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Topic: [ANN] SONM • Decentralized Fog Computing - page 239. (Read 444945 times)

hero member
Activity: 1358
Merit: 834
sad to see these sell walls.

it's been speculated large whales are trying to keep prices down until the arch release so that they can keep accumulating. I hope they keep succeeding for a few months so I can accumulate as well, I'm targetting 50K Sonm by august next year
Same thing happened after the ICO, where the price was kept around 3-4 cents for a long time. Multiplied my stash though, so I'm very happy about that.

Do you mean ~3$ by 50k by the way?

Exactly, we see that often with ICO's. No, I meant an amount of 50.000 sonm. I think by august it could be around 1 - 2$, by december 2018 around 3$, by december 2020 between 10 - 20$ as a result of global hardware development in the form of laptops capable of supercomputing
Oh I see.

$20 by the end of 2020 seems a bit extreme, but on the other hand there already were some coins that had such big returns... so who knows.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
sad to see these sell walls.

it's been speculated large whales are trying to keep prices down until the arch release so that they can keep accumulating. I hope they keep succeeding for a few months so I can accumulate as well, I'm targetting 50K Sonm by august next year
Same thing happened after the ICO, where the price was kept around 3-4 cents for a long time. Multiplied my stash though, so I'm very happy about that.

Do you mean ~3$ by 50k by the way?

Exactly, we see that often with ICO's. No, I meant an amount of 50.000 sonm. I think by august it could be around 1 - 2$, by december 2018 around 3$, by december 2020 between 10 - 20$ as a result of global hardware development in the form of laptops capable of supercomputing
NrX
sr. member
Activity: 770
Merit: 254
SONM team is keep pushing the development to next levels in the meanwhile they are not taking marketing easily. Presence at every important event and timely updates with rearranged roadmap now let very positive impression about the project. Cryptocurrencies will get more value with the passage of time.
hero member
Activity: 1358
Merit: 834
sad to see these sell walls.

it's been speculated large whales are trying to keep prices down until the arch release so that they can keep accumulating. I hope they keep succeeding for a few months so I can accumulate as well, I'm targetting 50K Sonm by august next year
Same thing happened after the ICO, where the price was kept around 3-4 cents for a long time. Multiplied my stash though, so I'm very happy about that.

Do you mean ~3$ by 50k by the way?
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
sad to see these sell walls.

it's been speculated large whales are trying to keep prices down until the arch release so that they can keep accumulating. I hope they keep succeeding for a few months so I can accumulate as well, I'm targetting 50K Sonm by august next year
hero member
Activity: 1358
Merit: 834
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess

LOL institutional investors are not very interested in cryptocurrencies. All investments by huge funds are marginal. Liquidity and volatility is the main issues stopping institutional investors and from further steps in crypto market.
That's already starting to change though. I've heard bankers talk about and showing interest in crypto, so it's just a matter of time. There's also Ripple which specifically targets banks... and there are numerous banks within the EEA. So large institutions are definitely not "not very interested in cryptos" as you suggest.

One way or another, there will be a massive influx of money into crypto this year. There is more awareness, and everybody will want to jump on the train before the departure.

Not just this year, crypto will keep growing for decades to come. It's the most efficient way to conduct any financial business and thus is poised to shift the current paradigm of investing.
member
Activity: 73
Merit: 10
Long term hodler
sad to see these sell walls.
full member
Activity: 218
Merit: 100
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess

LOL institutional investors are not very interested in cryptocurrencies. All investments by huge funds are marginal. Liquidity and volatility is the main issues stopping institutional investors and from further steps in crypto market.
That's already starting to change though. I've heard bankers talk about and showing interest in crypto, so it's just a matter of time. There's also Ripple which specifically targets banks... and there are numerous banks within the EEA. So large institutions are definitely not "not very interested in cryptos" as you suggest.

