SUMMARY
When I had recommended VERGE at around $0.009; many thought I was crazy as it had such a high coin count and that compared to Bitcoin, it supposedly did not measure up. Well, VERGE surged to as high as $0.29 or 32x profit!! So, I now present DCN with a 46x profit potential as shown in the below chart. It's clearly correcting and it could be labeled as an a,b,c or an a,b,c,d,e traingle...it matters none. This coin has some great price destinations to hit as shown by the Elliott Waves.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
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If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**
First?
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DCN? wow...although i’ve been a loyal follower of Haejin but this time it’s not easy to take in
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Bitshares wasn't a real ground floor opportunity but pretty close and look where that has gone. I have not done any research on this so its unlikely to be a keeper (research may prove me wrong). But well worth a small allocation as the upside is huge with limited downside risk.
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It's at a $1.6B Market Cap.... a coin for dentists... at $1.6B.... Color me skeptical.
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A coin for dentists? To do what? It sounds like another coin with no real use case but that does t mean it can’t reach ridiculous valuations! I would definitely research it properly before investing and then may consider it more of a bet than an investment.
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I felt the same @grizgal & @jasonyoakam, but after further spending time researching their website and looking into the partnerships they are making etc, I actually see an incredibly HUGE industry ahead if the blockchain revolution is truly going to turn the world upside down.
Just the other day a big Dental Clinic in Australia just joined up and they are all really excited about its potential.
I believe the big themes for Dentacoin are to create a Dental Industry you can actually TRUST through their blockchain global review system, to create an environment that encourages patient AND dentists to aim for focus on prevention rather then dentists looking for any excuse to drill and fill for profits.
(My sister is a Dentist and is always sharing her dismay and shock at some of her colleagues she has had to witness along the way. So this is a VERY real problem that Dentacoin are trying to solve)
And finally, they are instigating some kind of Dental Insurance that is meant to be much more fair and available to people around the world. Not exactly sure how, but the whitepaper should break it down.
In the end, the fact that Dental Clinics around the world are already jumping on board and raving about it is a very good sign, and its a very good challenge that this world needs... so i have bout in about an ether worth. Looks like it is just about to go on a run up sometime in the near future too. ;)
But hey.. its the world of crypto... it could fall over too. :p haha
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Well said good write up thanks upvoted followed!!🙏🏻
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Insurance, reviews etc. All good stuff but I fail to see how having a blockchain will enhance this, or why we should buy this coin (ie why fundamentally the price should go up- I accept that prices are detached from reality at present).
I believe that loads of organisations are keen to get involved in blockchain projects as it makes them look cutting edge! I don’t think most of this has been properly thought out and there will be some serious losses before it properly takes off (like the dotcom boom and bust before the internet really took off).
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From my understanding the blockchain is essential for this.
By creating a decentralized “trustless” environment it makes all the idealistic goals actually a realistic possibility.
I personally feel 2018 is going to see most industries moving over into the blockchain. Our current internet infrastructure is far from a well oiled machine. 😜
Blockchain is the key ingredient that is removing the need for any centralized regulators in our global economy. Removing weak points of power hoarding and redistributing this power/responsibility to all who are involved in it. Thereby leading towards the truest sense of democracy we will have had the opportunity to experience so far.
I agree there will be many failures along with successes, but I also do believe that every industry WILL find a suitable use and reason for adapting to the new environment.
Of course this is all just my own speculation and by no means do I declare it truth. 😜
Ps. This is also an interesting arcticle speaking to the difference between the dot.com boom and this Blockchain Boom:
https://hackernoon.com/2018-will-be-the-year-blockchain-technology-goes-mainstream-heres-why-aa56f4fcdc42
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I just don’t see it. I can see how blockchain is better than the banks, improving efficiencies and removing middle men etc but facilitating dentists reviews? If this was truely needed it woukd have been done in a different way by now. It’s not like people have been sat there thinking ‘we really need this dental review thing but there is just no way to make it work’.
I may be wrong but I feel that this is another example of something/ someone jumping on the blockchain band wagon in an attempt to look relevant.
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Actually if you look into the entire Peer Review system that is the foundation of trust within our scientific communities, you will discover that they are acknowledging a very real and serious issue with centralised reviews of all kinds.
Money is buying power and can control reviews etc. I have a close contact with someone who owned her own dental clinic and spoke often to the corruption and problems she would face with dentists chasing $$ by "drilling & filling" rather then making care and prevention the focus.
I totally understand that you may not see the need for it, but I can say for sure that I do from my experience with dentistry and the medical community in general!
We need to be able to trust implicitly in our medical professionals, but with the industry so profit-driven and greed having its way, its just not possible right now.
