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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚒ Syscoin -Active Lightning Networks!Decentralized Business Blockchain Platform! on: September 10, 2017, 07:31:21 PM
Hi,

I'm new to the forum and registered to give you my assessment of Syscoin. The idea, team, execution and transparency are exceptional in the alt coin community! I really appreciate your work.
I'm looking at it from the business side and by the numbers, that means the current price of $0.28, the available amount of units (ca. $526m), the market share of Syscoin (ca. $150m) and the top 11 (ca. $1.1b - $69b) on [coinmarketcap]https://coinmarketcap.com/currencies/views/all/#USD with Bitcoin as the monopoly. It's realistic for Syscoin to draw funding from new investors and other alt coins in the next year and rise to the price of $10.
That would propel it into the top 11 with a market capitalisation of around $5-7b. To enter the top 2 it needs a market cap of ca. $50b and requires a price of $100.
I don't think that is possible within the next year. My two main reasons:

1. Bitcoin dominates everything in the coin market, no matter what happens. It's the most trusted entity, that means you can exchange real currencies to Bitcoins very fast. No currency can beat that. Syscoin can only reach the price of $100, when the overall market cap of crypto currencies rises by the amount of $100b, as Bitcoin is still getting mostly the other half of the $100b as the gate keeper.

2. The global market cap of the top 100 R&C (Retailers and Consumer Goods market, which Syscoin is targeting) [source, page 11]https://www.pwc.de/de/handel-und-konsumguter/assets/pwc-analyse-top-100-2015.pdf was around $5000b in 2015. With 0.1% or $50b market cap Syscoin/Blockmarket would enter the top 20 [source, page 13]https://www.pwc.de/de/handel-und-konsumguter/assets/pwc-analyse-top-100-2015.pdf of the global top 100 R&C, which in all due respect to the work of the Syscoin team, would be a miracle within a year even in the unicorn crazed start up world.
Scaling a business is hard and requires a good tech stack (which is present), magnificent management, excellent HR, and a big portion of luck.

This won't happen in the next year, maybe in the next 5-10 years. As a comparison, it took Amazon over 20 years to become the behemoth we know now.

I've bought some amount of Syscoin and I'm in for the long run.
And as always: just my 0.2 Sys.
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