Topic: SONM is the most undervalued coin of 2018, here's why (Read 654 times)

To each his own, but dont dismiss projects because of bumpy starts. Most if not all succesful projects (not just crypto) had problems at first, Disneyland for example had close to no working rides when they opened. We’ll see the working product in a few days

I don't like this project. I hold it but do not watch. Why? I don't trust after some events in 2017. I understand that team work hard and make own product but I don't trust. Today I hold for speculation only and not for idea

SOMN is one of the projects I hold on to its coin since ICO. The project is awesome with active developers and constant development. I believe it’s price will rise after market recover.

Launching in 4 days!

Sonm was one of the major sponsors of the even so everyone there will know about it. Also their booth was very large and the stand was always busy. It looks like big things are finally starting to emerge this year, or even in the next few months

we haven't received any news about what happened during the event. I saw tons of tweets and such from the sonm team of them talking to interesting companies but I guess we'll have to wait for the june livenet release and the august release

Sonm is attending Consensus meeting so in the respect to a meeting happening sonm may come out with some existing tieups and news we can see price hike thereafter

Too bad about the masternodes though, thy said it would take 100K and 500K for masternodes. It looks like I'll be joining a pool soon

I am still a big supporter of this coin, I am holding for a long while now and I will not sell because I am very bullish in 2018. I would recommend you to accumulate some more while it is cheap. The profits will be nice! 

What I mean by undervalued is that it's clear the project has so much going for it, yet prices stay low because people simply don't know about it. If they had half the marketing of eos or vechain, it would probably already be a billion dollar project. Sonm is being smart, they're underpromising but they'll overdeliver soon

Sonm is solid project and can't say the most undervalued but undervalued coin with $124.803.495 USD market cap. If you also consider about sonm's use cases, then you get better sense of how it is undervalued.

https://docs.sonm.com/home/use-cases

Now Sonm coins attending in Consensus meeting we can see more existing news coming in regarding the developments of the coins

Hm, I was going to diversify my portfolio and get pkt, but sonm seems pretty interesting too. Looks like I almost missed the train 

We wait for news. I participate in ICO but with some news, after ICO I hold and do not watch a long time. But now I see that team made a presentation on Consensus and price is going up. I hope project becomes more open

Hope you bought it on may 13th, today the price just reach 4900 sat and around 42 cents in USD. SONM is good for both short term profit and long term hold. THey will announce the detail on Masternode pretty soon

Word. Same here. I'm definitely in for the long term.

I don't recommend buying sonm for a quick profit. I'm sure you could, I think 1$ will be here before august, but I've made some mistakes selling coins far to quickly (bought a ton of litecoin at 4$, sold it at 12$, if I had held on to them for just a few months longer I could've sold them for 20 times more) so I'm not selling my bag for less than 5$ a coin

They are also the main sponsor of consensus 2018, I am sure they will announce a big news tomorrow or after tomorrow. Maybe a partnership announcement

I am bullish on SOMN as well, but not sure about 50x or 100x. The product is good, has active development and price is undervalue now.

Sonm is one of those coins that does very little for a long time, but when the product is ready it will shoot up to the moon. The question is timing on when it is possible to accumulate. Now is a good time while the market is down and release is just a few months away.

And upward continuing, the last chance to get in before the rally starts. I'm seeing some bull coming. I'm thinking SONM one of the best item on my portfolio and I'm not worried the current market position. Let's fill some orders and take your profit later. Nowadays it's tough to pick alts, but SONM is out of that thinking.

Sound arguments. I also hope that Coindesk's Consensus will help crypto market recover.

it's not 'wishes'. If you'd spend 10 minutes googling what they're currently doing (consensus, june crypto mainnet, august general purpose mainnet, own sidechain, hackathon, 200K challenge, ...), you wouldn't even compare sonm to their competition

There are a lot of coins nowadays, i would not even bother myself to take a look over this one, we all know that this kind of threads has always an ending in here, advertising.

No one believes on fake promises anymore, we all know that doing our own research is the best thing to do in here.

it's not funny but instead it's an opportunity.
if you're a trader you should know that a lot of coins were bought this year and it created a historical movement based on its volume.
what does that mean ? that mean something 'big' will happen with it because they're accumulating so hard compared to before.
also compared to those coins(for example ADA),it can not be considered as an overprice project because it has less supply on circulation compared to that project.
while it will finish their product in june,what else that ADA can do ? except those ideas ?
everybody have their own opinion,but before saying something like that you should know and do some research.
so people can see you as someone who bring the light into this darkness room

I support you position. It will be wise to put a sum in SONM immidiately, not after it does x10

I havent seen mcAfee or any other big influencer talk about it, its under the radar big time. Thats why i created this post. Also, its not overpriced at all lol, 20 cents for a supercomputer token isnt overpriced. Then again, this is my opinion

Funny to see that there is a lot of FOMO About Sonm, i dont think that it is under the radar, it is very overpriced for me.

Also, there are a lot of crappy post all around this forum trying to shill a lot of coins, why do you need to create another?

if this is another leap in the development of computer technology, then this is really a very promising project. The main thing is that the team did not lose it and brought to the end what was planned. I think that I will pay attention to their proposal.

I have heard about this coin and there was a trend that most ICO were about super computers, if they are able to fulfill their promise then it would be great and i will be glad to invest in it once again, i will keep an eye on their development and if i see a positive momentum i would definitely consider in investing in it, some of the projects will take a longer time to implement and i think this coin is one of them.

