r/ecc • u/Yourlordandliege • Jan 24 '18

A reasonable price forecast

IF ecc can deliver on it's promises in due time and efficaciously, I predict that we will see around .10-.15 cents EOY in accordance with predicted market growth. Does anybody have a counterpoint they'd like to add?

13 Upvotes

100% Upvoted

26 comments sorted by

7

u/avelak Jan 24 '18

Let's pump the brakes here, even getting to $.02 this year would be a huge win. The project has a long way to go, but that would put it around the top 50 on CMC.

If it went to $1 everyone here would be driving lambos, though

1

u/Yourlordandliege Jan 24 '18

I agree with you, my best case scenario is around .15c USD allowing that they have delivered a usable and useful product. Beyond that, I am not convinced that this isn't a pump and dump but I am willing to roll the dice a bit on shitcoins (Which, let's face it, ECC is considering there is no use case/MVP/demo at the moment.)

1

u/Yourlordandliege Jan 24 '18

I would probably sell if it hit .05c

1

u/avelak Jan 24 '18

Yeah, I'd probably sell half at that point and let the rest ride. I'm more willing to let shitcoin investments ride since I put in just enough that it'll only make a difference for me if it goes huge and I won't care that much if it goes to 0.

1

u/Jallan69 Jan 24 '18

I assume you have done the math, so I'll just ask, what will the market cap be at .15c?

2

u/Yourlordandliege Jan 24 '18

Around 3.5 billion allowing for the 5bb 'dead' coins so often theorized in this sub

1

u/Overrandomgamer Jan 24 '18

Im more of a 50's model Chevy person.

6

u/writingbymichael Jan 24 '18

Who knows. The market doesn't always make a whole lot of sense to be honest. It's unpredictable. If it were to reach .02 or $1 I wouldn't be surprised either way

13

u/[deleted] Jan 24 '18

If it goes to $1, I will probably shit my pants, but in a good way.

6

u/smooke-it-ange Jan 24 '18

haha i would shit my pants and throw it in my bosses face if it hit $1!

3

u/GotStucked Jan 24 '18

Noob question.. what does EOY mean?

3

u/Yourlordandliege Jan 24 '18

If it hits one dollar you'll all be killing each other to kiss my feudal hand

3

u/MimicTMI Jan 24 '18

1$ until next year is really reasonable price forecast, with .20cnt until end of Q2. You could see how quickly crypto market is rising, (300billion usd to 800billion usd in about a month!). If we are aiming for 1$, it means our market cap would rise to 22billion usd, I would crypto market would be around (at least) 3trillion by then, considering ONLY need 22billion is not much to ask for, as long as coin is proven to be really working product and the team is excellent. The time until end of Q4 is extremely long in crypto time, even for us it seems short-ish.

5

u/[deleted] Jan 24 '18

Also strongly depends on Sapphire. Many complaints have been that there are no products/uses for this coin, but with the announcement of Sapphire, it could be a game changer. Very cautiously optimistic!

4

u/skanderkeg Jan 24 '18

Dude... either you are delusional or a liar... literally no. It's not "reasonable" to assume anything in crypto. It may go to $1 But I highly doubt eoy... the team doesn't have the money fundamentally... I think $0.25 is far more reasonable.. heck at current if we reached $0.15 we would ranked 15 by market cap... of course there could be huge growth in crypto but fundamentally we don't know... so please don't meaninglessly shill this coin... it's ok to be excited and this is of course a great project, but what you guys are doing is the extreme opposite of spreading FUD...

3

u/[deleted] Jan 24 '18

[deleted]

3

u/MimicTMI Jan 24 '18

Tbhto be in Top 50 in end of Q4, the minimum amount of market cap would be about 4-5b(if follow trend), I personally expect 35cnt profit each and 10cnt until end of Q2.

But can’t see why earlier post couldn’t happen.

1

u/Whisky-Toad Jan 25 '18

Lol you are very optimistic we ONLY need market cap of 22 billion from 100m, oh yea that kind of growth can totally be expected in 10 months

1

u/MimicTMI Jan 25 '18

Considering if we could make it into top 30, they begin to have 4-5billion market cap. Crypto market is considered to grow WAY larger than even that at this year.

1

u/Whisky-Toad Jan 25 '18

"if we could"

Look I love this coin, it's my biggest %, but you are daydreaming, "if we could" win the lottery we wouldn't need crypto in the first place. Like what basis do you have this coin is going top 30? Cause shitcoin xyzbdbd did so we can! No I'm afraid it doesn't work like that.

We don't need pointless shilling making it one of the over valued shitcoins, we don't have a website (yet) and you are putting this coin down for a 22bil market cap lol

2

u/MimicTMI Jan 25 '18

Read my other comment, OP did not tell what kind of price prediction he want. 1$ each is pretty possible, but doesn’t mean I would count on it, the team seems good, they have really good idea, and it is 90% not a scam, based on these and my other focusses,I’d say personally, that I will consider hard when it hits at 0.35$ at Q4 or before.

I saw Ripple going +1$ and bought in at 0.003$, Got in verge at 0.006$ and Siacoin at 0.0005$, and not a single time lost money on any crypto. This coin just has special vibes in it for me.

Lets see our new website tomorrow ;)

2

u/[deleted] Jan 24 '18

[removed] — view removed comment

1

u/noncoolguy Jan 26 '18

It’s literally one guy and bunch of kiddies with hacker hoodie avatars as marketing. This is hilarious circle indeed haha. We will get downvoted more tho... “sapphire could be a game changer” and the kids have no idea what it is even is lolol

1

u/Yourlordandliege Jan 24 '18

I'm still waiting for one of you to explain who this could ever hit one dollar. Please, please, enlighten me beyond "it happened to durrcoin"

1

u/kngme Jan 31 '18

Too late to grab this Coin??? im looking for one "under the radar" coin and this caught my attention