Why QASH is a top 5 contender
I'm interested in statistics and trends because you can read behaviors from them, especially in the cryptocurrency market. I want to provide you all with some insight regarding spotting cryptocurrencies that are contenders for a top 5 spot:
Traditional marketing works too well positively and negatively for cryptocurrency projects. Layman investors comprise a significant portion of the market; partnerships, developments, releases, and lack thereof create massive volatility positively or negatively. An equal combination of development and news contributes to a more linear progression of a projects velocity (either positively or negatively depending on whether releases are positive or negative). Once a project releases their mainnet or blockchain, a positive or negative linear acceleration occurs dependent on if their product is exactly what they promised to deliver or more (we are now seeing this with testnets because we are in a speculative-demand bubble).
This positive/negative velocity accompanied by a positive/negative acceleration is concerning community growth, project growth, and simultaneously the market cap of that company’s cryptocurrency (most typically in that order; there are outliers from that standard deviation)
Examples of positive velocity followed by positive acceleration include:
Ethereum, NEO, Omisego, Waltonchain, Ripple, Litecoin, IOTA, NEM/XEM, Request Network, and I suppose we will find out if this model is successful for ICX
There are multitudes of other projects who have had astronomic gains, but these are propounded by confounding variables in a Laissez-Faire economic model as seen in the cryptocurrency market (market manipulation, over-promising, fake news, etc…). As stated by Mike, QUIONE is looking for steady growth; however, this will be followed by an increasing linear acceleration (if QASH positions itself correctly in regards to marketing and delivering QUIONE products as promised).
Partnerships and actual products are a necessity in choosing the right project, but after you have chosen a project, this is a good guide to follow, in my opinion.
As an aside, you can use this model in extremes to make money, but ultimately I believe these projects are not solid and have the potential to fail after this speculative-demand bubble bursts.
I am not here to muck-rake, but take Tron or Verge for instance.
In Tron's case, [Justin Sun] is releasing constant news and "partnerships", and we have seen the community grow exponentially. However, Tron is currently vaporware. This is not a bad thing, but it is something to take note of.
I personally think QASH is in a similar phase to what Ethereum was in 2016. We have a team of 90+ individuals working around the clock trying to unify every exchange and provide liquidity to the market. And ultimately, QASH will have its own blockchain that brokerage firms can and will utilize to directly access the cryptocurrency market and provide cryptocurrency brokerage services from their end. From my observations of Mike's AMAs, Mike is an honest guy and wants the best for his community.
QASH may be one of the best projects out there that is still in the early, early adoption phase as seen from community growth, communication, roadmap deadlines, foundation, and overall scope. It will be interesting to see if we reach this linear acceleration by the time the World Book is released. We may even see the linear acceleration trend start to pick up after the Beta is released if market conditions continue like they are.
Wow, random coin will go up if market remains bullish... just genius