Post
Topic
Board Tokens (Altcoins)
Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
by
Jason01
on 12/01/2018, 19:21:12 UTC
Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ?  Wink
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them


Lol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.


Right now I am just not sure if you are serious or if that is a jocke Cheesy
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange them



You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?

Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.

Sure idiots might trade them but at some point, driving the price up.


30.000.000 watts(token=watt) are 1500 antminre (more or less)

they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month)  for hosting fees  (this is the max amount you can save from hosting)

over 50 years that makes  900.000.000 dollars worth.



That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)


That's why I say 1000 bucks for a token is unlikely.  Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners



The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol

All what we need, is put token on large exchanges.
This token has a real value because you exchange it for energy, that's why it will attract for buyers who, through speculation, will raise its price
All your calculations are based on current costs. Energy will always be more expensive. Servicesin companes like giga watt will always raise fees for customer. I'm sure that giga watt planned his project in such a way that there is still a lot of room for customers who do not have tokens because in this way they earns more. The customers who bought the coins in pre-sell  paid for the construction, this is the reason why  they got a cheap electricity as a gift.
From the giga watt point of view, the token can be very expensive because it will make more customers without tokens and they will pay more for use of giga watt services.

When all the mainers will installed and they locate their tokens in the giga watt, there will be small amount coins in circulation and the demand will soon increase the price of the token.
giga watt will become an easy tool for speculation because the number of coins in circulation will be very small

In my opinion it is last time for buy becouse around april/may  price will rise up

Btw I have question. On the coinmarketcap I see two exchanges available for giga watt tokens. EtherDelta and HitBTC. Why is so big difrent in price? on the first one 1.6$ and second one 3$
on both of them you can sell and buy WTT without a problem?


P.S. i hope it is clear becouse english is my third language