yes I agree.
dont forget the second direction Sasha has set out "crowdfunding"
he says the first one of a decentralized exchange (probably run by the waves team will be coming shortly) probably fairly quickly as he already has experience in this field with Next tokens and coinami, so this would basically be a modrnized version of what JL777 and Next had had in mind a couple years ago, but with experience behind it..
wonder what will come after that.
they seem to be doing great making its platform development quicker but do you think it would take about a year or two before waves going to skyrocket?
depends on their timeframe, I would guess the capital they have aquired would expidite their development, so maybe a 3 month timeline until a major app/crowdfund is released. Once one successful/useful crowdfund has taken place there will probably be more, if these copycat crowdfunds take place then therre may be a snowball effect.
that being said, if nothing major is released within this quarter we may be looking at a different model where a pump and dump will occur using ICO funds in 6- 12 months. this wouldnt occur until after the halving of bitcoin takes effect and people are trying to find something to put their BTC into.
same goes for all interesting altcoins, but with varying degrees due to their financial liquidity.
Lisk seem to be in that situation, i assume their development has started already as they now build the wall and grows gradually. 3 months isn't that long so users could wait i suppose.
I've once suggest few days ago to postponed the release until halving ends, do you think its a better idea?
No I dont, in fact there will probably be a dip in BTC price post halving, before the effects of the deflation hit the speculative price increase that has happenned so far.
This isnt about BTC price though, its about building a system where Waves becomes the middle coin to multifiat/crypto exchanges for the purpose of funding many large projects.
The reason to hold Waves will (assumably) to create a liquid token transfer while creating a node based POS that will receive compensation through transaction fees caused by these crowdfunding ICO's.
make cents? it should
Ok.. I'm trying to follow what you're saying. So basically this is kind of the same as Digix except, there is 100 million tokens, instead of Digix's limited amount, and it's not backed by gold. Just people holding it as liquidity ?
was that question baited?, or serious? dont feel like going into a long winded conversation about wealth if its just there so you can throw a bone to a coin Digix(I know nothing about this coin and can only assume it has some liquidity due to its promise of being gold backed, basically another form of futures gold trading without oversight)
, but if this is a serious question please refine it a bit more so I can try to answer it better.
Yeah.. It's a question? The last response was that waves was basically a place holder between, transfers of different crypto's and fiat/cash. A place holder would be something thats liquid. Like Gold ? Or something easily transferable that would retain said value, and be stable through a holding period or transfer.
ahh than yes it is a placeholder, one that takes the place of exorbitant exchange skimming, while facilitating and decentralizing the whole process..... On top of that it may just allow all major currencies access to all major crowdfund projects without some of the cross boarder restrictions imposed by fiat....
Now lets just say waves is around in 5 years and has captured a percentage of the marketcap of fiat transfer(of course it would have to release its source code and prove it could do something like zerocash has said it can do by alowing tens of thousands of tps while scaling without causing outrageous bloat)( A BIG IF) Then waves will be the platform that alows billions if not trillions of annual dollars to transfer anualy, and those that are holding the project in Nodes will be the ones collecting the transaction fees in place of banks, than it will be safe to say that because say .1% of these transactions are rewarded in direct compensation to the holders, that there will be a huge multiplying effect upon the waves that are held.
imagine the total worth of waves to be 4-5 times the annual transaction fees of all crowdfund/fiat trasfers that enter the Waves space.(before speculation takes effect.)
it just makes cents.
these are all just possibilities, and I have to few waves to care about whether or not this may drive speculation. so take what I say with a grain of salt.
