Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SEM] Semux - Official Thread
by
Gaman
on 30/01/2018, 05:52:20 UTC
SEM Analysis

Right now in discord, you can't get SEM unless you pay about 23k satoshi btc per SEM.  Thats around $2.5 per SEM.  Given that SEM in circulation is about 25 million (the other 75 million is block rewards), we can say that the market cap is around $60+ million.

There are several reasons on why SEM will increase in price:
1. In my opinion, SEM has true innovation given a new consensus algorithm and the ability to process 5000 txns / sec.  Visa averages about 2000 txns / sec.  Given the above, i think SEM should at least worth about $250 million market cap.  That would be around $10 per SEM.
2. SEM isn't even in an exchange yet.  The day SEM is being traded in an exchange, we should see a 100% increase in price.  
3. When SEM virtual machine comes out, it safe to assume will reach $1 Billion market cap.  Maybe, by that time, 1 SEM will be around $30.

I am in for the long run.. are you?