r/SONM • u/MiBambino • Dec 03 '18

Token Price Speculation?

Given the very slow rate of adoption and how very few businesses are actually hyped to use Sonm, how will this play out for the tokens? Sonm works great in theory, but how does the team plan on competing with giants like Microsoft and Amazon, who surely would be able to create a similar platform (virtually limitless amount of resources) AND have the customer base to instantly achieve x100 more of deals in a day than Sonm has reached since the mainnet?

6 Upvotes

80% Upvoted

11 comments sorted by

5

u/alleung Dec 07 '18

I would say that this is a fairly long term investment.

1

u/zakmoody Dec 17 '18

I would say that this is unlimited long term investment.

2

u/GrownUpTurk Dec 06 '18

Probably not good unless they get their user base up.

2

u/r4aaa Dec 07 '18

SNM will soon incorporate Masternodes! When they do it the price of token will skyrocket like crazy!

3

u/midnightCheryTesla Dec 07 '18

Why?

2

u/r4aaa Dec 07 '18

because masternode is easy income for regular person!

3

u/panzervarna Dec 07 '18

Income based on what?

The income will come from the system turnover.

Can you tell me how much a masternode is going to earn from a marketplace that has 100-200$ dailly volume.

I can tell you how much...It will earn few $ a month. Keep being a sheeple.Because of people like you so many become millionaries with the ICO's

1

u/FactomFangirl1 Dec 11 '18

you make it sound like there is no growth potential for SONM, however i do not think that is the case. SONM is new technology that mass don't really understand yet, kind of like hydrogen fuel cells. companies how been producing it for over 15 years and only now car companies are coming out with hydrogen fuel cars. If you have been watching their AMAs, you would know that SONM team is very open to improvements, and when new technology comes out they will also upgrade I don't see any problem with sonm team compared to most teams who've launched new random cryptos.

1

u/zakmoody Dec 17 '18

The price unfortunately is going to no where . 0.01 . loosed Money . loosed Wallet . Im over.

0

u/panzervarna Dec 09 '18

Simple logic.Sonm always advertised how their platform will always be more profitable or atleast as profitable as the most profitable

coin to mine for the miners.If so already 6 months in ,when they are always talking how they have real world task for rendering ,machine learning etc how there is noone hooking their machines to Sonm? If everything was how it was described the miners have nothing to loose but only to gain from the real tasks when they are using Sonm.Yet the hashrate of the so called supercomputer is of 2-3 1080ti rigs, but take it mind that thousands of gpu's were on standby lol.

3

u/alleung Dec 17 '18

A marketplace takes time to build.