Quote from: zahidpervez on November 20, 2016, 11:44:14 AM

see the pined tweet comment section... they answered the same issue

Okay, saw it, thank you very much.

Quote from: The Ambia Fund on November 20, 2016, 05:17:39 PM

In regards to comparing Belacam to Steemit
Belacam follows a similar business model to Steemit, so it is logical to compare the two. Despite a declining price, Steem's market cap is nearly 100x higher than Belacoin's. If Belacoin is able to reach the same market cap as Steem currently has, an investment in Belacoin would provide 100x returns. That is, 1 bitcoin invested today would return 100 bitcoins.

Still, we want to compare ourselves to the peak market cap of Steem. At it's peak, Steem's market cap ($412 million) is 1,373x higher than Belacoin's current market cap. A rise to that market cap in Belacoin would bring Belacoin's price from .00001468 to .00202000.

Please note that this represents one of the best case scenarios. Our belief is that if we shoot for the moon and don't quite get there, we will can still bring the project to a multi-million dollar market cap.

Moreover, if Belacam gets acquired by some larger player, that company will have the funds and the resources to continue to grow Belacoin and Belacam, keeping it away from a declining stage. Whatever the hope, there is little doubt that we have months of hard work and growth ahead of us. Belacoin's market cap is around $300,000. Once Belacam is released and we are able to publicize it well, simple business calculations tell us that value should be added to Belacoin's market cap, increasing the price.

The declining price of Steem should be considered more seriously if you want to completely compare Belacoin to it. According to Poloniex chart, Steem has decreased from 0.0071707 to 0.00012598, that is a factor of almost 57. If Bela follows the same path as Steem, it will be a disaster (for some investors). We all know that markets are not that logical and that such a strict comparison doesn't really make sense, be it on the upside or the downside. My point is: A potential investor who doesn't only want to sell at the peak and then exist might not be attracted by a Steemit-like project.

Of course all the other scenarios are possible.

By the way, your tweet said:

Quote

Belacoin.org launches Saturday, & major news gets revealed Sunday.

I saw the site, did I miss the major news?