Topic: Gochain price speculation (Read 304 times)

There's been a huge amount of announcements, and great developments for GoChain in the last month.

-They've secured a large company to run two of their nodes (DISH Network) and build tools on GoChain. In order for GoChain to reach it's own goal of decentralization, they'll need 49 more company such as this in different parts of the world to run their nodes. The network runs as intended already though, but not to the degree of decentralization that they hpe to achieve. DISH build on the GoChain most likely relates to a planned expansion into 5G.
-There's several other companies that are looking at GoChain and as such could be candidates to run nodes/be building on GoChain. Travis CTO of GoChain has become advisor to Salesforce. Microsoft has launched a proof of concept regarding Decentralized Identity on the Blockchain. Redcat is looking at running drone tracking on the blockchain and have GoChain as a major candidate.
-GoChain as an ICO platform has had a slow start with few realizations. But there's now a planned exchange called Pukkamex that intends to be the first to run an ICO on GoChain. If successful, it may be interesting to see what happens when GO becomes a major asset of an exchange, even if it'd be a small and new one, it may have some success as it looks as if it might be marketed towards Arabic investors in particular.
-Most interesting of all, however is that the platform itself is evolving. GoChain is already a top performing blockchain. The most prominent features is that it's ETH compatible, so that anyone who is running an app on Ethereum can choose to upgrade to GoChain in a couple of seconds. Therefore anyone building on Ethereum, is potentially switching to GoChain in the future as long as GoChain can continue to outperfom EThereum as a platform. Further, since it has a very practical approach to the consesus mechanism (with only 50 nodes that don't need to perform "work"), it's very fast, very scalable and very energy efficient (important for big companies looking to reduce their carbon footprint). That's all old news though and something many might wonder (even after they realize how good GoChain is) is whether GoChain is a big enough "brand" once the competition catches up and improves their chains to compete. But GoChain just recently developed something completely new. Upgradable Smart Contracts. That's an edge that might take some time for competing chains to implement. It's a real development that will make building on the blockchain easier and above all, less risky.

While all this has been revealed the price has been dropping like a stone. I think the future ahead may be bright though.

Fortune 250 company Dish Network has officially become a signing node on GoChain’s public network. This company has over $13 billion in revenue.

Jason Dekker CEO of GoChain said "There’s a lot more coming! We are just getting started...short term and longer term. Like I keep saying these big deals take time. And, there’s more behind all these announcements as well. The companies we are working with have massive plans and these deals will lead to greater Enterprise adoption with these named companies and others to come. These big companies are very very smart. They see what we are building and there’s a reason they want to work with us and build on our Protocol! There projects need speed, performance, low fees, and a team they can count on! Ask yourself this when you see the news come out that we release... why would these Fortune 500 companies be working with us? They know something about their future business projects and they’ve done due diligence on us. I’ll let u guys add it up. It will just become clearer and clearer..."

This is huge guys. Hold onto your hats, next stop the Moon

https://www.prnewswire.com/news-releases/gochain-adds-dish-network-as-first-enterprise-node-signer-on-a-public-blockchain-300832135.html

Yes, there is a token on Bitrex. Volume on the exchange tends to zero. We need a stable volume and rise in the price of the token. And so it was just a drain

"American software corporation Microsoft will integrate its Azure Blockchain technology into stock exchange Nasdaq Inc.’s Financial Framework (NFF), according to an Oct. 30 press release".
https://cointelegraph.com/news/microsoft-to-integrate-blockchain-offering-into-nasdaq-services-following-new-partnership

When people realise GoChain has a partnership with Microsoft's Azure, things could get interesting.

When Bittrex and then the rumor of Binance came out, the price had started to rise. But I think he couldn't reach the expected levels. Is there an event in the next calendar?

I have good expectations about this chain, but the team should be making real innovations or it may result in too little too late, like so many other good ideas out there.

Significant progress, but with this price still at a lower price, we just hold it, who knows in the next year that prices are increasing

"Failed to show enough potential" - How many projects can you name that are Ethereum compatible and have an active mainnet running at 1300 TPS, with transactions confirmation times of approx. 4-6 seconds?

The hype is normal with this one. Although I'm eager to see how PoR based coins do. Last time I noticed, the price dropped a bit.

It's still early to say whether it's a legit run or just pump up. But one good thing that caught my eyes is this coin has been listed on Binance. I think people will be relieved seeing an ICO doing good after so many days.

As it is listed in Binance it must be doing pretty well for an ICO, but still it is early to tell whether the run is legit or just another pump.

It is really hard to ascertain the price at theis point as most of us don't have proper knowledge about this. All of this could be fabricated to some extent.

and what's your definition of a project making sense. It seems you don't know anything about Gochain, you just made conclusion without making any research about the project, that's not right thing to do. Take your time to educate yourself about it.

There were a lot of positive review on Gochain. It is completely compatible with ethereum wallets, tools and smart contracts. It has a lot of potential and it wants to improve on the smart contract system.

A little research before your response would have exposed you to such information as-first ICO is launching on their blockchain on November 5th,and they currently have Dapps running already. The price of this coin will tend to zero. Because this project doesn't make any sense.

Though the Gochain is showing promises, it looks suspicious. For some reason, the project failed to show enough potentiality. And, there is no way to predict the target of this coin in this volatile crypto market.

The review of gochain isn't that good as the products under it are not that up to the mark. If the price rose high, it might be good for the investors, but as of this unstable coins, it might fall anytime.

I have not studied too far about GoChain coins. I just saw the sky rocketing too fast, sometimes things like this can certainly be maximal and tend to fall quickly. When speaking of targets, I think almost all altcoins have a target to be the best.. And that is still in reasonable logic.
Thanks.

Gochain seems potentially good from the market stats perspective but it remains to be seen how well it is at sustaining a decent value. As of right now it seems promising but that's how a lot of coins look at first basis but, even with that being said doesn't mean it is a bad investment as potential is potential and this coin could turn out to be a good investment in the future. Which we'll be able to see.

Gochain was rising too fast in late October, 2018 so it will correct to 900 sats soon. But if GO will fall below 900 sats so it will be the downtrend confirmation but not correction. The possible downtrend can dump the price to 500-600 sats again.