Post
Topic
Board Announcements (Altcoins)
Re: [ANN] IPBC | NOW LIVE | NO PREMINE | NO ICO | FIRST MEDIA MINING PLAYER
by
Mike6000
on 03/03/2018, 12:33:17 UTC
In the long term, it is very difficult to predict. Two reasons: 1) Technically, IPBC cannot be regarded as the leading sheep for blockchain technologies, which means that IPBC coin is not BTC coin; 2) current business model by IPBC cannot justify high price of IPBC coins because there is contradictory. e.g. If the price of IPBC coin reaches one dollar, one GPU gtx 1080 will roughly mine one coin of IPBC per day at best performance. Let's assume that it has about 1000 H/s for one gtx 1080, which is for 24 hours. However, to watch a video on IPBC, it is probable to have 10 H/s additional satos for mining, thus, it will need someone to watch a video on IPBC website for 2400 hours that is equivalent to 100 days to get one dollar income. I am not sure what income that the "youtube" can receive if someone watches its video for 2400 hours.  

i think if the platform gets more popular you can earn alot easy money if you release good content(videos). it will be the mass you will earn with money & anyway its free hashrate for you.
this product/coin is just 1 month old, maybe in near future millions of people will watch videos on bit.tube and, i have no doubt about it then you will get alot hashrate & current price will be like free coins

besides of that ipbc is one of the very few coins that have a working product baking it, many other shitcoins with much higher market cap has only bullshit roadmaps baking it.

No, it is not this case. There is a contradictory in IPBC business model. I noticed that it can earn about 3.5 dollar for 1000 H/s per day when the price of IPBC drops to 0.35 dollar roughly today with network hash of about 35 MH. but yesterday, it can only earn about 2.0 dollar when the price of IPBC got to 0.42 dollar with network hash of 80 MH. This means that the more popular (assuming the higher price of IPBC coin), probably the less money will earn for the same clip/video placed on the IPBC website after watched by the same times.
Your calculations may be right, but the question is, if IPBC costs a high significant value, it will be interesting that your video is published and seen by people, since prices will be high! But think of the following, what if 2400 people watch the same video for 1 hour? Suppose it has the same H/s capacity, will it really take all these hours? IPBC more than coin, is an alternative to the bureaucracy of Youtube, IPBC is an entertainment platform, then Coin.

Good project but wrong business model.  Hopefully, it would not be forced to become a scam coin.