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Expectations from Monetha
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Topic: Expectations from Monetha (Read 1257 times)
CobraJ
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Re: Expectations from Monetha
September 11, 2017, 01:53:09 AM
#21
Quote from: myfranco on September 10, 2017, 10:58:14 PM
$200 per MTH would put it higher than ETH with around 50B Market Cap. It's not realistic.
Paypal's MC is higher than Ethereum's indeed.
Of course that's a long term projection if things had to go *really* well, but as of now at less than 30 cents it is a bargain.
A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
myfranco
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Re: Expectations from Monetha
September 11, 2017, 09:19:52 PM
#22
It is not easy to compete Paypal. I'm not saying it's impossible but it's far away from the truth.
CobraJ
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Re: Expectations from Monetha
September 11, 2017, 10:27:32 PM
#23
Of course it's not, that's why Monetha's market cap is still a thousand times smaller than paypal. The three T are in place though (team, timeline, technology) and the project is worth investing into before it hits major exchanges IMO.
A distributed system attempts to access an API data source, but since the nodes need not execute the instructions simultaneously, the data provided by the API can yield different results. Hence you need to build some kind of time to API value lookup table; formally called oracle.
myfranco
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Re: Expectations from Monetha
September 11, 2017, 11:06:06 PM
#24
Quote from: CobraJ on September 11, 2017, 10:27:32 PM
Of course it's not, that's why Monetha's market cap is still a thousand times smaller than paypal. The three T are in place though (team, timeline, technology) and the project is worth investing into before it hits major exchanges IMO.
I totally agree about being worth investing.
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