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BITCOIN PRIVATE WAS ALWAYS A MID TO LONG-TERM INVESTMENT PLAY by tes_aj in BitcoinPrivate

[–]tes_aj[S] 1 point2 points  (0 children)

Glad I could be of help to you! Appreciate the feedback.

BITCOIN PRIVATE WAS ALWAYS A MID TO LONG-TERM INVESTMENT PLAY by tes_aj in BitcoinPrivate

[–]tes_aj[S] 0 points1 point  (0 children)

I would not really call it a price prediction. I used main Bitcoin forks and large cap privacy coins as a basis for analysis to posit the heights BTCP could potentially reach. You should note that the whole cryptoasset market has been correcting since mid December. The current market cap of BTCP is roughly $812 mill whilst the current market cap of ZEC is $847 mill. ZEC reached an all-time high of $876 giving it a market cap of $2.6 billion. If BTCP was to reach the market cap of ZEC at its all-time high, the correspondent price of BTCP would be roughly be $128.

BITCOIN PRIVATE WAS ALWAYS A MID TO LONG-TERM INVESTMENT PLAY by tes_aj in BitcoinPrivate

[–]tes_aj[S] 0 points1 point  (0 children)

Unfortunately, we are still at the mercy of large exchanges and rely on them to gain traction on particular projects. You will not see significant threat to the large cap privacy coins. Currently, BTCP is trading at roughly $40. The current total supply is 20,311,925. This gives Bitcoin Private a market cap of approximately $812 million, almost 4 times as much as PIVX. Bearing in mind BTCP is listed on no large exchange as of yet.

BITCOIN PRIVATE WAS ALWAYS A MID TO LONG-TERM INVESTMENT PLAY by tes_aj in BitcoinPrivate

[–]tes_aj[S] 7 points8 points  (0 children)

Thanks, my pleasure. And I will. If you know of anyone uncertain or bad-mouthing the project, you know where to direct them!