Purely my opinion and by no means do i insist its the truth. :)
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Jesus man, do the math. 8 trillion supply!
https://steemit.com/cryptocurrency/@anagramatic/is-dentacoin-the-most-ridiculous-ico-project-to-make-it-into-the-top-100-list-of-cryptocurrencies-yet
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Have you fully read and understood the whitepaper @anagramatic ?
Important to read it with the intention to understand the mechanics and function of that supply, not just look for more artillary for your rampage against Dentacoin. ;)
But hey! If you HAVE fully read the whitepaper and feel like you understood it correctly, AND believe the above post your hooking out here to be true, then power to you and heres to the blessings of Time to show us the truth in the end. :)
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Not 46x but 4.6x @haejin
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he said Ground Floor Opportunity, so maybe thats the first target.
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@haejin very informative post about the analysis of VERGE.your prediction was right about verge so what is your prediction about steem now?
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you can also visit some related subject,
https://steemit.com/dentacoin/@peeyush/announcing-free-earn-100-dentacoin-for-free-dental-check-up
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Good article, I recommend reading this for further info on Denta, thanks @haejin and @peeyush for this juicy info :-)
Cg
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Welcome to my friend I am glad you read my post.
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That's such an annoying gif!
Cg
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If you have AdBlock Plus installed, you can "block" specific images. I just nuked that one from my view for all time, and am doing that to all annoying unwanted animations.
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@haejin please confirm, is this a typo (4.6x not 46x) or simply a short term target of $0.016, with potential to hit $0.16?
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0.0165 divided by the current price.. about 4x ++ only, not 46
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well with verge (and you can check the archives on this this if you like) he projected it's value to be 2100x (which many people took it as 2100%). i think he really meant 2100 times with verge, this is why i bought it.
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correct haijin should correct that.
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Dear @haejin , is it a reliable coin to invest in ?
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put 20$ :D
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Can you please look at Tron? Thanks for the info.
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He did like 2 days ago, https://steemit.com/dtube/@haejin/h12abvv6
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Thanks for sharing
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You mean 4.84x? 0.0165/.003407 = 4.84
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Yeah I was just thinking this
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Fantastic find Haejin, I think you have made a mistake in target price, it should be $0.165 not 0.0165. I was not aware of this coin but read about it on internet also found this video speaking positively about this coin. I am sure it will give huge returns. People are doubting this post but I totally believe in Haejins analysis. Thanks a lot for this post
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@lalitjoshi I do not think it reaches a value of 0.16 usd if right now it's worth 0.004 usd but if that happens, it will make many people happy.
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Im with you @lalitjoshi . :)
@xak if you have a look at the history for DENT Wireless (DENT), they are sitting on 8c now, but it was only 4 weeks ago it was about half a cent. Dentacoin (DCN) kinda looks like it might be following a similair trajectory...
I definitely reckon its worth a gamble and have put an eth on it myself.
All the best to everyone! Enjoying this blockchain revolution whole heartedly. ;) haha
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Wow, gotta throw some in! LOL... I just did an analysis on QRL, would be interesting to see how you would tackle this:
https://steemit.com/bitcoin/@benkalashnikov/quantum-resistant-ledger-qrl-analysis-322-potential-profit
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This one just spiked up. nice one.
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Still using the October prediction of Verge to fool your followers. EVERY.SINGLE.COIN has at least tripled since you made the verge prediction. What about the predictions of the last 2 weeks? WRONG WRONG WRONG. Stop fooling people for steem dollars you scam.
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Ok you got me with that VERGE analysis. I'll follow your council, wish me great profits
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What exchange can this be purchased on?
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be EXTREMELY careful which exchange you pick to buy this on UNLESS you're looking to buy and cash out before you remove from the exchanges. It will cost you sometimes atleast 20,000 DCN to withdraw from different exchanges...yes you read that correctly!
I suggest either checking first if you're holding long term or just get a quick term profit and bounce otherwise you'll spend a lot of money withdrawing it from certain exchanges.
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You can simple trade in short time, instead of whitdrow, so little btc fee, thats it
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Good advice @neverxpected ! Although I believe a lot of time these extremely high fees are a byproduct of the coin price going up in a massive surge and the exchange not prioritizing the recaliberation of the withdrawal price to match the real time value.
HitBTC is famous for it, and they did the same to DENT... by the time they finally lowered the fee, DENT had surged again heaps and we were back to the same problem. :p
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hitbtc
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Sorry didn't answer your question before - Just search for the coin on coinmarketcap.com and then on the coin's profile page click on the "markets" tab next to the "charts" tab and it will show you all the exchanges the coin is listed on to purchase from.
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@davidblackwell You can purchase it on CoinExchange.io. Withdrawal fee 1 DCN.
