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Showing 6 of 6 results by mikelo220
Re: [ANN] [ICO] Publica - Blockchain revolution for the publishing economy
If another company (i.e., Amazon) were to decide that they like the idea of conveying book ownership rights via the blockchain, what's to stop them from just creating their own ERC20 token? Are you relying on being first to market? How will you gain traction with e-book readers? Although I'm sure this project has plenty of early investors by now, I doubt they're all going to be avid consumers in PBL's actual book market.
In this regard, I'm skeptical of being able to obtain legitimate adoption of the platform by authors and consumers alike. It may just be the case that Publica is ahead of its time. However, blockchain technology is still not widely used by the public at large, which has me questioning how this project will ever get into the hands of its target audience. There's a lot of other projects in other fields that expressed very similar ambitious goals, and yet they've struggled to gain popular adoption. So I'm skeptical that Publica will be able to bridge this gap where others have failed. I feel like it would require cooperation with retailers one some level, which leads to me back to my opening question.
Still, this looks like a good project. The the team looks really solid. The whitepaper is generally well-written (a few couple grammar errors). It's an original idea that tries to solve an actual problem, and the problem seems like one that blockchain is poised to solve.
I can definitely sympathize with the problem that EULA's and other licensing arrangements can make on distributing digital copies. Providing a means to irrevocably transfer ownership rights in e-books is very intriguing. With that said, I'm hesitant as to whether the general audience for e-books: 1) is ready to embrace blockchain technology on such a wide scale, and 2) cares about the difference between license vs ownership. As someone with a legal background, I can appreciate the difference. But to the average consumer, is it really worth losing out on the convenience of just using Amazon (and only getting a license)? Is the idea of true ownership really worth the hassle for people to learn how to use/operate an entirely new e-book platform and currency?
The whitepaper is extremely ambitious, so it'll be on the devs to consistently deliver on various goals. If not, investors will lose confidence. Best of luck!
In this regard, I'm skeptical of being able to obtain legitimate adoption of the platform by authors and consumers alike. It may just be the case that Publica is ahead of its time. However, blockchain technology is still not widely used by the public at large, which has me questioning how this project will ever get into the hands of its target audience. There's a lot of other projects in other fields that expressed very similar ambitious goals, and yet they've struggled to gain popular adoption. So I'm skeptical that Publica will be able to bridge this gap where others have failed. I feel like it would require cooperation with retailers one some level, which leads to me back to my opening question.
Still, this looks like a good project. The the team looks really solid. The whitepaper is generally well-written (a few couple grammar errors). It's an original idea that tries to solve an actual problem, and the problem seems like one that blockchain is poised to solve.
I can definitely sympathize with the problem that EULA's and other licensing arrangements can make on distributing digital copies. Providing a means to irrevocably transfer ownership rights in e-books is very intriguing. With that said, I'm hesitant as to whether the general audience for e-books: 1) is ready to embrace blockchain technology on such a wide scale, and 2) cares about the difference between license vs ownership. As someone with a legal background, I can appreciate the difference. But to the average consumer, is it really worth losing out on the convenience of just using Amazon (and only getting a license)? Is the idea of true ownership really worth the hassle for people to learn how to use/operate an entirely new e-book platform and currency?
The whitepaper is extremely ambitious, so it'll be on the devs to consistently deliver on various goals. If not, investors will lose confidence. Best of luck!
$0.01 per coin with a 21,000,000,000 supply
The ICO price puts its marketcap at $210,000,000 and if we look at coinmarketcap.com then you can see that would put Electroneum in position 31 between Golem and BAT...
5x gains would put it at p11 above OmiseGO
10x gains would put it at p7 above NEM
100x gains would put it at p3 above BCH and not far behind ETH
1000x gains would put it p1 with a marketcap 3.3x larger than Bitcoin
Come on guys you might make some gains but lets be realistic, in the current bear market I can see this dropping below ICO price. There are a lot of promising projects below p31 marketcap and I don't see what make Electroneum so much more valuable.
Some people think that if they this or that coin, it has only one way = 1000x profit The ICO price puts its marketcap at $210,000,000 and if we look at coinmarketcap.com then you can see that would put Electroneum in position 31 between Golem and BAT...
5x gains would put it at p11 above OmiseGO
10x gains would put it at p7 above NEM
100x gains would put it at p3 above BCH and not far behind ETH
1000x gains would put it p1 with a marketcap 3.3x larger than Bitcoin
Come on guys you might make some gains but lets be realistic, in the current bear market I can see this dropping below ICO price. There are a lot of promising projects below p31 marketcap and I don't see what make Electroneum so much more valuable.
they never think this way, it starts with 1000x & whooop down to the ground to -1000x value.
Why they never think of such scenario ?
I don't think it's safe to buy back in just yet. I would sell any news Da Hongfei posts on Twitter. I'm keeping my position in safer holdings like ETH for now.
NEO was quickly gaining steam because of its attractiveness for ICOs. But right now we don't have any idea how China plans to implement legal ICOs. I think this uncertainty diminishes NEO's value. I won't buy back in until we have more news out of China.
NEO was quickly gaining steam because of its attractiveness for ICOs. But right now we don't have any idea how China plans to implement legal ICOs. I think this uncertainty diminishes NEO's value. I won't buy back in until we have more news out of China.
Re: Could see Ethereum price fall to below $100 (coming from a newbie)
Don't short a raging bull market. You are asking to get burned. If you don't guess the 'top' accurately, you could be getting margin calls on ETH's next big leg up.
Up until just yesterday, I had a sizeable position in Siacoin. Yeah, it's got more growth potential, but you got to remember how many coins there are and realize that any potential price increase is going to be hampered by that fact. I think there's better opportunities out there, but Siacoin is still a good investment.
I've been adding to my SHIFT position at .30, .67, and 1.18. And I may add more to my position here shortly with this brief lull across the board.
SHIFT is a great project with a bright future ahead. Its price is deceptively low because of its relatively low supply. $10.00 by middle of summer wouldn't be surprising. The release of Phantom 2 will help with that.
SHIFT is a great project with a bright future ahead. Its price is deceptively low because of its relatively low supply. $10.00 by middle of summer wouldn't be surprising. The release of Phantom 2 will help with that.