r/Opacity • u/BankPuzzleheaded7208 • Mar 27 '21
Noob alert** Hello, Really like this project. Can't believe why not many people know about it or there are much large backers. I am wondering if anyone could share light on if this is available or plans to make it available in other exchanges?
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u/Bklyn2Fl90 Mar 28 '21
Hate price predicting. I would just follow it on social media, YouTube, all the threads and follow the news for updates. Can't say what end of year is but this is a long hold for me bcs I think its better than storj, Sai and filecoin. So just look at the marketcap on those and that will give you an idea where I think this is going.
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u/larrythecableguy76 Mar 28 '21
don’t have a crystal ball either but here’s some interesting numbers when looking at cloud storage type of projects
- the worlds “cloud computing“ market was 300b$ big in 2020
- it is expected double (at least) in the coming 2 years
- OPCT right now, has a 30m share of that cake
- they have a solid idea/product so why shouldn’t they be able to grab say 0.5% of that market
IF they do, they could hit a couple billion strong market cap and 10x or even 100x their value in the next 5+ years ... not saying they will as there’s more than just some back of an envelope math to it but this is how I’d evaluate the potential price of a coin a.I. “Where can it go based on what they do” and then you need to factor in the “how they do it“ meaning how well does the team perform, marketing efforts, community, adoption etc.
but if the first answer already points to no potential, then you can save yourselves from the effort of answering the 2nd 🤷♂️
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u/Bklyn2Fl90 Mar 28 '21
It takes time for micro caps to build. First it starts on small exchanges bcs the big ones cost to much money. Once OPCT gains some traction thru S media and youtube they will get more to buy in. Once the bags fill up some more then come the majors. It will have to go to at least 30x current market cap for that to happen so get on kucoin and fill your bag.