Most undervalued cryto today.

in cryptocurrency •  9 years ago 

Looking through and reading all the threads daily for years on BTC some coins are way under fair value.

I will be looking each week and finding one hidden gem with reasons why it is undervalued.

My first pic is bitbay. It is actually every bit as good if not better than sys coin and is at 60sats. This coins fair price is at the very least 1000sats. Get in before the pegging. Do your own research first. However this is my pic for this week.

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How do you base your valuation?

I'm comparing to syscoins market cap. Both projects offer practically the same functionality with bitbay having superior scaling potential and more robust pegging (these details one should investigate for themselves)
I would say both projects are undervalued with regard what they offer compared to other coins in the top 20.
Both projects are worth a 5m min cap in my estimation.

This is meant as a tip of interest only to draw attention to over looked currencies that I think have a good probability of bringing returns.

If other people have tips for other currencies please add them. This is not meant to be a pump thread for one particular currency.

I understand that. I'm interested in a method to form valuations of coins. What metrics are the best to look at? I think everyone can agree that market cap is basically meaningless without some other measurable, I'm thinking something like hashing power or blockchain security. Am I missing something?