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Author Topic: When will Ravencoin hit $0.10 ?  (Read 262 times)
Cryptorwellian (OP)
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March 09, 2019, 11:03:00 AM
Last edit: March 09, 2019, 12:57:43 PM by Cryptorwellian
 #1

Ravencoin did so well last week, even during dips it kept going, almost like Enjin.

Week ago $0.02, currently at $0.03

It looks quite solid, a very nice project with loads of potential.

What do you think ?

$ 0.10 soon, or does it need a bit longer ?

more info
https://ravencoin.org
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March 09, 2019, 11:18:12 AM
 #2

Ravencoin did so well last week, even during dips it kept going, almost like Enjin.

Week ago $0.02, currently at $0.03

It looks quite solid, a very nice project with loads of potential.

What do you think ?

$ 0.10 soon, or does it need a bit longer ?

I think it will take a lot longer. Keep in mind that the market is still bearish and to grow 3-5 times in these conditions is too unlikely task for any coin. Most likely, after such a good growth (~50%), a strong bounce back will follow soon.
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March 09, 2019, 11:18:56 AM
 #3

In fact no one can tell. There is a lot of hype around RC and ENJ, both are shilled throughout the community. I personally dont think that RC will reach 0.1 in the near future, I simply dont see the fundamentals why it should!

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Galantin
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March 09, 2019, 11:20:58 AM
 #4

I think with a little bitcoin growth. A coin will be able to penetrate this much faster. Now its price can stay on this position. As soon as the market starts to grow, it will quickly reach $ 0.1.

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Cryptorwellian (OP)
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March 09, 2019, 11:31:37 AM
Last edit: March 09, 2019, 12:58:18 PM by Cryptorwellian
 #5

In fact no one can tell. There is a lot of hype around RC and ENJ, both are shilled throughout the community. I personally dont think that RC will reach 0.1 in the near future, I simply dont see the fundamentals why it should!
Hype ?

Enjin will be used exclusively in new Samsung phones.

Ravencoin is one of the best ways to do transfers of assets and securities.

They are both solid, working products.

Enjin uses RAID, and is lightning fast, Ravencoin is fully ASIC resistant.
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March 09, 2019, 11:45:20 AM
 #6

i keep telling people for a couple of years that times like this are like a gold mine in altcoin market!

bitcoin is currently stable and is getting ready for a big rise to the moon like 2017 but until it starts rising, day traders can not make profit from its stable price. so what do they do for profit? they go to smaller altcoins with low prices and low ranks in coinmarketcap and start pumping them big time and make lots of profit from them.

then as soon as bitcoin started its rise they dump all the altcoins which is why altcoins crash each time bitcoin rallies.

Holding Bitcoin More Every Day
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March 09, 2019, 11:55:43 AM
 #7

Ravencoin did so well last week, even during dips it kept going, almost like Enjin.

Week ago $0.02, currently at $0.03

It looks quite solid, a very nice project with loads of potential.

What do you think ?

$ 0.10 soon, or does it need a bit longer ?



You know that there are more than 2000 coins or token in the market. If we knew when the prices of these crypto assets would rise, none of us would be here. I think we'd be enjoying the richness.

Cryptorwellian (OP)
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March 09, 2019, 11:56:05 AM
 #8

Raven Coin is a coin that uses the x16R algorithm. The coin was designed to be a cryptocurrency that is ASIC resistant. ASICs are specialized hardware that can mine a specific algorithm way faster than GPU mining, and are much more efficient as well.

The main argument against ASICs is that it creates a more centralized mining experience, since ASICs are more expensive and harder to get compared to a GPU or CPU so the hash power is concentrated in the hands of fewer people.

The x16R algorithm, is unique because it uses 16 different algorithms that are randomly selected based on the hash of the last block. Because of this, the order is always random, making it very hard to build an ASIC for. This unique algorithm is one of the reasons Raven coin has grown in popularity.
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March 09, 2019, 12:10:35 PM
 #9

Ravencoin did so well last week, even during dips it kept going, almost like Enjin.

Week ago $0.02, currently at $0.03

It looks quite solid, a very nice project with loads of potential.

What do you think ?

$ 0.10 soon, or does it need a bit longer ?



You know that there are more than 2000 coins or token in the market. If we knew when the prices of these crypto assets would rise, none of us would be here. I think we'd be enjoying the richness.
And no one will lose money in this market, which is for sure if we can predict future prices. However, for ravencoin, I think it will not increase to above $ 0.05

Cryptorwellian (OP)
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March 09, 2019, 12:21:29 PM
 #10

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However, for ravencoin, I think it will not increase to above $ 0.05

Hmm, that's still 100% up then compared to last week.