I have liked that project for a very long time and I think they are doing fine and yet the coin has not grow which has been a little bit of a mystery to me, however if the problem is the exposure of the coin I really think that you are right and that we could witness a huge growth in the next months.

Not only do they have a working product, which can very easily be googled, but the most baffling part of your reasoning is that you expect a global supercomputer to be finished faster than the average Hollywood movie.

I have to correct myself, it's July - August



This can be said about every other utility token, what's your point? You either invest or you don't.

You talk about the team, whitepaper but this is nothing to do with token ''sonm'', It will rise for sure speculatively but it will not continue to rise if there is no utility in the very long term

This company SONM ICO came last year. And, I think this is a good project can be the coin go above $10 this year end. But, I am disappointed because I worked harder for the bounty program of this company but still unpaid my reward.

I hope you have any links about this release? Or is it your wishes? I'd like this project and I have big hopes that they will make own product earlier than RLC or Xel. But now my hopes are melting away week by week.

i think this can go up to 10$ this year

Yes, I am also very bullish in SONM for this year since this project will soon launch the mainnet. This project is very undervalued compared to competitors. SONM is like a decentralized amazon aws so the market is very big.

Livenet release is in June.

SONM is closer to a working product than most other crypto projects.

sonm will be huge after consensus and mainnet for sure

Yes, after completion of their ICO, they made a lot of mistakes by not responding to the community and not giving any updates on their progress.After many questions being asked by the community then they start giving updates on the progress and there is a chance to increase SONM price in this year probably.

I hear about this "promising" project almost for a year. And what happened? Nothing) Is there any working money making product or working world largest supercomputer) No) ok maybe I wrong but too long for waiting.

Sonm with the development and marketing still running untill today is the blackhorse in coin marketcap i know it will goes big sometimes after the platform is launch without any error. Its project is like golem. Golem perform well sonm also will gives good return. Its only need time untill many people using their platform.

Dont forget the project is incredibly complex, and yet they still brought out their mvp in less than 9 months, theyve secured very impressive partnerships both in and out of the cryptoworld, and most importantly theyre speaking twice on this years consensus event, of which theyre the first official crypto sponsor.

The first half of the year Sonm made enough mistakes with community work and PR. After they cardinally change their social media politics. And they became more friendful to their investors. But in my eyes (I'm holder) project has some negative shade

And no result at all. I still curious how the developer can distribute the dividend to the token holders and how it works, whitepaper says if that will be generating through sonm full product. But basically they are working on the area that will better to call that as passive product rather than active product.

SONM as I think is the ambiguous project. From one side it has strong team of professional. But from other side they made own product 1 year already. And where is result?

so the price could be hit more than $1 in this year,, ?
and i think this could be happends because if i'm not wrong SONM is one form many succesfull project in 2017

I am also holder of sonm. I really like it as fresh new project in scenery. I was expecting even more when december 2017 bull market happened. My take on sonm: It will hit 10x from now on at later 2018. Its one of the most unique projects in the market.

Nooooo, please. No more shilling. I still want to accumulate :/ But seriously, agree with you 100%. So much under the radar. I'm really glad actually that most people didn't get that yet. SONM is really the number 1 in my portfolio. Looking forward to a x100 here. Seriously. And I'm really trying to be realistic here.
The SONM team is the best I've yet discovered in Crypto. Ambitious, professional, hard-working, transparent... It all comes together.
If I had to bet an all-in on one low cap coin being successful in the future my bet would be SONM with all my portfolio. The field they are attacking is just so huge. And they deliver the perfect solution when it comes to a sharing economy.

I am very bullish on SOMN.

They are not only attending Consensus, they are also Title Sponsor.

Furthermore they just released Operation A, a pretty much "secret" use case they discovered, which is in testing phase atm. Everyone can participate.

I strongly believe SONM is going to go x20 this year, x50 before 2019 is over. Here's why:

Crypto mining is extremely expensive and energy consuming. Also, there are tons of companies outside the cryptoworld as well that need a lot of computing power to function, for example game servers, movie studios, research and development centers, scientific institutions, ... If SONM could power those markets through the network, it would save the world hundreds of billions a year.

Their whitepaper is the greatest one I've ever read, very detailed and clear.

The team is very skilled, active and transparant.

They've got a few great partnerships (dbrain, selectel, strorj, Aion, hacken, ...) and they're part of the open fog consortium and cloud28+ program.

My biggest argument however is the sheer lack of exposure and following this coin currently has, which is about to change; they're going to be speaking at the coindesk consensus event this may 17th. Last years consensus event sparked the december 2017 bull rally. As you know, some companies like IOTA spoke at the event, resulting in massive gains.That time, about 2000 people were in attendance. This year, Sonm will be among giants like VeChain, speaking to about 4500 people. The good thing about the consensus event is that it's barely a few weeks before Sonm crypto mainnet goes live in June. This will show non-crypto companies what sonm can do, which will get them excited to join the general mainnet going live in august. I believe this also will trigger incredible gains.

My estimates are that we'll see Sonm go x10 from here on out before june is over, and x20 before this year is over. What do you guys think?

Also, always DYOR, I've spent a lot of time reading about sonm and following them on all possible media, but that doesn't mean you should blindly follow my reasoning.

edit: I posted this in the wrong thread a few hours ago so you might see it twice.