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Does ZIL have room to truly moon from here with that market cap?
| Self-absorbed milk | 02/01/18 |
| boyish crawly chapel mexican | 02/01/18 |
| Self-absorbed milk | 02/01/18 |
| spruce seedy hunting ground dysfunction | 02/01/18 |
| boyish crawly chapel mexican | 02/01/18 |
| spruce seedy hunting ground dysfunction | 02/01/18 |
| boyish crawly chapel mexican | 02/01/18 |
Poast new message in this thread
Date: February 1st, 2018 3:22 AM Author: Self-absorbed milk (http://www.autoadmit.com/thread.php?thread_id=3878430&forum_id=7#35294129) |
Date: February 1st, 2018 3:30 AM Author: boyish crawly chapel mexican its a 500M coin right now. becoming the next ADA is unlikely but not impossible. 0.5X cardano would be $1 and 12X today's price and that's optimistic but not very unrealistic
so yes lot of room to grow - depending upon them proving their technology, executing roadmap, marketing/hype and crypto market
but will it grow? who knows. no guarantees or assurances
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Date: February 1st, 2018 3:34 AM Author: Self-absorbed milk So probably better to just skip this one? Order book doesn't seem to share your optimism (http://www.autoadmit.com/thread.php?thread_id=3878430&forum_id=7#35294146) |
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Date: February 1st, 2018 4:51 AM Author: spruce seedy hunting ground dysfunction There are 30 fucking coins with marketcaps over a billion dollars and you think one of the most advanced blockchains being priced at half a billion has no room to grow? (http://www.autoadmit.com/thread.php?thread_id=3878430&forum_id=7#35294214) |
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Date: February 1st, 2018 5:14 AM Author: boyish crawly chapel mexican tbf
this coin is trading at absolutely crazy multiples now compared to ICO valuation
ICO: 1 ETH=116,000 ZILs when ETH was $450
this gives you roughly $0.0038 cents per ICO. if you assume 5X ico (typical) it should be 1.5 cents. even if you are generous and say 10x ICO then it should be 3.5 cents. its currently trading around 8 cents so roughly 22X ico. and when it was trading @ 0.15 cents ppl were paying roughly 50X ico for a coin that doesn't even have public testnet and is not going to have mainnet and dapps realistically until Q3 2018
i think the valuation is out of whack and there is too much hype around it. to MAEK it with this coin now it needs to get to cardano level whereas if it had started with a reasonable valuation it could have been a 1~2B coin and still given us 10X~15X
he has a reasonable argument. by being so expensive out of the gate you need it to be not just be successful (~2B) but a blockbuster to get very good returns ( > 10X)
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Date: February 1st, 2018 5:49 AM Author: spruce seedy hunting ground dysfunction Lol at using its dollar value here instead of ETH (http://www.autoadmit.com/thread.php?thread_id=3878430&forum_id=7#35294247) |
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Date: February 1st, 2018 6:03 AM Author: boyish crawly chapel mexican ETH doesnt matter for market cap. They went from roughly 30M market cap at ico to 1B on day of listing and 500M now. Why? We are months away from actual ZIL blockchain being released
Nobody can dispute that its way overpriced compared to normal,typical ico multiple when trading started. wanchain is going to be even worse with being overpriced so maybe this is the new normal for real coins with promise. Atleast wanchain released mainnet |