Quote from: lijoe408 on March 15, 2018, 08:14:05 AM

Quote from: sgtwiggles on March 07, 2018, 09:52:35 AM

Blocknet valuation thoughts using market cap:

Blocknet;
RANK: 91 MC : $192,373,754 PER COIN : $38.16 CIRCULATING SUPPLY: 5,041,373 BLOCK.

Let's quickly analyse these numbers. Low market cap: check. Low circulating supply: check. Dwindling order books: check. Hefty amount of coins locked to the servicenodes: check. Let all of that sink for a while.

Now let's do an old fashioned speculation using market cap rank & couple reflections:

CMC RANK 50: Hshare with mc $395,722,320 divided by 5,041,373 BLOCK = 78,49$. Ok. Top 50 ought to be peanuts during the spring awakening. One whale could bring Block to these levels. Alone.
Let's continue.

CMC RANK 36: Grandmaster of the s*itcoins DOGE: $612,014,492. At least it's honest. But hell.. meme coin with absolutely zero real world application is valued for almost 600mil dollars. You see where I'm getting with this rambling? How about the In-Duh-Ned of the friggin' blockchains? Could Blocknet surpass DOGE? If there's any sense left in the cryptospace it should be done already. Or any half serious project for that matter. Oh my. Slain doggy would cost you $612,014,492/5,041,373 = 121,398$.

CMC RANK 19: QTUM. Widely hyped project with zero working products: $1,998,947,819. Ok, yeah, well it has flashy websites and all that. It could possibly cure cancer in the future. But for now it's all hot air and cool promises. Let's run the numbers: $1,998,947,819/5,041,373 BLOCK = 396,50$. Getting warmer.. BTW you can trade QTUM on Blocknet DX at this very moment

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Well wuppi frigging doo, let's get to the good stuff!

The all famed TOP10 is currently held by EOS with $5,752,510,435 market cap. Now we're talking. Ok cut the crap and give us the sweet numbers: $5,752,510,435 divided by 5,041,373 BLOCK = 1141,060$. Over 1k bucks. Per coin. Insanity!

This is the bare minimum which Blocknet ought to achieve once the SPV & DX final product will be released. Ambitious? Sure! Achievable: hells yeah. The more I've spend time digging around Blocknet, the more I'm starting to appreciate it.

Disclaimer: using only market cap for value calculation is flawed for sure, but it does give us the idea about the current state of things in cryptospace.
I'm tired of the overhyped projects gaining all of the attention with them whitepapers with dubious acronyms and bold promises. Year 2018 will be the year of DX's. Interoperability for the win!

Do your own research. And buy some sweet sweet doge :'c .

You have no clue what you're talking about. How does Qtum not have a working product, when it has numerous projects already building on the platform? Blocknet is a good project, but you're not helping it with these misinformed posts about projects that you don't even follow.

But also consider qtum is run by a known scammer.