Topic: Can IDENA price touch $1 ? - page 6. (Read 2121 times)
I visited their telegram group, what i observe- a very strong community. It's very much possible IDENA could reach $1 I also suggest get your bag at this low, DNA might not disappoint you.
This is my reason, why idena can touch $1.
First, the number of participants who pass the validation each period always increases so that the validation reward will decrease.
Second, the income from mining validated coins will decrease with the number of miners in each period.
Third, if the income from mining and validation decreases, the price is predicted to increase
fourth, Invitation Code will be increasingly rare and always sought after because there will be many new validation participants appearing.
fifth, Idena will be listed in other markets in the future
sixth, on the development side, Idena will always innovate in continuing development.
First, the number of participants who pass the validation each period always increases so that the validation reward will decrease.
Second, the income from mining validated coins will decrease with the number of miners in each period.
Third, if the income from mining and validation decreases, the price is predicted to increase
fourth, Invitation Code will be increasingly rare and always sought after because there will be many new validation participants appearing.
fifth, Idena will be listed in other markets in the future
sixth, on the development side, Idena will always innovate in continuing development.
After studying about idena, i found idena has its own decentralized blockchain. The first human centric cryptocurrency that allows mining.It gains excellent development and already pump around 30 cent after listed on hotbit exchange with 5BTC daily volume. It's not hard to idena touching $1 if it listed some more exchange like huobi,kucoin or binance.
There is no doubt that Idena will reach $10-$50! Don't question me, time will tell you everything!
is there any reason you can know that IDENA can reach $ 10- $ 50? currently there is no sign that IDENA is worthy of that, no big exchange has confirmed that they will list IDENA, I am still waiting for Bithumb or Huobi, if I am sure IDENA will reach more than $ 1
There is no doubt that Idena will reach $10-$50! Don't question me, time will tell you everything!
I am also sure that IDENA can go to $ 1, the total supply is less than 60 million which is very profitable and a good reason for IDENA,
I want to buy if the price of IDENA is below $0.2
I want to buy if the price of IDENA is below $0.2
Idena still standing @ .27$ but if you truly supporting this coin to head over 1$ you can accumulate and wait till the time it push thru.
There are many people who are talking about Idena and with how the system works, interest from both those who join the validation and investors will grow from time to time. You should prepare yourself now and earned decent when the time comes.
I think Idena will reach $1 faster than XRP reaching $1. Both are of the same price right now, but if Idena will be aggressive with their developments, we will be seeing $1 soon. So if you are Idena holder, you need to closely follow their updates and social media channel and weigh if they have good developmental plans in the pipeline. Because constant activity will keep the interest of its followers and price increase will be close by.
other exchanges will add iDena soon, at least it will increase IDena's trading volume so it is possible that the price will also increase even higher, given the small amount of supply I don't think it's hard to touch $ 1 at the end of the year https://support.probit.com/hc/en-us/articles/900002364666
time will tell that. for now Idena development is quite good. however, the price is still quite far from the price of $ 1, but this like XRP, the potential to reach $ 1 is quite large. Well, we need to see this development at the end of the year.
I am also sure that IDENA can go to $ 1, the total supply is less than 60 million which is very profitable and a good reason for IDENA,
I want to buy if the price of IDENA is below $0.2
I want to buy if the price of IDENA is below $0.2
Idena still standing @ .27$ but if you truly supporting this coin to head over 1$ you can accumulate and wait till the time it push thru.
There are many people who are talking about Idena and with how the system works, interest from both those who join the validation and investors will grow from time to time. You should prepare yourself now and earned decent when the time comes.
Recently I see so many people talk about Idena, but I'm not sure that's enough to make the price become $1
Everyone talks about top 560 CMC coin and it is not enough to boost it to top 300 CMC (1$ price) ?? It is way more than that
Who talks about Lisk anyome? Top 60 CMC or NEM top 20CMC ... no one.I also have a laptop and I think the specification is good. If worth it maybe I will mine it too.
You will find answere here.
https://idena.site/faq_tutorials.php
I was mining idena for months on my 10 years old laptop. I'm sure yours will handle it. Not sure about your network connection.
