Ok now find the flaw in my logic for the next ×7 (at least) small cap coin.
Very simply put.
RaidenRDNmarket cap:70 million $. What it does: independent offchain ethereum scaling solution
HubiiHBTmarket cap:9 million $ What it does: independent offchain ethereum scaling solution (striim) + protocol + exchange + etc etc
Worst case scenario, HBT will do a x7. From current price of 0.0011 eth, that means atarget price of 0.0077 ethper hbt at the very least.
And if as I expect its scaling solution will get more adoption (as said in the thread because of hubii core + telenor) plus all the other hubii initiatives will grow, .0077 eth will be only the beginning.
Striim will be announced today according to their telegram.
Also - and the ethereum network clogging because of shrinps and shrooms is visible - the truth is that there's so little around regarding offchain ethereum scaling solutions, and so much need for them, that hubii is hitting the right niche with the right timing. I've also got full confidence in their technical capabilities judging on the level of conversation going on in their telegram concerning the technical specs and also the overall openness. AlsoHubii COO Mark Briscombe(linkedin.com/in/markbriscombe/) not only has been consultant ofOmisegoback in the crucial ICO stage but has a solid background withTelenor, and Jacobo has made it very clear that the partnership with Telenor (third highest market cap listed company on the Norwegian stock exchange) will also be a strong determinant in the use of Striim. This will possibly jumpstart Striim even ahead of Raiden
- tiny market cap of 9.2 mil - high level conversation on telegram where nobody talks about lambo and moon - briscombe - telenor - striim -price around ico - this week striim launch - not too shilled on Jow Forums (they started pajeeting it a few days ago but a minor thing) - I repeat, telenor. Google that shit out
Gabriel Harris
I can't agree more Hubii is one of the cleanest and transparent projects out there, the devs are crystal clear in their answers in the telegram group. Also what they did when they publicly published the addresses of the team was an act of honesty we rarely see with other coins. There has never been any insider selling with HBT indeed. I'm very bullish on this underrated coin. And not gonna be underrated for much longer at all considering that it's a matter of a few days until the launch of striim. >plus Hubii Core (wallet + exchange) pretty much ready and about to be formally launched in a couple of days
Also you didn't mention one important thing. Raiden network managed to reach such high market cap only with a product backed by some nerds. Striim will be instead already utilized from day 0 by hubii core and telenor.
Zachary Peterson
Surprisingly op wasn't a fag today. Eth scaling and protocols in general are where the money is going.
Here we go. Or, well, no one is going to care until ethereum community big shots start tweeting their opinions about it, so the price won't shoot before then. Some, like Vitalik, will probably wait until at least the white paper is out until showing any opinion, because the specifics of its mechanisms were not divulged.
Probably at least a week or 3 to accumulate safely.
Colton Gonzalez
What if vitalik doesn’t approve.. then the price will Fucking crash
Ryan Cook
You're completely wrong lol. Nobody gives a shit about what VItalik says. Telenor and Hubii Core will create lots of operations for Striim and therefore lots of revenue.
Raiden has been officially disendorsed by Vitalik who removed it from the ethereum roadmap, and still is at 80 million $ market cap
Ethan Anderson
wrong lol
Charles Parker
To be honest, I expected more from the striim blog post. But they're doing real work, not hype, so this is certainly a great investment that's here to stay and could moon hard later on.
It's one thing to announce a scaling solution, and quite another to deliver one that fulfills high standards in terms of crypto values such as decentralization. I suppose this one will be kind of centralized, but could turn out to be just good enough.
Popular scaling solution or not, hubii is one of the few established real businesses in this market and they're trying out lots of things. Something is bound to succeed at some point.
Matthew Williams
>What if vitalik doesn’t approve.. then the price will Fucking crash It will just moon less, or less rapidly at least, because it will have to moon more off the back of usage, technology demonstration, partnerships and concrete plans rather than hype through crypto celeb approval. Vitalik disapproving would be an anti-hype debuff.
They do give a shit about what Vitalik says and you know it. His only criticisms were about RDN's token and ICO, not the technology itself.
If he hadn't shat on RDN's fund raising ethics, it would be much higher than 80m.
I agree it's not the end all be all, but we both know that it will affect the price, and we won't see the true value of HBT until after the platform is widely adopted and fully developed, and price is largely end user demand driven. This will take years, just like it did for netflix or amazon stock. Hype and endorsement affects the speculation that fuels how high the price goes above the value of the project at a specific time.
Cooper Rogers
What I want to point out is that yes, raiden market cap as you said would have been higher than 80m if vitalik didn't shat on them..
but HBT market cap is 9m. NINE. There's so much gain to make here it's almost unreal.
Dylan Davis
>They do give a shit about what Vitalik says and you know it Not really! Ask Jacobo in private.
Joseph Allen
This scaling solution is gonna be adopted internally first, and that's already a revenue generating machine with telenor, let alone the exchange.
Jeremiah Miller
Sorry, I by "they" I meant crypto speculators. I wrote with poor clarity.
You're absolutely right in that Jacobo & Co don't care much about approval from ethereum dev community celebrities and are completely confident in success regardless of it or not.
Mason Watson
Ah ok - yes indeed, the big difference here with Raiden (once again.. 80million$ market cap vs the 9.2 of Hubii..) is that Striim is not only sound from the technological point of view, but most importantly will be largely utilized straight from day 1.
And I totally like the no bullshit approach of Jacobo.
David Ramirez
>This will take years Just one last thing - why you think it's gonna take years? That'd be a rather pessimistic outlook, since in "years" everything could happen in the way we intend the blockchain, let alone ethereum.
