Still waiting on any opinions regarding my previous posts. not sure why nobody has any opinions or valid information.
Bottom line iETH (iEthereum token)transactions are super cheap often as little as 4 cents and often confirmed in 10 seconds. As soon as merchants realize this and chose to use it as a primary transaction medium this token will easily go to 20$ per token. Once those holding tokens on the Yobit exchange remove them the price will actually reflect a true present value. Yobit is arbitraging with 6 currency pairs and has been suppressing the price for over a year it appears.
My understanding is iETH token will be around forever as it is forever linked to the ethereum blockchain. Therefore, it will only go up over time and is only limited by the number of people who choose to hold, accumulate or transact with the token. Therefore, it should likely follow a similar curve to bitcoin.
I sincerely feel this could be a repeat scenario similar to buying bitcoin at 4 cents in 2010. There is no reason that iETH cant go to 1000$ per token or more. If Apple adopts the token or announces that they are developing the open source code behind the token I would expect it to be a top 5 market cap token within 1-2 years of Apple's announcement.
100 people in the world decide this is the token they want to utilize for transactions because it is faster better and cheaper to send than Bitcoin and a few of those people use it for business transactions, the math would say it is easily a 200$ token for this use case alone.
The only thing that limits the price of any investment is utility and investor confidence. This token is only lacking the latter for the time. When that changes it could easily lead the next altcoin wave.
