Electroneum is more expensive than bitcoinlet me show you how
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If you would like to support this channel you can donate here. Electroneum App Referral Code: Video Share Download Add to. Abdelmelik Farooq Alwahid 3 electroneum is more expensive than bitcoinlet me show you how ago. The principle here is to HODL. Bought my shirt here Bought my shirt here www. If anyone in here hasnt used a referral code yet you can use mine if you want to, since the wages in my country arent that high it would really help alot!
Also, look at all top 5 coins including Bitcoin. This is true in all top expensive coins. The minority small whales determine the valuation since they hold almost all available coins. For some reason this guy makes more logic sense. Electronuem can never be worth so much if its gonna be mass adopted cos not everybody can afford a high cost. I think a lot of people want into crypto, but the learning curve is huge, as are the risks. I read for months before investing anything, and I am still reading and learning every day.
In first world nations, just giving people a simple way in will be a big deal. The other thing is that, and I have thought this for a while, is that humans love things that feel like magic. Add to that, after the big rise in BTC, we the noob masses have been hit pretty hard with FOMO, but few of those people have the attention span and persistence to research endlessly, and simplifying the system, will certainly make them jump in hard. Use METcalfe's law on five other cryptos and see if it holds true.
I don't even need to calculate it to know it doesn't. Prove that it does, please. Sorry, but this is all BS. That part, I agree with you. Everybody loves when something can be backed up with Math. It makes us feel they didn't waste 13 years of our lives wondering what the hell will we even use this or need this for.
I did some calculation using previous data of etn price taking into account some other factors like market cap etc. Assuming etn will never achieve half bitcoin market cap short term for example. Let's take a look at the population of some of the countries where ETN's mobile mining experience can take off virally: Just where are x the present audience going to come from?
Ya right, Sooooo NOT gonna happen. Your logic is flawed. The world's population is around 7. I love your channel, everything is speculation. But you come electroneum is more expensive than bitcoinlet me show you how with things nobody else does.
Also dont forget that btc has 8 decimals and etn has 2 decimals. So btc has a lot more of its smallest denomination satoshis than etn has. The technical usability is dependent of the smallest denomination because you cant distribute it more evenly.
This will also account for more value per whole coin. Etn actually does not have 'more supply'. It actually has less, because when you want to compare the two coin supplies you should use the smallest denomination measurement.
If you have 10 billion coins in circulation and million users, when evenly distributed you would have etn per person. Believe me, i wont sell my k coins for 14 dollars a piece at that moment. How is it possible for the mobile app idea to continue indefinitely given that there is a max supply of 21 billion coins.
If there will be 10's of millions of users of this mobile miner, that max supply will be reached quickly. It's hard to say how long it'll last for, I made a video that tries to explore that idea. Look for it if you're interested. But the idea I suppose is that by the time the mobile miner runs out of coins, people will already have adopted ETN as a currency. Those using ETN to buy and sell things won't stop using it simply once the mobile miner stops giving out free coins.
But they have no other real world knowledge except that coin's tech they put money in. Using fresh money to buy the dips is not a bad way, especially with strong coins. Damn, I think this entire conversation is twisted up lol.
I was replying to Melombong Bitcoin originally, not CryptoKnight BlackWhiteBeast I just use more secure way. When you have coin with strong potential like ETN Wait for ETN to dip but he continue to go up and you miss the bullrun. Dude fix ur sound it will be stopping so many people watchingthe whistle sounds are awful. The sound quality was a bit stressful to listen to. Many record at a different location?
Why not use and compare a test case of some other crypto like bitcoin with electroneum? I was thinking the same thing, there's surely enough historical data from Bitcoin to do this. It's interesting that there is an incentive for investors, electroneum is more expensive than bitcoinlet me show you how people that live in poor areas to use Electroneum. I think you're not emphasizing enough that there is a huge group to potentially tap in to.
Transactions between games and mobile platforms for the majority of the people in the middle should not be underestimated. Depending on the economic class, there are different use cases for Electroneum--not just for the poor or the rich. Abdelmelik Farooq Alwahid 4 months ago. Why not create a video countering his arguments rather than saying he's a prick. He gave his opinion, and so far you have zero arguments in return which clearly shows you don't know what you're talking about.
Come on thats pretty strong electroneum is more expensive than bitcoinlet me show you how you dont even know himcalm down pfffffffffff. That electroneum is more expensive than bitcoinlet me show you how faulty logic basing valuation on total circulation! That is why it is called speculative risk taking. It has nothing to do with what majority thinks is reasonable or realistic! Again, stop fucking saying what is not "realistic". It only points your limited belief! All speculation at this point is sheer wonderment right now.
If billions flood the market and everyone wants ETN after Barcelona then the price would climb exponentially and fall at the same rate due to those who sell off to get their lambos. The only problem with I see with that type of rapid growth is ease of liquidation. Sir Charles Edward Cheese electroneum is more expensive than bitcoinlet me show you how months ago. Good job, great attention to detail, but I'd argue the end, we will still have investors coming in and holding.
I'd assume if the price is increasing the mobile companies receiving the etn would be incentivised to hold instead convert to the each currency relative to countries of course. Pun Jab I again I agree but I'm referring more to the mobile carriers and network providers big money, already contracted electroneum is more expensive than bitcoinlet me show you how accept etn as payments for the phone bills.
Sir Charles Edward Cheese yes, gotta use Bitcoin as a model. Always very small percentage hold vast majority of wealth. And these whales are not selling anytime soon. I havent looked into it, but upon hearing the term Metcalfs Law and network value, I am thinking this value applies to the value of the network in terms of consumerism, or the value of being able to reach people to advertise to. Such as the worth of a broadcasting license and TV station that has viewers.
You cant correlate that to a coin price. My instincts know that just couldnt happen unless the supply gets spread very thin amongst a mass amount of users.
But ya never know. If its wildly popular, entities could sink multimillions into it and buy up the supply making it more scarce. Combine that with million users buying and holding the coin, the price could rocket. Aaron PughETN doesnt need trillions flooded into it because i don't believe that will happen either. But a market cap of billion in the next 2 years isn't unreasonable. Aaron Pugh this is a mass adoption coin. How high do u think the price will go?
B Dub Simple, there are several projects that outperform etn. The mobile miner is not something a major company like Apple is going to jump on, in my honest opinion. The market is not going to flood trillions of dollars into ETN. Also because there are significant costs associated with attaining cryptocurrenncy and transferring to the block chain you need to factor in those by multiplying the market cap from metcalfes law by the percentage left electroneum is more expensive than bitcoinlet me show you how after costs ie purchasing cost on exchanges and transfer cost.
Perhaps show us what you know with facts? Not a criticism, but more curious about why you think its wrong.