I found this site looking for a better way to search patents. Now I am very interested in cryptocurrencies. I read somewhere that Ethereum is expected to reach over 200,000 in the next two years. My Question is does Ethereum’s value effect Loci Coins value and/or visa versa?
Bitcoin could hit an amount like this in the next 10 years. However Ethereum (Ether) which has 4.5 times as many coins as Bitcoin would have a hard time getting to $200k USD. First that would mean that the costs of utilizing Ether to create Smart Contracts would be far to expensive to execute. Plus unlike Bitcoin which has a cap on the total amount of Bitcoin created ever at 21 million, it automatically creates built in anti- Inflationary measures under 'Moores Law'. Ether will become a staking coin under 'Casper' thus not have a hard capped limit these features then become slightly offset although 'Moores Law' was surely seen mining Ether however that will change when Ethereum moves to 'Casper'. Although like I said $200k is a bit high for Ether but even if it did happen it would hardly have any effect on an autonomous coin on the Ethereum Blockchain other than providing a secure Network for the LOCI Layer to function.