Thefrolly
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Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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February 17, 2017, 01:51:36 PM |
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I have a such a gut feeling that I am gonna be so sorry for selling half of my small stash of pio"s a yobit. I sold half a month ago and that was a big mistake for me.
Well, at 80k sat the valuation is fairly low. I took Liqui for for my own calculations, and it seems new exchange can get ca. 100 BTC volume daily in its early days. It would give some 7.5 BTC comissions monthly, so at BTC=$1k, and current cap of $170k, it gives P/E=22.6. If the volume will be increasing quickly, then market cap can easily end up at $1-2M. if you take 100 BTC for volume i get only 0.0000005 Btc for each token per day if you go for 0.25% tradefees, i think its overpriced atm., ofc. if it brings volume like bittrex than it would bring roi under 1 year, but that would be what in 5 years. Hrmmm - 100 BTC x .25% = .25 BTC / 207,000 PIO = .00000120 Satohis per share. So if you have 20,000 pio shares you would get - .00000120 x 20,000 = .024 BTC per day? Please check my math. I am slow in that department! but only 40% go to shareholders
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tomkat
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February 17, 2017, 04:27:37 PM |
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I have a such a gut feeling that I am gonna be so sorry for selling half of my small stash of pio"s a yobit. I sold half a month ago and that was a big mistake for me.
Well, at 80k sat the valuation is fairly low. I took Liqui for for my own calculations, and it seems new exchange can get ca. 100 BTC volume daily in its early days. It would give some 7.5 BTC comissions monthly, so at BTC=$1k, and current cap of $170k, it gives P/E=22.6. If the volume will be increasing quickly, then market cap can easily end up at $1-2M. if you take 100 BTC for volume i get only 0.0000005 Btc for each token per day if you go for 0.25% tradefees, i think its overpriced atm., ofc. if it brings volume like bittrex than it would bring roi under 1 year, but that would be what in 5 years. I'm not talking about dividends, but valuation of the coin. And actually I did mistake in the calculations, as I did it for one month only, so correct valuation of the coin is Profit = 100 BTC (daily volume) * 30 days = 3k BTC * 0.25% (trading fees) = 7.5 BTC * 12 months = 90 BTC (profit in the first year; without any monthly volume increase) P/E (@BTC = $1k) = $170k/$90k = 1.88 which is extremely low (stocks are valued at P/E=20-50 or even higher)
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pokeytex
Legendary
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Activity: 1504
Merit: 1002
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February 17, 2017, 11:25:36 PM |
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Damn the action on Yobit is SWEET!!! Peeps are getting pumped I think!
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puremage111
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February 18, 2017, 12:34:01 AM |
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Yea its a great sign tho, 1.x+ volune trades in a day, Lets move on Is it possible for the price to reach $10 per pio? Since only 200,000 Pio is available
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overthetop2011
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February 18, 2017, 08:16:45 AM |
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Yea its a great sign tho, 1.x+ volune trades in a day, Lets move on Is it possible for the price to reach $10 per pio? Since only 200,000 Pio is available If Pioneershares exchange works stable, 10$ per PIO is a reasonable and possible price I think.
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BanzaiBTC (OP)
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Activity: 1526
Merit: 1002
Chipcoin Developer
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February 18, 2017, 09:30:32 AM |
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I have a such a gut feeling that I am gonna be so sorry for selling half of my small stash of pio"s a yobit. I sold half a month ago and that was a big mistake for me.
Well, at 80k sat the valuation is fairly low. I took Liqui for for my own calculations, and it seems new exchange can get ca. 100 BTC volume daily in its early days. It would give some 7.5 BTC comissions monthly, so at BTC=$1k, and current cap of $170k, it gives P/E=22.6. If the volume will be increasing quickly, then market cap can easily end up at $1-2M. if you take 100 BTC for volume i get only 0.0000005 Btc for each token per day if you go for 0.25% tradefees, i think its overpriced atm., ofc. if it brings volume like bittrex than it would bring roi under 1 year, but that would be what in 5 years. This is not correct.. You are forgetting price rises. Since we pay out in PIO, there will be constant buy pressure on the markets.. I think you can imagine what will happen once we get our buys from fees in place... Eventually there's a really thin order book left on the sell side.. Also don't forget that both seller end buyer pay fee...
