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RE: What’s Cardano (ADA) really worth?
@cryptographic,
I heard about ADA but today I got an idea how much it might be worth when comparing to BTC market supply! Actually I never did such kind of analysis before! If I am not mistaken this is the perfect analyzing methodology before investing on any kind of crypto currency!
I have two requests to you! Please be kind enough to write a review about LTC and XRP! I am little stucked with those coins :/
Cheers~
Litcoin has a 4:1 total supply ratio with BTC. With BTC at $5,800, LTC should trade at $1,450. That means it's roughly a 30 to 1 return on investment candidate.
Ripple has ~1,691 more total supply than BTC = fair value at $3.16 with BTC at $5,800, making it just slighly better than a 15x candidate.
Of course, this is just a baseline method to get a general idea, but there are a multitud of other factors to consider, just like in the cases of STEEM, BTS and SYS there are genuine business also afoot, there are negatives to also consider like that of being a simple passive cryptocurrency operating in the perhaps shortening shadow of Bitcoin, as in the case of LTC. Nevertheless, like you say - and I obviously agree - it is a perfect way to set the big picture up. Thanks for the feedback!
@cryptographic , agreed about steem, bts and sys. ltc is a big candidate too since it is a bit more known as this 3 for now. upvoted. @gold84
By the way have not heard from you on the latest posts of buying opportunities.
@cryptographic,
Thank you very much friend this is very useful thing before buy any kind of coin!
Yeah you are very true! STEEM, BTS and SYS seems good projects! I think it's time to sell my XRP base and move to STEEM or BTS!
Great analysis friend! Hope to hear more about this technique from you!
Cheers~
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