When Lambo? Price speculations on DIMCOIN and DIM TOKEN

in #cryptocurrency7 years ago (edited)

Disclaimer: This article is for educational purposes only and does not provide financial or investment advice. The reader is aware that there are special risks involved in dealing with blockchain and cryptocurrency assets.

With the preICO of DIMCOIN coming to an end investors might ask themselves what their DIMCOIN and DIM TOKEN are worth at the moment.

The easy answer is: Nothing. But there is a big “BUT” to that.

Let’s take a small detour defining what money is: Currencies are means of exchange. Nowadays most of those currencies do not hold an intrinsic value (you cannot melt quarters and sell the metal value of it). The value is defined by exchange and thereby by the market. You cannot exchange DIMCOIN or DIM TOKEN so far - thus they have no value. (Technically speaking you could: p2p - buts let’s ignore that fact for the sake of my argument).

So what could future values of the two be? I have calculated some very speculative numbers making coarse assumptions. The basis for my speculations is explained further down. Please be aware that the following guesstimates are oversimplified.

DIMCOIN and DIM TOKEN prices:

    DIMCOIN_UPLOAD2
  • I linked the prices of DIMCOIN and TOKEN in these calculations (that might not be the case though).
  • The $0.01 Price is derived from the ICO price for DIMCOIN.
DIMCOIN_UPLOAD
*Defined Goal on the DIMCOIN roadmap: "Have 1% share of the global trading done on DIM Ecosystem, list ecosystem on global stock markets and implement DIM ATMs. Expand operations to South America."

The numbers above are based on the following assumptions:

  • “Global trading” was translated into
    • Value of share trading: Electronic order book 2016 + Global FX Trading 2016 (252 Trading Days) [does not include derivatives, bonds, ETFs, etc.].
    • The “global trading” i took into account includes institutional investors.
  • The percentages in the DIM TOKEN calculations are always under the assumptions all transactions are p2p and all transactions are percentage wise split 50/50 between FX and securities.

Sources: 

https://www.world-exchanges.org/home/index.php/statistics/annual-statistics

http://www.bis.org/statistics/d11_2.pdf

Thank you for reading - if you liked what you read, feel free to share, upvote and comment. Also feel free to suggest any improvements and corrections to the article in the comments below! For more updates from the crypto-world hit "Follow".


Tipjar adresses:

  • XEM: NBYJMN-SR63NW-7GX5HF-AXUY5D-5LAWW7-JPA72U-I4TF
  • ETH: 0x762bd7dcd23aec62d1a5bd3e3b2b57bb1b64026d
  • BTC: 1G5dofscRmXdNqfwAd1JxHQzQZzNjqQvSA


I wrote an article explaining DIMCOIN here: https://steemit.com/cryptocurrency/@ineff/exciting-ico-is-about-to-revolutionize-global-equity-trading

Sort:  

I'm really excited for this project

It includes all transactions with dimcoin, not just dim currencies. Nice writeup. I hope the team would try to perform really hard.

Clif High said it "was a keeper" in one of his crypto reports. I have faith it's gonna be UUUUUGEEE!

Nice article. Big up!

Congratulations @ineff! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

<p dir="auto"><a href="http://steemitboard.com/@ineff" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><img src="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png" srcset="https://images.hive.blog/768x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png 1x, https://images.hive.blog/1536x0/https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png 2x" /> Award for the number of upvotes <p dir="auto">Click on any badge to view your own Board of Honor on SteemitBoard.<br /> For more information about SteemitBoard, click <a href="https://steemit.com/@steemitboard" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">here <p dir="auto">If you no longer want to receive notifications, reply to this comment with the word <code>STOP <blockquote> <p dir="auto">By upvoting this notification, you can help all Steemit users. Learn how <a href="https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">here!

🙌🏾👍🏾💰💰💰💯😎

Spamming comments is frowned upon by the community.

Continued comment spamming may result in action from the cheetah bot.

I just want to know how to cash out of DIM Tokens. Anybody if there is a way or am I just stuck with them?