@thebeachedwhale, since you mention a prediction of times 3 and speaking of long term, here's one I found recently but according it's price 1 day to late. Still very very interesting if you read what I found out about this coin. And no I didn't walk over one night of ice!
@haejin, I challenge you, I challenge you with figures. First of all because I like this game.........and you.
Second of all because I think we can all make money on this one.
High Performance Blockhain HPB has a price of $ 13,22 at this moment. I call out Kabooooooooeeeeeeeeeeem in the coming year on a price of $ 98,-- or higher.
You have to know this is a project with a fundament. It's the Asian competitor of EOS with a more improved system and Asia having a bigger market. They already have a contract with NEO and are only sold at this moment at the rather small Exchange Bibox.
Since Cryptocurrency Market Capitalizations doesn't know their total supply it's now placed on rank 1096.
Do the math and it has to be on place 64. That's the first figure that's gonna sell story's.
If it ever comes on Bittrex, Binance or Bitfinex story's are gonna be told overthere as well.
At least keep an eye on this coin and don't mention it to us as a good buy at $ 46 dollars. Oké it already has been taken off ground cause it went times three in one day.
Here's the math I made:
On a price of $ 13,-- this coin has the potential of becoming $ 98,--
So 7.5 times of the price it is right now.
Since this is the Asian EOS I placed it on the same level on CoinMarket Cap.
Technical Analisys say this system is even better than EOS uses. And yes, they're
already having a contract with NEO.
The Marketcap given by Coinmarketcap is unknown but when I checked the Whitepaper I
got to a total sale of 100 miljon coins. Not at this moment but eventually after 2 to
4 years. There circulation supply at this moment is 46 miljon coins. The token had the name
GXN and their coin ticker is HPB
For a price of 13 dollars and 46 miljon coins in circulation it now will be placed on
place 64 on CoinMarketCap. That's a great talking figure.
How did I get these figures?
1 Ethereum was 1300 GXN in round one and there were for 8000 ethereum sold is 10 miljon coins
1 Ethereum was 1200 GXN in round two and there were for 22000 ethereum sold is 26 miljon coins
They stated that 36 % of their coins would be sold in the ico making it a total supply of 100 miljon coins
10% of their coins have been sold or given to early participants. So that makes a total of 46 miljon coins
Then 20% of the 100 miljon coins are locked for one year
Then 19% of the 100 miljon coins are locked for two years
Then 15% of the 100 miljon coins are incentive for teams like developers and promotion***
Now, lets calculate: 46 miljon coins at 13 dollar give a market cap of 600 miljon
At this moment that's place 64 on CoinMarketCap
100 miljon coins at this price would give it a marketcap of 1.3 biljon dollars.
Since EOS has a marketcap of 10 biljon dollars I calculated 10/1.3 = 7.5 times. So 7.5 times $ 13,--
would take this coin on the same level as EOS with the fundamental of having the newest technology.
And now the big trick comes in. This coin has been introduced on the 9th of january, yes 4 days ago at a price of $ 2,96
with his lowest price being $ 2,85. From that moment it has only be going up.
I calculated this with 100 miljon coins. The maximum supply of HPD.
But in reality at this moment it is 46 miljon coins. The rest is locked in for 1 and 2 years.
........and EOS! Look at it! The circulation supply is just 2/3 of their total supply.
With the calculation above the only conclusion I can make is that this coin has a lot and lot of potential
for the year 2018! Long Term investment on a very stabelised coin that has already said goodbye to 5 and 10 dollars.
In this case: "That's how my figures are telling a story!"
p.s.: My brooken clock told me the right time just 7 minutes ago. I bet it's gonna do it again within 12 hours.
I tried to do my best of making the right calculations, so please correct me if I'm wrong. Just like we all are, I'm not a financial adviser and do this for my own fun. Make sure to check out my opinion yourself and read their whitepaper. On you-tube a guy talks about being it only 20 miljon coins. In my opinion that's wrong. I calculated it around 36 miljon coins, 36.800.000 coins to be exact and another 15 miljon that is random.
(***Then 15% of the 100 miljon coins are incentive for teams like developers and promotion)
too bad haejin doesn't care about news...
ill paraphrase him, stocks makes news not the other way around.
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@winnieoriana is introducing a new coin that just ICO'd and why he thinks it is a good long term holding. He isn't saying anything at its technical analysis.
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I just learned about this project less than an hour ago. Great to see more people loving the project. I still have doubts about beating EOS. But HPB is pretty good. What are your thoughts on Metaverse?
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