DeepOnion Price Prediction 2018 - Will It Grow Massively?

in #deeponion7 years ago (edited)

DeepOnion's price is entirely based on how much the "market" perceives it will grow. With no economic predictor of how much it's worth, the system is entirely dependent on the hearsay and speculation that's fuelled the majority of the "crypto" systems in the market.

In other words, there is very little by way of "predictions" that you can use to determine the price of the asset. Obviously, that hasn't stopped most people from jumping right in and trying to buy the various tokens at rock-bottom prices (hoping they'll grow). More seasoned investors work a little differently.

Before we begin, it must be stated that no-one knows where the price of a "share"/"asset" will end up. This is as true in the "crypto" market as it is in the stock market; the only difference is that the stock market is regulated (meaning that every asset listed on it needs to have some sort of underlying economic information attributable to it.

The "crypto" market is indicative of all the other "markets" which pop up due to technological developments; day trading, forex and a swathe of others have often fallen into this category. To be sure that you're making the correct decisions, you need to be clear about how you're going to analyze the price of DeepOnion's "token" - and ultimately what it will mean for anyone looking to make progress with it.

Without any "commercial" application (like Corporate VPN or Encryption solutions), DeepOnion is going to remain an obscure "crypto" currency - likely reading around $40 / $50 by the end of the Year 2018 and if the momentum continues, there will be huge spike in the cost of the tokens than predicted.

Therefore, when considering the price of the underlying token, what you're looking at is, whether it can achieve adoption & growth within the crypto space and fortunately, with a lot of effort from the DeepOnion team and the community, It does look like it will happen, leading many people to see DeepOnion as a technology and not to treat it as a crypto for "trading". But, the only downside as of now, It is currently not being used by many people and has to compete with Verge. If it is pivoted to offer a commercial product (which real companies will pay for), its visibility and the price will rise massively.

Hope you liked the article, please feel free to add in your comments below, Thank you!

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