Topic: Elixir to easy reach 2000$? (now 0.7$) - page 4. (Read 1437 times)

Guys, Elixir more expensive than Eth is nonsense. How many coins you know that have price more than ETH exclude BTC? What such an exclusive Elixir offers?

If we talk realistically then price can not reach that much, it is a project backed by a service, so if it will be massively adopted then we may see big demand and price otherwise it will revolve around a specific range with ups and downs.

the point about such crypto apps is ALWAYS about adoption in the end.

Ethlend or Salt got big because of adoption.

But even if Elix has a sweet app...it has literally no use for adoption. Only lending to friends you know and can trust to get money back? why not give them a bit fiat instead directly?

Still can not see the big use of this token overall. Unless they solve that issue. (maybe with a security needed for a loan)

Yes I think it is possible for Elixir to reach 2000USD per chip because with 2000USD the marketcap will be less than 120 billion USD so it's realistic for this project but they will have the product ready, hire more developers and have a partnership with a very well known company. In my opinion, when Elixir will reach this high then Bitcoin will have at least one trillion usd marketcap. Anyway I think Elixir have a lot of potential and it is very undervalued right now

its okay man, more Elix for us 
just posted this in a couple other threads so, not tryna spam, but i want to build on what you said

From the Elixir White Paper (below)
---
"We also hope to provide this global lending system for institutional usage as well. While the advocation
and calling for all financial institutions to be decentralized is growing, it is unrealistic to think
that they will go away in a short period of time. Therefore, Elixir will be at the forefront in
providing both decentralized platforms for P2P lending, as well as allowing larger institutions to
utilize the technology we have created, as well as allow people to lend and borrow using
decentralized technology."
---
If this occurs Elixir could definitely take 3-5% global market share

so needless to say that i share you're enthusiam  altough i will be happy if Elixir reaches $15-30 dollars
Keep in mind that Goldman Sachs is setting up a crypto currency trading desk this June, 2018 is going to be bonkers

strong argument of respected user registered 07 january 2018 who's spamming just to get some activity.  

Elixir reached it's ATH with almost 2.5$ at january without even full development of project and app (which is going on) - what makes it feel amazing. After market crash which not everyone could predict at this time, and also lending coins FUD because of BCC, it falls down to 0.7$. We can expect easy 30$ when the market bulls and roadmap is delivered this year. But anyway - there ends speculation and just starts the project, technology and prospects which drives price up. It seems much better than other lending coins like salt and ethlend, because of, simple examples;
Ethlend - it always takes fee of 0.01 eth to place loan and 0.01 eth and eth gas for funding loan, which will be worse when ethereum price will go higher
Elixir is always feeless - only eth gas fee.
Salt - you can only loan amounts higher than 5000$ and this simple thing can't make people adapt to this
Elixir can even let you loan from someone small amounts like 10$, or loan it to other


Now we can feel it's much stronger than other loan coins.
And it's time to explain why P2P lending is future.
Some statistics:


source: transparencymarketresearch.com
"TMR findings suggest that the opportunity in the global peer-to-peer market will be worth US$897.85 bn by 2024 from US$26.16 bn in 2015. The market is anticipated to rise at a whopping CAGR of 48.2% between 2016 and 2024. The biggest contributor to this growth will be small business end user segment that was likely to pace ahead at an impressive CAGR of 48.8% during the forecast period, very much retaining its leading stance."

Let's take just small little 5% (!) of p2p global industry from 2024. It makes it market cap of elixir almost $45b dollars. Time to divide it by estimated supply in 2024, for example about 90 m.
IT MAKES PRICE BY 1 ELIX = 500$!!!
What when we take 10%? 1000$. 20% will drive it up to 2000$!!! price.

The future is there, p2p lending and ELIXIR.

Tell me what you can find wrong in my logic if anyone like this finds out, let's discuss this.