the prototype, which is just the backend of the unfinished product. Once the main net goes live, it'll be a lot easier to work with the network. User friendliness is the most important thing, I'm sure the team is aware of that.

Also, its quite easy to use MEW as a Sonm wallet, as it works for all ERC20 tokens.

awareness doesn't mean anything when the product is unfinished. They're doing the smartest thing any business can do, which is underpromise and overdeliver. In this market, most businesses do the opposite. Sonm will prove this july that they're a massive sleeping giant, probably rising up to the 1 billion dollar marketcap before august. After august, i predict a sell off, causing prices to drop back at least 30%, but I'm fairly confident we'll end this year over 2 billion in total cap, with each coin being worth well over 5$.

They way I determine how much companies can be worth, is estimating how much money they can save other companies. Sonm can save the cryptomarket billions a year in mining costs and data processing. Imagine how much they can save universities, research centers, data centers, rendering companies (gaming, video, cloud), ... It's up to the hundreds of billions. I'm fairly certain they can make up a few percent of that market.

exactly, the hacken partnership only strengthens the product we were already expecting, it doesn't add any new features so it won't affect the price directly. It will affect the price by bringing more confidence to big corporations who consider using the network.

https://www.coindesk.com/events/consensus-2018/speakers/

Igor and Aleksei are both speaking at the consensus event! Back to 0.7$ before may ends? 7$ before the year ends? Yes to both

I wonder how the release of the Golem Brass beta will impact Sonms development and growth. I think it'll draw more attention the the cloud computing crypto market, and it'll provide some competition for Sonm, so the release will probably affect sonm in a good way. I seriously can't wait until august, it's highly unlikely we won't see another x50 rise, shittier companies have blown up with smaller news

It says adbank 1.0 launch in summer but you expect it to be ready by may? Lol

if you don't see anything you clearly haven't been to the website, you don't follow them on twitter, you haven't seen any of the q&a's, don't follow the cloud28+ program, don't understand what a testnet is, don't know about hacken or selectel

Indeed the consensus event. Last years events sparked two bull runs, including the november 28th one, which is the biggest bull run ever in crypto. Also, during that time a lot of people get their tax returns, which is new money to invest. Third, the dollar is under massive stress right now, so wealthy people might look for another store of value. Most of those people are smart enough to realise the potential crypto brings with it, so they might move some of their millions into the cryptomarket. A lot of 'mights' and 'coulds', I know, but with all these amazing upcoming projects (AdBank, SONM, VeChain, Verge, ...) another bull run isn't too far away. We're at the start of a new era of IT giants, none of which have even gotten kinda close to their full potential, so smart money is now buying what stupid people are now selling. Think of it, people are actually selling the tokens for an upcoming global supercomputer (SONM) for less than 10 cents right now, and the tokens of a global blockchain based advertising network for close to 1 fucking cent lol. Most people are stupid, which is why most people are also poor.

https://www.reddit.com/r/CryptoCurrency/comments/84uzgi/this_is_why_the_next_bull_run_can_start_the_14th/

Projects need more than hype during a bear market. If they had released the beta 6 months ago, we'd be at 0.2$, but today the markets are different. When the next bull run starts, probably may 14th, adbank will ride the wave and go up to 0.1$

I think the hype starting from june up to august will cause it to go up and over 1$ easily, but after that it'll drop back down a bit. After that drop prices will start climbing up organically as more and more companies start paying 'rent' on the network in sonm tokens. By the end of this year I think we'll be at 2$, by the end of 2019 we'll be at 10$ easily.

Another milestone reached, great job team!!

SONM has the potential to go x100. It's got a working testnet with the livenet coming out near june/july/august.

I believe that's when we'll see the entire market go up again so somn will ride the wave as well. We'll see 1$ before august, which would be x8 from the current price.

After august, we'll see more and more big companies (game developers, tv or movie studios, universities, ...) flood the market to buy that cheap computing power, bringing prices up to 2$ by december '18.

Next year, prices will start at 2$, before dropping back to below 1$ at the early year crash (which happens every year), followed by a gradual rise up to 5$ before august '19.

I believe a massive partnership will be announced by november 2019 which will catapult prices up to 12$, which would turn sonm into a 5 billion dollar project (which is peanuts compared to the overal market/cloud computing market).

you'll find the answer to your first two questions here https://coinmarketcap.com/currencies/adbank/
Why you didn't start with googling adbank is beyond me.

The development is at betaphase currently, with a working product coming out within the next few days/weeks.