One way or another, there will be a massive influx of money into crypto this year. There is more awareness, and everybody will want to jump on the train before the departure.
full member
Activity: 658
Merit: 129
Like I thought price made today a jump. Now the Fork is over and people will swap again into Alts. Give it some days and SONM will hit his 6000Sat again. Good luck to all
Just a little jump today, and just the first Fork is over. People may wait until the Segwit2x Fork is done and hopefully this ridiculous Fork-Story ends then.
hero member
Activity: 938
Merit: 517
Like I thought price made today a jump. Now the Fork is over and people will swap again into Alts. Give it some days and SONM will hit his 6000Sat again. Good luck to all
full member
Activity: 353
Merit: 100
SONM clearly has a lot of potential ,and community is power ,could official make a airdrop camaign look like OMG , that's really stronger community
full member
Activity: 504
Merit: 128
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess

LOL institutional investors are not very interested in cryptocurrencies. All investments by huge funds are marginal. Liquidity and volatility is the main issues stopping institutional investors and from further steps in crypto market.
That's already starting to change though. I've heard bankers talk about and showing interest in crypto, so it's just a matter of time. There's also Ripple which specifically targets banks... and there are numerous banks within the EEA. So large institutions are definitely not "not very interested in cryptos" as you suggest.
yes this is huge success for crypto and BTC marketcap is already more then 100 bil $
and in the crypto sonm is making place all the crypto coins are down tokens also but sonm price is stable
after bitcoin fork price will be up more then 100% i consider.
let's wait and hold sonm for little more now i will hold then until prices goes more then 1 $
best of luck sonm and its team and community also
hero member
Activity: 1358
Merit: 834
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess

LOL institutional investors are not very interested in cryptocurrencies. All investments by huge funds are marginal. Liquidity and volatility is the main issues stopping institutional investors and from further steps in crypto market.
That's already starting to change though. I've heard bankers talk about and showing interest in crypto, so it's just a matter of time. There's also Ripple which specifically targets banks... and there are numerous banks within the EEA. So large institutions are definitely not "not very interested in cryptos" as you suggest.
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess

LOL institutional investors are not very interested in cryptocurrencies. All investments by huge funds are marginal. Liquidity and volatility is the main issues stopping institutional investors and from further steps in crypto market.

Wrong, they're extremely interested. When a bank says 'dont buy' they're saying 'hold on, we're buying now, you wait your turn'
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess

LOL institutional investors are not very interested in cryptocurrencies. All investments by huge funds are marginal. Liquidity and volatility is the main issues stopping institutional investors and from further steps in crypto market.
sr. member
Activity: 476
Merit: 253
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess
If they can invest in BTC, they can do same with alts too) There are no any problems with it.
BTC accumulated 58,5% of all crypto markets. So, this disbalance must be solved.

thats not true, they can only invest in real assests worth over 100 billion (and some other criteria of course). The disbalance will no doubt be solved, but it might not be for this year I'm afraid. Not to worry of course, I'll keep happily buying Sonm at this ridiculous price
They can form large fund for crypto assets and buy securities of this fund.
hero member
Activity: 770
Merit: 500
There will be a market with sellers and buyers. They will set the price from each side. If you will need a power for calculations you will have to pay a little bit more than it can be paid just for mining purpose. But anyway the market will set the price for this service.
I hope it is right...
sr. member
Activity: 644
Merit: 252
IMUSIFY - Award Winning Blockchain Music Tech
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess
If they can invest in BTC, they can do same with alts too) There are no any problems with it.
BTC accumulated 58,5% of all crypto markets. So, this disbalance must be solved.

thats not true, they can only invest in real assests worth over 100 billion (and some other criteria of course). The disbalance will no doubt be solved, but it might not be for this year I'm afraid. Not to worry of course, I'll keep happily buying Sonm at this ridiculous price
sr. member
Activity: 476
Merit: 253
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess
If they can invest in BTC, they can do same with alts too) There are no any problems with it.
BTC accumulated 58,5% of all crypto markets. So, this disbalance must be solved.
hero member
Activity: 1358
Merit: 834
Guys could this project  ever hit $5? I mean EOS did it also with almost same coin total supply.
I think $1 in December
Sounds about right, maybe January or February but probably no later than that.

We'll see, institutional money is now free to enter bitcoin as its total value is 100 billion. The banks/governments can therefore invest in it without any problems. As they can't do that with the alts, it's possible we'll see bitcoin go up to 7 or 8K, keeping the alts a little longer in the shadows. Now, Sonm will reach 1$ no doubt before august of next year, but what happens between then and now is anybodies guess
Banks have to follow strict regulations, so it's difficult for them to enter the crypto markets, although I'm sure they are trying to.

But yes, $1 seems very cheap for next year's August, since the beta is coming out around that time.
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