It is better to run it on VPS. You can test digital ocean for 2 months for free (or vultr for 1 month for free)
how many Idena you will earn every day?
Cryptovigi made good calculation here. But you need to scale that to 3600 nodes and 30 cents/DNA
1. prize from mining: currently 2564 nodes online so 25,920 / 2564 = 10,109 coins per day * 30 = 303.27 coins per month
2. 2 x validation reward (currently validation is every two weeks) ~ 47 coins x 2 gives 94 coins
3.flip reward 17,693 coins for each flip minimum 3 maximum 5 (with human status) which gives from ~ 53 to 88 coins (x2 validations per month) from ~ 106 to ~ 176 coins per month
so only from this we have up to 573 coins (the current iDNA coin rate is $ 0.27) what makes ~ $ 150
4. additionally, we have a chance to invite others to the Idena project and if the user we invite undergoes the validation process, we will get ~ 47 coins for the first validation, 3 times more for the second and 6 times more for the third ...
so with a maximum of two invitations from trusted people, every two weeks we can get an additional 2x47 (first validation) + 2x141 (second validation) + 2 x282 coins (third validation) , i.e. together with a lot of luck 940 coins x 2 validations which can give you 1880 coins a month ~ $ 507 but let's be honest it is not easy to find 4 users each month who will pass 3 validations in a row so let's assume that only 25% of them (i.e. 1 of 4) will pass 3 validations what gives ~ $ 127 per month
So together we have from ~ $ 650 a month (but let's be honest it's very difficult and unlikely) to ~ $ 277 a month - definitely achievable.
Since Idena is blockchain everything I wrote here can be checked, for example, at https://scan.idena.io/epoch/52/rewards but remember that they are based on today's Idena rate so they may go up or down if the coin rate changes.
I wrote well about profits but what about costs?
time: for each validation you need to prepare 3-5 flips making a good one may take 15-30 minutes, so up to 45 minutes up to 2.5h twice a month and an additional 20-30 minutes for validation (x 2 validations per month) so we spend 2.5 to 6 hours per month.
mining costs: i.e. electricity or VPS, about $ 5 per month
2. 2 x validation reward (currently validation is every two weeks) ~ 47 coins x 2 gives 94 coins
3.flip reward 17,693 coins for each flip minimum 3 maximum 5 (with human status) which gives from ~ 53 to 88 coins (x2 validations per month) from ~ 106 to ~ 176 coins per month
so only from this we have up to 573 coins (the current iDNA coin rate is $ 0.27) what makes ~ $ 150
4. additionally, we have a chance to invite others to the Idena project and if the user we invite undergoes the validation process, we will get ~ 47 coins for the first validation, 3 times more for the second and 6 times more for the third ...
so with a maximum of two invitations from trusted people, every two weeks we can get an additional 2x47 (first validation) + 2x141 (second validation) + 2 x282 coins (third validation) , i.e. together with a lot of luck 940 coins x 2 validations which can give you 1880 coins a month ~ $ 507 but let's be honest it is not easy to find 4 users each month who will pass 3 validations in a row so let's assume that only 25% of them (i.e. 1 of 4) will pass 3 validations what gives ~ $ 127 per month
So together we have from ~ $ 650 a month (but let's be honest it's very difficult and unlikely) to ~ $ 277 a month - definitely achievable.
Since Idena is blockchain everything I wrote here can be checked, for example, at https://scan.idena.io/epoch/52/rewards but remember that they are based on today's Idena rate so they may go up or down if the coin rate changes.
I wrote well about profits but what about costs?
time: for each validation you need to prepare 3-5 flips making a good one may take 15-30 minutes, so up to 45 minutes up to 2.5h twice a month and an additional 20-30 minutes for validation (x 2 validations per month) so we spend 2.5 to 6 hours per month.