I am testing the wallet here right now, it works very well, and the speed is very fast for such a secure algorithm.

I expected it to be way slower with the x16R protocol, but it just performs like it's not there.
Nolimitz84
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March 09, 2019, 12:34:18 PM
 #11

Raven Coin is a coin that uses the x16R algorithm. The coin was designed to be a cryptocurrency that is ASIC resistant. ASICs are specialized hardware that can mine a specific algorithm way faster than GPU mining, and are much more efficient as well.

The main argument against ASICs is that it creates a more centralized mining experience, since ASICs are more expensive and harder to get compared to a GPU or CPU so the hash power is concentrated in the hands of fewer people.

The x16R algorithm, is unique because it uses 16 different algorithms that are randomly selected based on the hash of the last block. Because of this, the order is always random, making it very hard to build an ASIC for. This unique algorithm is one of the reasons Raven coin has grown in popularity.

Thanks for reminding me what that coin is.Perhaps this coin has a bright future, but the price can not predict what it will be.To be honest out of the TOP 100 all coins have a chance to give x10. Today Raven Coin is on the 54th place and therefore her chances are very high.



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Cryptorwellian (OP)
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March 09, 2019, 12:55:06 PM
 #12


Thanks for reminding me what that coin is.Perhaps this coin has a bright future, but the price can not predict what it will be.To be honest out of the TOP 100 all coins have a chance to give x10. Today Raven Coin is on the 54th place and therefore her chances are very high.

Ravencoin is not just another altcoin like so many out there.

It was created by over 400 Bitcoin developers, specifically to keep it out of the hands of big mining rigs (ASIC resistant)

So it's an opensource Bitcoin spinoff, with a tremendous value if you look into it and research.


Mark my words... Today it will go from $0.03 to $0.04

There's a little resistance, but those are just glitches, it has run out agains BTC all week, i'm confident it will keep going up.
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March 09, 2019, 12:55:55 PM
 #13

Ravencoin did so well last week, even during dips it kept going, almost like Enjin.

Week ago $0.02, currently at $0.03

It looks quite solid, a very nice project with loads of potential.

What do you think ?

$ 0.10 soon, or does it need a bit longer ?

If a project have good potential in the future, the price will really increase but if you want to reach the price of $0.1 you need to support that token. Maybe in the next few days or months you will see a big pump of that token so you just need to wait.
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March 09, 2019, 01:15:12 PM
 #14

I don't know anything about Ravencoin but people should stop asking about price increase of the coin they are holding, it's not going to happen as long as Bitcoin is down, all altcoins rely their success on Bitcoin price and achievement and this applies to all altcoins in the market.

Cryptorwellian (OP)
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March 09, 2019, 01:23:31 PM
 #15

CEO of Binance on Twitter :

Project Raven / RVN / Ravencoin
‏ @Ravencoin

A big shout out to @cz_binance & the great builders at @binance!

Raven is decentralized & has never paid listing fees to any exchange.

There isn’t even any person to pay or officially request it.

Binance understands open source & supported this.

https://twitter.com/cz_binance/status/1102048149391069184
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March 09, 2019, 01:31:05 PM
 #16

I don't know anything about Ravencoin but people should stop asking about price increase of the coin they are holding, it's not going to happen as long as Bitcoin is down, all altcoins rely their success on Bitcoin price and achievement and this applies to all altcoins in the market.
Exactly. We should stop asking questions and look at the prices of BTC. If BTC can go up to $ 10,000, surely Ravencoin will go up $ 0.1
Cryptorwellian (OP)
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March 09, 2019, 01:36:26 PM
 #17

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Exactly. We should stop asking questions and look at the prices of BTC. If BTC can go up to $ 10,000, surely Ravencoin will go up $ 0.1

Ravencoin outperformed BTC for over 8 days
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March 09, 2019, 03:13:42 PM
 #18

some resistance to overcome... it will get through slowly
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March 09, 2019, 08:32:22 PM
 #19

It is very difficult to determine. Do not forget that the cryptocurrency is quite unpredictable and you cant guess where it will go. But her height looks pretty good, so maybe you're right.

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March 10, 2019, 09:10:12 AM
 #20

If you have been in the crypto space for a while now, you will see that it is very hard for anyone to predict what the price of a coin would be in the future, even crypto experts that have been trading for years also fail to give accurate predictions about the price of a coin.

My advice to you is to check the usability of the coin or token and you will be able to predict a bit of whether the price of the coin is going to get to the price you are talking about or might never get to that price.

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