Replies to post #227 on iEthereum (IETHUSD)

[jjPP]

Okavango,


I am not seeking anything other than trying to understand the crypto marketplace and various value propositions and comparisons between tokens etc. Believe it or not I have spent many, many hours reading about these things. Currency is currency when a community decides to transact with it. The supply is limited and therefore it will have no competition with the dollar on a global scale but will appreciate much much much more quickly than the dollar will ever appreciate. In fact, the dollar depreciates by 3% per year on avg. I believe iETH goes up by at least 100% per year moving forward compounded x at least 4 years.

Once again I am asking 2 basic questions.

1. if it is not Apple why has Apple not made a public statement.

[b] 2. if ERC20 tokens are around "forever" by definition. then iETH, iethereum token is only going up over time due to scarcity and use function. Supply will only decrease and use cases will only go up over time.


Once again, all things being equal my logic says iETH will be worth at least 1$ per token relatively soon.

if it is around "forever" by definition as it is software code on the ethereum blockchain. it is immutable, which means can't be censored or changed. That Apple and ethereum logo branding is worth at least 75 million longer term. that branding alone puts the long term value of the token well over 4$ per token.


once again this is my opinion. Please tell why this is flawed.
If I was a bank I would potentially incorporate the iETH token into cross boarder payments for my top customers. That alone pushes iETH price to the moon. Only one small use case. Look at signature bank as they did the same thing with ERC20 token of their choice.

simply the upside potential value is limited only by creativity and is therefore impossible to know. I obviously am more optimistic about this very real possibility than you are. If my math is correct a wealthy investor or group of investors buying around 100k worth of the token could easily see 100x return on that investment. Unless the math I have done is flawed. regardless about 14 million tokens are held in over 2000 addresses and they are not being sold. My question is simple. Why are those people holding and not selling. That alone is a very intriguing question. Even more intriguing is what will happen when the price goes to 50 cents a token which I believe could happen literally any day.

once again this is very possible and just an opinion.

[jjPP]

Simple Okavango,


iEthereum still has not received comment from Apple corp. Possibly because Apple corp is the satoshi behind the smart contract code?


Regardless, smart contracts can be layered. Therefore, one new contract can easily incorporate iETH as an ERC20 transaction on the layered contract. That alone would send the demand through the roof. Even a few online games accepting the token would send it through the roof.

In my humble opinion iETH (iethereum token) has the best branding value in the entire crypto world.

Sincerely feel the token current value is easily worth 3$ per token all things considered.

Not to mention it is a function of ETH and BTC so if those currencies run up iETH should follow in step.

I will not be surprised if iETH hits 5$ to 7$ per token in the next year or less in my opinion. Certainly very possible.

iETH will be on the ethereum blockchain for 20+ years. therefore coinbase could easily buy and hold
3 million tokens. A community or local economy or merchants could easily start accepting it as payment as it sends and confirms in about 20 seconds.

I would like to know when developers will update the websites: iethereum.com and iethereum.trade.
this would certainly help. Maybe Apple corp could finally make an official statement as well.