mining costs: i.e. electricity or VPS, about $ 5 per month
I hold IDENA in my bag, I get it for free from their validation event which is now held every 2 weeks and also mine the coins using a normal laptop
Can you share the specification of your laptop and how many Idena you will earn every day? I also have a laptop and I think the specification is good. If worth it maybe I will mine it too. Recently I see so many people talk about Idena, but I'm not sure that's enough to make the price become $1
I am also sure that IDENA can go to $ 1, the total supply is less than 60 million which is very profitable and a good reason for IDENA,
I want to buy if the price of IDENA is below $0.2
I want to buy if the price of IDENA is below $0.2
I'm really doubt that IDENA reach $1, IDENA is planning to list their coin into some of the top exchanges soon. Yes, it will definitely make the price goes higher but for $1? It's really difficulty actually, today IDENA is down to $0.26 which is -11%, it is still a new fresh coin that is being traded on different exchanges so yea the possibility is still there.
other exchanges will add iDena soon, at least it will increase IDena's trading volume so it is possible that the price will also increase even higher, given the small amount of supply I don't think it's hard to touch $ 1 at the end of the year https://support.probit.com/hc/en-us/articles/900002364666
time will tell that. for now Idena development is quite good. however, the price is still quite far from the price of $ 1, but this like XRP, the potential to reach $ 1 is quite large. Well, we need to see this development at the end of the year.$1 is very easy to be reached as it has a very small supply.
other exchanges will add iDena soon, at least it will increase IDena's trading volume so it is possible that the price will also increase even higher, given the small amount of supply I don't think it's hard to touch $ 1 at the end of the year https://support.probit.com/hc/en-us/articles/900002364666
time will tell that. for now Idena development is quite good. however, the price is still quite far from the price of $ 1, but this like XRP, the potential to reach $ 1 is quite large. Well, we need to see this development at the end of the year.$1 is very easy to be reached as it has a very small supply.
Idena is also one of those projects that is quite good and has received quite a lot of attention, but the most important thing is that it can float better than the defi token nowadays? Right now investors are following the trend and so the money is only focused on defi tokens, potential altcoins like IDENA will die in silence. so I think IDENA should have AMAs to attract more investors as well as create more community for them to continuously fomo.
all of course it takes a long time while Idena is a new project and has recently become popular Everything has been thought of by the team so that Idena can be trusted in the eyes of investors and what you think is right many investors now like token defi, I also hope that Idena can turn into a token defi in the future 
Idena is also one of those projects that is quite good and has received quite a lot of attention, but the most important thing is that it can float better than the defi token nowadays? Right now investors are following the trend and so the money is only focused on defi tokens, potential altcoins like IDENA will die in silence. so I think IDENA should have AMAs to attract more investors as well as create more community for them to continuously fomo.
idena could be above $ 1 if the development of the idena coin is very good in the future.
Every coin has that opportunity as long as the supply is not so high, IDENA has a supply of below 1 billion, so they could reach $1 "if the development of the idena coin is very good in the future" as you said it. but this we can see after the Idena coin on the market, how the actual price happened...
IDENA already are in the market, list in Hotbit already (https://coinmarketcap.com/currencies/idena/markets/).
Yes you are right "Every coin has that chance as long as the supply is not too high", those with a large supply usually price is low.
Currently the idena price is $ 0.298 and in a few days IDENA will be listed on the Probit Exchange, it looks like there will be a chance the price will touch $ 0.4 but still can't touch $ 1. If the project developer has other Good News related to developments maybe going to touch $ 1.
idena could be above $ 1 if the development of the idena coin is very good in the future.
Every coin has that opportunity as long as the supply is not so high, IDENA has a supply of below 1 billion, so they could reach $1 "if the development of the idena coin is very good in the future" as you said it. but this we can see after the Idena coin on the market, how the actual price happened...
IDENA already are in the market, list in Hotbit already (https://coinmarketcap.com/currencies/idena/markets/).
idena could be above $ 1 if the development of the idena coin is very good in the future. but this we can see after the Idena coin on the market, how the actual price happened...
other exchanges will add iDena soon, at least it will increase IDena's trading volume so it is possible that the price will also increase even higher, given the small amount of supply I don't think it's hard to touch $ 1 at the end of the year https://support.probit.com/hc/en-us/articles/900002364666
hoping this will happen, I have been paying attention to IDENA since 5 months ago, and are slowly buying it.IDENA's current price is still between @ $ 0.2, hopefully reaching $ 1 by the end of this year.
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