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Woody20285
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Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
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February 18, 2017, 12:06:23 PM |
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Every calculation I see is different so, I will throw mine in. If.....$100 BTC/Day & $1,000/ BTC & 300 days trading per yr (conservative) = $30,000,000/Yr x .0025 Buy and .0025 Sell = $30 MM x .005% fees = $150,000 fees per yr. x 40% to Shareholders = $60,000 to shareholders per year Divided by approx. 200,000 shares = 30 cents US (30,000 sat) per share per yr. = 100 sat per day per share using the same 300 trading days.
At today's prices it might be expensive (not that 5 years ROI = 20% is expensive). As Banzai pointed out, the guesswork does not consider the buy pressure that a portion of the fees goes to.
As an exchange shareholder, you do not care which way the price of coins goes. You just want volume. Like always time will tell. I am always a buyer on dips and dumps but, the 150,000 sat price slowed me up. Now, I wish I had invested more during the ICO. Thank you Banzai for letting us participate in your exchange.
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ChrisPop
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Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
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February 18, 2017, 04:15:19 PM |
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Let's not forget that mining pools will also be integrated into the exchange. There is also the merchant payment gateway and roullette integration that will also generate some income. If Banzai continues the hard work and will be able to stick to the roadmap we could see PIO one of the most valued coins and the end of the year.
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Ryan Dugan
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February 19, 2017, 03:10:20 AM |
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How is the profit share and pos rate worked out ? These graphics are just for show right ? Just asking not bashing your coin.
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BanzaiBTC (OP)
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Activity: 1526
Merit: 1002
Chipcoin Developer
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February 19, 2017, 10:42:49 AM |
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How is the profit share and pos rate worked out ? These graphics are just for show right ? Just asking not bashing your coin.
For show? lol.. Not really... Strange post...
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Woody20285
Legendary
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Activity: 1218
Merit: 1002
Supporting DMD, ERC & PIO
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February 19, 2017, 11:37:00 AM |
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How is the profit share and pos rate worked out ? These graphics are just for show right ? Just asking not bashing your coin.
They are guess work by community members based upon our own assumptions coupled with facts in the Ann. Really none of it matters until the exchange is completed. Please do not buy any PIO based upon community guesses. I would like to accumulate a little more.
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coldfusion
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February 19, 2017, 11:55:51 AM |
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They are guess work by community members based upon our own assumptions coupled with facts in the Ann. Really none of it matters until the exchange is completed. Please do not buy any PIO based upon community guesses. I would like to accumulate a little more. [/quote] Oh no you dont , get back in line . The next PIO are all mine
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overthetop2011
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February 20, 2017, 01:46:10 AM |
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Good to see buying support is going bigger.
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whatsTheDeal
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Activity: 103
Merit: 10
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February 20, 2017, 02:32:10 PM |
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are there any bounties here? sorry if it was asked before!
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BanzaiBTC (OP)
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Activity: 1526
Merit: 1002
Chipcoin Developer
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February 20, 2017, 03:17:38 PM |
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are there any bounties here? sorry if it was asked before!
No, sorry... No bounties here..
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Godson_Mansa
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February 21, 2017, 04:04:38 AM |
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i want teh bouties banzai we was promised bounties
i do engrish translate now
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Shkembe
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Activity: 1560
Merit: 1001
Epic Private Internet Cash
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February 21, 2017, 07:05:36 PM |
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i want teh bouties banzai we was promised bounties
i do engrish translate now
I'm sure it would be remarkable translation!
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overthetop2011
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March 01, 2017, 08:51:51 AM |
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do we get a date for the Beta Launch? thanks.
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BanzaiBTC (OP)
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Activity: 1526
Merit: 1002
Chipcoin Developer
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March 03, 2017, 09:45:19 AM |
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do we get a date for the Beta Launch? thanks.
Between March 28-30..
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overthetop2011
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March 03, 2017, 01:17:18 PM |
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do we get a date for the Beta Launch? thanks.
Between March 28-30.. That is great, good job ,dev .
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