Post
Topic
Board Announcements (Altcoins)
Re: [ANN][KMD][dPoW] Komodo - Zcash Zero Knowledge Privacy Secured by Bitcoin
by
jl777
on 19/02/2017, 17:43:55 UTC
Why you think it will hit $5? Any reason or pure speculation?

Well u have got 314 pages to read...
Best of luck

Dont forget the slack channel updates and the white papers Smiley

Thank you for those superbe answers ... Why don't you like try to argue why 5 dollars is a plausible target and at which time frame, If you know all about the 314 pages, the slack channel updates and the white papers then maybe you can share your knowledge with the ignorants to make them see the truth behind that 5 dollars target.

Seriously, probably no investor here is doubting the technology behind Komodo and we know that the price depends on a lot of factors, anyone can throw in a number. Not only they do, but they make it sound like it is an evidence.

The moon crap won't take us anywhere.
I think a more realistic medium term target is $1, which is about half the highest market cap privacy coin. Of course it is hard to know what will happen, but half the leader is usually what the second place gets.

So using a comparables valuation and assuming all the current announced tech is completed, a second place in the privacy category doesnt seem far fetched.

After that, we can start thinking about competing against the largest platform currency, half of that is required to get to $5 price, so while there is a spot for that, until we can get half the highest privacy market cap, there is no sense to worry about any $5 price. In any case, such levels will be a long term process.

For now, we just concentrate on the next step and the next step after, etc. to complete the roadmap. With a completed current roadmap the above starts being possible. Not guaranteed, just possible. Without it, then I doubt it would even be possible other than some short term pump, which I have no interest in.

So, I work to complete the current roadmap.