DEM V2 is German BitcoinIn my opinion, the price will beat LTC, in the coming years.
If only people who are familiar with DEM since 2013y. would learn that we have DEM V2 with halving every 500k blocks, and currently it's 25 DEM every two minutes. The price would already be much higher.
Explorer:
https://chainz.cryptoid.info/dem/After halving there will be 12.5 DEM left and after another 500k blocks 6.25 DEM.
DEM will manage to overtake BTC with coin deflation + PoS of 3.8%.
This will be a HIT in Germany.
I think there is a very good chance that by the halving of BTC, the price of DEM will already be so high that miners will turn on ASICs for DEM.
Currently it is already 2PH/s
It's important to remember that DEM is 10 years old, and this is the first time that the DEM team has had the money to develop the project, and the DEM Team consists of a community centered around the project.
It will get interesting when the Germans start exchanging the old Deutsche Mark at the Bundes Bank and buy DEM with the EUR they receive
There are 12'000'000'000 DM to be exchanged
Which is: 6'000'000'000 EUR !
You know what the rate of DEM will be, as those who have old DM will realize that they can buy DEM by exchanging old DM from their cabinets.
I see it like this:
1 threshold - beating the valuation of the old DM that is 0.51 EUR [Bundesbank]
2 threshold - is to overcome 1 EUR
3 threshold - is to beat the price of LTC, today it is 58.8 EUR
4 threshold - is to beat the price of 100 EUR
5 threshold - after crossing the fourth threshold DEM will not stop anything anymore:
To the Mars !I will leave this post, let it get old for those who will read it in a few years.
Today the price of DEM is: 0.0047 EUR
