Apple has not produced any evidence or public statements of any kind regarding iETH that I am aware of. Okavango you are being misleading.
The only thing okavanko has given, is assumption without a single reference or fact or any written info or actionable information of value.
Okavanko. I will say it again, as you do not seem to understand my perspective, and there are other perspectives other than your own.
I am speculating. Which many people do when the formulate an investment hypothesis:
1. I believe it is possibly Apple open source software code behind the iEthereum token (iETH)
2. Apple investor relations does not know anything about this software.
3. The project was launched via air drop and in order to achieve widespread global distribution it was made to look broken with intentional typos on the white paper. Why? because having a decentralized global network is the best and most robust foundation for a global currency. If Apple would have announced the launch and their affiliation they would have never achieves widespread global distribution like they have done. This is huge for the network over the next 20 years. There appears to be millions of tokens sitting in the original air drop addresses that have never moved. I estimate that about 3 million tokens or so seem to be in the trading float as the rest appear to be off exchanges. -- math is simple. small business buys a couple million of the float tokens and this token price is off to the races similar to bitcoin in 2011. when it hits a dollar it will see 5$ token price within a few months thereafter in my opinion. I think 10$ token price is easily attainable longer term. with Apple accepting token on app store,Apple music etc, 2000$ token price is realistic
4. iethereum.com appears to be in development
5. Apple has not denied the above in a specific public written statement because they are affiliated in my opinion. Much like satoshi of bitcoin however Apple does not ever have to admit their associated.
6. What they will do however in my opinion and speculation once again, is to slowly adopt the token and give loyalty points for all Apple streaming services, Apple music, Apple App store purchases. Essentially promoting the global Apple ecosystem with the token.
7. Regardless whoever is the major holders they do not appear to be selling and the market cap is worth at least 5 million in my opinion. Currently sitting at 500k market cap. If it was worthless as you say than why are there no sellers.
8. Best opportunity if all of cryptocurrency if the above speculation is true.
Now Ovanko, just admit you are speculating on the contrary opinion. You should welcome this discussion as it appears very few are asking these basic questions. It appears the number of iETH holders continues to increase as well and remains little selling Will be interesting to see if iETH team produces an update soon. According to their timeline they will.
Finally Okavanko please include evidence or a written source for your confident opinion that it is not Apple. You have not done so. At least I have been clear that the above is my opinion and speculation. Therefore, I have been much more honest than you have been.
My analysis is simple: looks as if this could easily see a dollar per token with even one extremely small business adopting the token for cross boarder payments. 5$ token price easily for a couple companies choosing for super fast and super cheap remittance payments etc.
Apple we are waiting for an official written public statement on the iETH token. Not too much to ask.
developers investors are waiting for an update. no too much to ask.
AI
