Quote from: BLACKCOIN883 on October 23, 2017, 06:39:11 PM

Quote from: mt55 on October 23, 2017, 02:31:52 PM

Quote from: cryptodd88 on October 23, 2017, 06:38:51 AM

Quote from: popshot on October 22, 2017, 07:28:36 PM

I can only be glad the price hasn't skyrocketed like Ripple's .. the news hit at the wrong time, it seems there are still people keeping their BTC hoping to get 'free lunch' at the fork. The information avaliable paints a very positive outlook short-mid term; and it doesn't matter if anyone FOMO because the coins will be used anyway presumably in high amounts, so the price is bound to go up.

You are totaly right..The price of BTC raised because the new fork, people are buying it constantly..The IBM news came up in wrong time..But in few days something good is going to happen and im very optimistic about it.
The price has dumped because also there are lots of people that doesn't actualy know what is going on, they just saw the price going up and decided to sell their shares.That's because the coin gained something after long time..Most of the people are looking into this in short therm and remember when BTC was just a few bucks.The coin like XLM has alot good potential even more then BTC becuase it's speed and im sure that in long therm, this is going to be HUGE..In short therm, going to be a dollar or two in next few months.

LOL. I am a serious XLM holder, but sorry, it won't reach $2 within the next few months. That would put XLM in front of Ethereum and I am sure you can't believe that yourself Wink

But there is a lot of room for growth, no doubt about that. After all, let's not forget we are in quite a healthy position already considering the whole crypto market.

How would $2 put it in front of ETH?

Well, if we say ETH is (very roughly) around $30 billion market cap and there's around 16.5 billion XLM in circulation, then each lumen would have to be around 2 bucks for it to overtake ETH's market cap. Of course there's a much higher percentage of total supply with XLM that is still to be issued/released as compared to ETH.