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The prospect of the coin looks fascinating but I am not very sure about its future yet.
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Where did you get that screenshot from? its actually much lower
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That was an ATH price that hit last week. Hopefully will hit again.
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you can also visit some related subject,
https://steemit.com/dentacoin/@peeyush/announcing-free-earn-100-dentacoin-for-free-dental-check-up
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Thanks for the update.
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Thanks Haejin!
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Thank you for sharing 👏🏻
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46x from the point of correction or from the very bottom. Doesn’t seem to count correctly
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Sounds like a great opportunity :)
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https://goo.gl/forms/kJ3BZGg782pvBin13
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Thanks for the update.
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Supper Haejin thanks...
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what the hell, 46x profit could change our life o.O Thanks!
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He missed a decimal. Its actuall 4.8x potential
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oh ok, well, also this would be a great profit. Not life changinf, but very good!
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@haejin ... liked the term "ground floor" :D
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Que bien ,jugstamente tengo 60 k de DCN xD
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Please follow him on Stocktwits at https://stocktwits.com/HaejinCrypto
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Let's throw a little in, and wait! Mind you, give it 3 days, and there will be people calling for updates! 😂😂🤣🤣🤣
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@haejin .... how is that 46x ? from your target it will be around 4.6x
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What exchange is best for all these alt coins and minnows with excellent to the moon counts?
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... Hit BTC is the recommended exchange for dentacoin....
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Withdrawal fee 120000 DCN on hitbtc
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Could you trade them for other coins like xrp and withdraw?
XRP has only 0.5xrp fee to withdraw
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I think you'd have to first sell the DCN for ETH, and then purchase XRP... might be worth it depending upon the exchange rate at the time of the sale.
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hmmm... DCN is downward trending pretty severely at the moment, I might jump in when it stops dropping.
I wanted to trade it at Cryptopia, but they stopped trading DCN. I guess I might try CoinExchange.io.
Anyone have a trading account with them? :)
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Hitbtc is ok, I went to cryptopia first and noticed the same thing.
Got 100,000 DCN, gonna sit on them, think will do ok longer term..
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Thanks! ...yet another exchange account...LOL... It looks great, but there is currently an error trying to get a wallet address to deposit ETH. I'll be patient (it says to try back later), but I wanted to purchase it before the upswing, now it's trading at +17.5%.
I would deposit BTC, but those network fees are really a massive problem!
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Yes, Ive got like 6 now! lol
The coin itself has plenty of room to move id say still...
As one example I bought XVG first when it was like .005, still holding.
Id say this one could go up several times over time as well..
Not many in top 100 at these cheap prices, that's why I like it & the Haejin's TA confirmed my interest..
Happy profits to you my friend
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@jzen I do and it works pretty well.
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@haejin Could you please share something about vitrocoin.com? It gave me 100 vitro coin worth of $50 just for signing up. Is it legit or a scam? Their ICO is opened now and ends in 20 days.
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I'm also very optimistic about this coin. I bought it and will hold it long-term. Agree that the whitepaper is worth a read.
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46x? I'll take it!!!!
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but haejin, it's currently 1.8 trillion coins!!! (of 10 trillion)
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all hodl has a lot of potential
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Wau i dont even wanna check DCN pass those number Max supply is 8000B current suply is 1842B and circulating suppy is 325B. Just looking at those number this coin is so overvalued that is sick. Good luck all
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You sure the hype for Dentacoin (DCN) isn't newbies trying to buy Dent (DENT) and getting mixed up. I can see your logic in the chart. But really is Dental Care worth a place 36 of all marketcap?
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Did you happen to notice what it cost to remove your coins from this exchange? They want 120k from me to withdraw. I have no other option now than to trust this exchange... which I kind of don't and hopes it hits the highs you anticipate.
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what exchange are you using?
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I think this coin is overrated. If you look at their website you can tell why I say this. It's not a billion company
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Thanks bro.. I will keep this in my watchlist. By the way which you are next biggest muliplier? Can you look into QLC, Canya coin?
Please throw some light on rentberry also .
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https://bitconnect.co/?ref=Rudi1010
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There is a huge supply of dcn. But verge has a hefty supply as well and it performed. I will look into this currency. Thanks for posting.
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Thanks,
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You think the cryptocurrency to pay your dentist with should be worth upwards of $2 trillion? $1.8 billion was the market cap for 4.1% of the max supply at the time you wrote this.
You're smoking too much crack my friend: https://steemit.com/cryptocurrency/@anagramatic/is-dentacoin-the-most-ridiculous-ico-project-to-make-it-into-the-top-100-list-of-cryptocurrencies-yet
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thank you for this information @haejin
followed you
resteemed
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Are you still thinking same today?
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