Author

Topic: ETBS Speculation Oct 2017 - Mathematical Analysis about EthBits by CryptoHODLERS (Read 238 times)

member
Activity: 81
Merit: 10
member
Activity: 81
Merit: 10
Hi,

I invested in ETBS and I think that it will be a nice investment to hodl for the mid&long-term.

I wrote an article with a mathematical analysis about it on Medium: https://medium.com/@CryptoHODLERS/etbs-market-analysis-efce9bfa61d7

Ethbits will release two platforms: Local Ethbits and iTrade and they will share part of their Profit with Token Holders. (up to 80%)


Local EthBits: ( https://www.ethbits.com ) is a platform that will be launched officially on 7th October 2017. It will be used by users for buying BTC/ETBS and other Altcoins (such as ETH and XMR) with BTC/CASH/SEPA/Bank Transfer/ETBS through an easy and user-friendly layout. In less words the platform aims to give access to the mass to the most famous cryptocurrencies with FIAT money. Local Ethbits also have less fee, only 0.5% compared to Local Bitcoin and, as already said, will allow users to buy many altcoins. These points will help the growth of Local Ethbits.

iTrade: iTrade aims to be an user-friendly exchanger completely customizable. It will be a centralized exchanger aiming to be as decentralized as possible. You can imagine it as a Bittrex with a tradingview ability and an Auto Trade system; In fact would be possible to follow the Top Trader Strategy with an unique built-in Algorithm. ETBS team aims to add also the option for depositing and withdrawing FIAT. ETBS will be used for paying the transaction fees, so the Tokens will have also an usecase inside iTrade

In My article I analyzed 3 different scenario with different daily volume and share. (Full calculation on https://medium.com/@CryptoHODLERS/etbs-market-analysis-efce9bfa61d7 )

I came up with the conclusion that ETBS are very undervalued at the moment (just 1.50$ each), with 2.4M marketcap

My Marketcap Predictions are:

A) 8–10M by the end of Q4 2017, if ETBS got listed on other exchanger and pay Q4 2017 share (roughly 6.25$ each ETBS), that means x4.16 from 1.50$

B) 50M for Mid-2018, because iTrade is expected to be delivered by that date (roughly 31$ each ETBS), that means x20 from 1.50$

C) 100M by the end of 2018 (roughly 62$ each ETBS), that means x41 from 1.50$

You can also find my analysis on PDF format at https://mega.nz/#!JWBmlKbC!W1KHkIqlv2PhiY7fMB7seIIYm2WN0FpToQuXmHWzIZQ



What's your opinion about ETBS?




Jump to: