Hi ADA holders !
TECHNOLOGY ADOPTION NEED LOG SCALE
I have decided to look more at logarithmic scale, because it make much more sens in the term of technology adoption that the classical linear scale.
I remind you that technology adoption grow with a sigmoidal curve, and the growth in this curve is exponential. So logarithmic scale make all sens with blockchain technology !
WAVES
I also strongly believe in the Elliot wave theory and that when something happen with global energy in this world, it often happen with a defined number of waves, three in the case of Elliot, but not only. I'm not sure yet is ADA follow the Elliot wave theory. We will probably know more in 1 year. According the the first big ADABTC pump last year, you can noticed we had 3 beautifull and strong haves. It may be a good clue of ADA behaviour.
MARKETCAP ANALYSIS
According to easy math calculation with crypto marketcap and ADA possible dominance in the middle/long term, I assume that ADA could easily reach 3 to 7$ for end of 2018:
* If global crypto marketcap make x10 and ADA dominance stay at 2% (6th or 7th ranking) --> Marketcap crypto = 4500 billions so 1 ADA = 3$
* If global crypto marketcap make x10 and ADA dominance go to 4% (5th or 6th ranking) --> Marketcap crypto = 4500 billions so 1 ADA = 6$
* If global crypto marketcap make x10 and ADA dominance go to 10% (3rd ranking ) --> Marketcap crypto = 4500 billions so 1 ADA = 18$
* If global crypto marketcap make x20 and ADA dominance go to 4% (5th ranking ) --> Marketcap crypto = 9000 billions so 1 ADA = 14$
COMPETITION
At the moment, ADA is sitting around 6 to 7th ranking, with about 1.82% of dominance.
I think 2018 will allow a lot more altcoin to rise, and the time with bitcoin and it's crazy dominance >90% is an old era.
I also think that if ADA can hold it's promise and deliver a nice product this year, the dominance could easily travel to 4% or maybe more. If it appears that ADA is adopted better than NEO, EOS, then ADA will reach the top 4. If ADA can beat ETH, and of course it won't be that easy, then ADA can grab the 3rd rank, and go for crazy dominance with crazy price per token. I think this case could happen in 2/3 years if ETH is still not adopted my the majority.
FUNDAMENTAL
I will not talk for a long here, but ADA fundamental are the strongest around. Just waiting for proof of stake, mobile app and all the crazy stuff !!! One of the best ratted crypto project for 2018 ! Not for the stupid hype surfing lambo lovers, but for true crypto holders who wants to change the economy and the world !!!
LONG TERM MARKET CYCLES BASED ON CHART ANALYSIS
ADA is still a young coin with very few chart historical, but a possible full market cycle may have occured already, and nature is getting ready for a second one!
Doing a basic study of the growth and retracement, and reporting then to the chart, I was amazed that the curve with this prediction perfectly lead to a realistic value for ADA at the end of the year ! AMAZING !
From all these points, I'm pretty confident for the year, because each point is telling me a similar result ! :)
Let's see after all of this crazy year, if I was wrong or right !!!! :)
TECHNOLOGY ADOPTION NEED LOG SCALE
I have decided to look more at logarithmic scale, because it make much more sens in the term of technology adoption that the classical linear scale.
I remind you that technology adoption grow with a sigmoidal curve, and the growth in this curve is exponential. So logarithmic scale make all sens with blockchain technology !
WAVES
I also strongly believe in the Elliot wave theory and that when something happen with global energy in this world, it often happen with a defined number of waves, three in the case of Elliot, but not only. I'm not sure yet is ADA follow the Elliot wave theory. We will probably know more in 1 year. According the the first big ADABTC pump last year, you can noticed we had 3 beautifull and strong haves. It may be a good clue of ADA behaviour.
MARKETCAP ANALYSIS
According to easy math calculation with crypto marketcap and ADA possible dominance in the middle/long term, I assume that ADA could easily reach 3 to 7$ for end of 2018:
* If global crypto marketcap make x10 and ADA dominance stay at 2% (6th or 7th ranking) --> Marketcap crypto = 4500 billions so 1 ADA = 3$
* If global crypto marketcap make x10 and ADA dominance go to 4% (5th or 6th ranking) --> Marketcap crypto = 4500 billions so 1 ADA = 6$
* If global crypto marketcap make x10 and ADA dominance go to 10% (3rd ranking ) --> Marketcap crypto = 4500 billions so 1 ADA = 18$
* If global crypto marketcap make x20 and ADA dominance go to 4% (5th ranking ) --> Marketcap crypto = 9000 billions so 1 ADA = 14$
COMPETITION
At the moment, ADA is sitting around 6 to 7th ranking, with about 1.82% of dominance.
I think 2018 will allow a lot more altcoin to rise, and the time with bitcoin and it's crazy dominance >90% is an old era.
I also think that if ADA can hold it's promise and deliver a nice product this year, the dominance could easily travel to 4% or maybe more. If it appears that ADA is adopted better than NEO, EOS, then ADA will reach the top 4. If ADA can beat ETH, and of course it won't be that easy, then ADA can grab the 3rd rank, and go for crazy dominance with crazy price per token. I think this case could happen in 2/3 years if ETH is still not adopted my the majority.
FUNDAMENTAL
I will not talk for a long here, but ADA fundamental are the strongest around. Just waiting for proof of stake, mobile app and all the crazy stuff !!! One of the best ratted crypto project for 2018 ! Not for the stupid hype surfing lambo lovers, but for true crypto holders who wants to change the economy and the world !!!
LONG TERM MARKET CYCLES BASED ON CHART ANALYSIS
ADA is still a young coin with very few chart historical, but a possible full market cycle may have occured already, and nature is getting ready for a second one!
Doing a basic study of the growth and retracement, and reporting then to the chart, I was amazed that the curve with this prediction perfectly lead to a realistic value for ADA at the end of the year ! AMAZING !
From all these points, I'm pretty confident for the year, because each point is telling me a similar result ! :)
Let's see after all of this crazy year, if I was wrong or right !!!! :)