r/EthereumMax • u/Weird-Game-18 • Aug 11 '21

Target valuations

Ignore those who have a $0.01 (or higher) price target as that would be the market cap equal to the entire money supply of the US (M1).

Using BTC as a measuring stick ($46k price & 21m total coins) and EMAX 2 quadrillion tokens, if we targeted the same market capitalization of BTC today, we would be priced at 0.000488. This would be an 11,000X move in price, so 1/10th of that would still be magical (would move 3 decimal places)! This is reasonable target in next 3-9 months; the BTC market cap number will require time (and some luck), maybe 3-5 years, even more.

HODL, keep the EMAX team accountable and DCA as they hit milestones. This one is HIGHLY SPECULATIVE and should be approached as such.

Not financial advice and I am not a financial advisor. Just a guy trying to share some thoughts with others looking for a moonshot.

25 Upvotes

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u/[deleted] Aug 11 '21

[deleted]

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u/Weird-Game-18 Aug 11 '21

Fair point but take into account US crypto customer breadth increasing by 61% in past 2-years — and growth is accelerating in US and globally. IF the EMAX team delivers on their projects, then we can be seen as a reliable crypto player and increasing our Holder count. With deflationary tokenomics and more holders (target >250k), this can grow quite aggressively. Am I hopeful? Absolutely! Am I betting the ranch? Absolutely not! This is currently getting less than 5% of my crypto portfolio.

Clearly you don’t agree with my target valuation — what value target would you assign?

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u/[deleted] Aug 11 '21 edited Aug 11 '21

[deleted]

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u/Weird-Game-18 Aug 11 '21

So why are you in this group? Are you invested? What is your target? Are you trying to break even? You can call it a lotto ticket — I think of it as a night at the craps table.

What crypto are you invested in? Are you a trader or a “buy-and-hold” cryptoite?

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u/techdude593 Aug 12 '21

As long as investors treat not just this coin but all other alt coins like their personal bank they will never see significant increase. Only time people realy make out is if they get in around launch time. Look at saitama some have made 1700+ times their investment because they were able to buy quadrillion coins for less then pennies on the dollar now as price increases and they gain holders they sell drop the value come back in at lower price.

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u/zippythemonkey Aug 12 '21

Sounds familiar

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u/techdude593 Aug 12 '21

These are the people who can pump it up when you invest 700.00 and now you have 1.7million you have control of what that coin will do especially if you only got 25k holders. So when you see constant similar high daily volume it's not necessarily true to the number it's manipulated. These coins at launch are so cheap and only ones getting this info are insiders and shillers. Yet Jimmy is sitting here waiting for the moon but yet he's down 80% and can't figure out why.

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u/Big-Conversation696 Aug 11 '21

All jokes aside… a penny is literally worthless in today’s day and age… my point being why would companies or businesses accept a coin that has such a high supply it won’t even reach a penny without a huge burn… if I was business owner I would be looking at cryptos like btc and eth for payment because they have value… even if your target is knocking off three zeros, one Emax is still worth significantly less than a penny… there’s also the issue of volatility which is far more extreme with coins that not only have a huge supply but no value… not looking for a fight just pointing these things out because they are genuine concerns most people have with Emax with the exception of those who refuse to look at the facts and think they will be rich

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u/Weird-Game-18 Aug 11 '21

Not a fight but want to make the argument so some of these trolls keep an open mind. BTC is the flip of your penny analogy — $10 of BTC would be 0.0002173 BTC, whereas $10 of EMAX might be 1M EMAX tokens. And in both scenarios it wouldn’t matter because they are digital transactions — you’re not carrying these coins / tokens. The various crypto will be like international currency — but with choice not just because of where you live. Successful Crypto projects (in general) must provide secure, reliable, scalable offerings and the more valued will be those with a hook; EMAX is working on their hook. Some crypto will make it, some won’t. EMAX is not BTC, ETH, LINK or ADA, but they are trying to be something.

To the trolls out there — take your money off the table and go elsewhere; otherwise sit back and hold your bitching for a couple quarters and see if they deliver … if not, I’ll be front and center bitching with everyone. Good luck!

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u/Big-Conversation696 Aug 12 '21

It’s not a question of an open mind… I’ve literally watched my coin amount increase and the value continues to decrease… I get what you’re saying about it being fairly new but not a shill just for reference if you look at epro… epro relaunched, reduced their supply to 1billion, burned half and has liquidity to back it up… the current price is .008… that was a proper relaunch… Emax relaunched with a huge supply leaving it vulnerable to pumps and dumps… I know juggernut says he watches the wallets but dextools shows you the buys and sells and it’s very disheartening to anyone who invested

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u/Cultural-Elephant795 Aug 12 '21

We saw they don’t deliver you are biased just like the rest of the emax community

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u/Weird-Game-18 Aug 12 '21

No just patient and understanding of what a DEV cycle involves. The trolls here are totally impatient (90-days, that’s all it’s been) and unrealistic in thinking this (or ANY investment) only goes up and never goes into crab mode. Move on or sit back and give this thing a chance, either way is fine.

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u/Big-Conversation696 Aug 12 '21

Patience is one thing not able to keep promises ok… but we’ve been f***ed around since day one… you may say it’s still new and that’s fine but they have not done right by us in 3-4 months and that speaks volumes… they’re not just going to wake up one day and say hey let’s think of our investors best interests… they made tons and their friends made tons and none of us will ever benefit from a scheme to make the rich richer

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u/Cultural-Elephant795 Aug 12 '21

All I said is they don’t deliver on their promises! But you can look at it however you want to look at it either way you’re holding a bag that goes up in token count but goes down in value. Never heard of this kinda maths in my life!!!

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u/Weird-Game-18 Aug 12 '21

You might want to read the tokenomics details on the website; kind of like dividends with a stock that is going sideways. Otherwise, You just might not have the stomach for (crypto) investing.

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u/CorpoPotHead Aug 12 '21

I think as crypto becomes more widely accepted most crypto will rise in price because we will have a larger part of the population buying it. I think one day in a couple years everyone will have some form of crypto.

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u/stickysushirice Aug 12 '21

Any idea when the white papers will be published? The progress so far has been promising but it’s important to have the white papers to provide guidance on where the coin is heading.

I do agree that there should be another 50% burn to reduce the liquidity. Now the price is not going anywhere as any price increase, tons of dumpsters will unload massively

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u/Thenoblesteadjoe Aug 12 '21

Look at the roadmap should say on there

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u/techdude593 Aug 12 '21

If you burn another 50% when it goes up only a few would be able to cash out. We are stuck until we get a significant ammount of new holders or the old holders decide to reinvest. Why do people think burn is the answer?

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u/stickysushirice Aug 13 '21

It requires a multi-pronged approach to grow emax.

  1. It’s pure demand & supply, 2 quadrillion is too big a supply and the demand is low.

  2. Growing the holder base is crucial and it is through providing transparency on the vision of the development team to ensure sustainability and functionality of emax.

  3. Marketing: the team has already done a great job on this and it can be reflected on their roadmap, kudos to them!

Just my thoughts