Opinions on Ravencoin?

Discussion in 'Digital Currencies' started by TreasureHunter, Oct 24, 2021.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    Ravencoin is a coin and a platform at the same time.

    It's not like Ethereum, but right now what comes to mind are Cardano, Solana.
    The creators claim their biggest competitor is ERC20 (the Ethereum token). That sounds like a major ambition.

    They also claim it's easy to mine on a single laptop.

    At this time it costs a mere 0.12 $. Could this be the next Cardano, Solana, XRP/Ripple?

     
  2. dozerz

    dozerz Well-Known Member Silver Stacker

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    havent you already asked about this 4 years ago when it was launched?

    it doesnt support smart contracts so will probably die.
     
    mmm....shiney! likes this.
  3. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Given DOGE & Shitba Inu are pumping...anything's possible even without a use case.
    Do a Nike'
     
  4. TreasureHunter

    TreasureHunter Well-Known Member

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    DOGE is something. It has a playful identity, I think Asians love it.

    But Shiba Inu is a worse than a joke, it is about nothing. Write numbers on a piece of paper and try to sell them, would anyone buy?

    Shiba Inu wants to be the DOGE it cannot be. It is worse than a dump and dump.
     
  5. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Agreed with DOGE
    The moment the Japanese took it under their wing i brought a bunch,sold out and brought more btc.Its been good to me.
     
  6. TreasureHunter

    TreasureHunter Well-Known Member

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    No-one seems to know much about Raven, but due to the fact that it allows for anyone to create digital assets, it's sort-of-a smaller competitor of ERC90.

    Could reach 3-5-10 $, I don't see why. It could be the next Cardano or Solana.

    I think there is some potential - and I believe this is bigger than with DOGE from this point on.
     
  7. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Could reach 3-5-10 $???

    It is call WT....


    WT = Wat Ta' .........
     
  8. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    Why not?

    At least it's a serious coin. Look at Shiba Inu... you can't take that one seriously, but look at how it's growing.

    Raven has an entire team behind it working, developing...
     
  9. alor

    alor Well-Known Member Silver Stacker

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    that SQUID is fast
     
  10. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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  11. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I dont know what shiba coin is but I doubled my money. Whether it's a store of wealth or the future of cryptos or goes to zero makes no difference to me in the end. I'm just in it for the $$.
     
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  12. Silverbandit007

    Silverbandit007 Well-Known Member Silver Stacker

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    I have the same view as you. Plus I have pulled quite a pleasant amount of profit from Shib.
     
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    This is tulip mania, but it seems to work for some.
     
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  14. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    There were some that made a fortune in tulips and some that lost a fortune. It's all a gamble I guess.
     
  15. alor

    alor Well-Known Member Silver Stacker

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    the are people inside the bubble and there are people who just watch the bubble
    but there are also people who pop the bubble :D all just perspectives
     
  16. dozerz

    dozerz Well-Known Member Silver Stacker

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    there are people that post on internet forums that ask a lot of the same stupid questions and never actually buy anything.
     
  17. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Agree , need to bank with some buck
     
  18. AussieHODLer

    AussieHODLer Member

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    To be honest, I had only heard of this project a couple of times and never looked into it until today. I’ve only had a brief look at it (it takes me hours to do the FA), but I’m interested enough to look into it more. It seems quite ambitious what they are trying to do here. I’ll look into the project some more over the coming week or 2.
     
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  19. TreasureHunter

    TreasureHunter Well-Known Member

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    I think Stellar, Solana, Cardano, Ripple and Raven can all have a promising future, but after looking into Ethereum and these networks, I think some of them have quite a potential to rise very high.
    Raven doesn't support smart contracts, it is not as developed as Ethereum, but the developers claim they actually want to take on ERC90 (as competition), sounds like the mouse wanting to wrestle the T-rex, but they might know something that we don't.

    Raven is being developed and some are saying that technically it could accommodate smart contracts in the future. Not being an IT-technical guy, I don't know, but it sounds like a flexible infrastructure.

    The Raven QT wallet synchronizes surprisingly fast!
     
  20. TreasureHunter

    TreasureHunter Well-Known Member

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    Just another video with strong arguments. I also think that Ravencoin is one with strong potential. Forget Shiba Inu, this is more serious. Currently at 0.12 $.



    What could push it through to 1 $ and even higher:
    - there is no mass-marketing (YET!)
    - CoinBase hasn't listed RavenCoin YET, but it might be just a question of time
    - if Bitcoin and Ethereum crash, then the entire market will crash and what I think is that many will re-invest into the smaller coins that currently
    - there will be 21 billion RVN, that's 1000x the 21 million BTC, so in theory "it could' reach 1/1000th of Bitcoin's price (most probably it won't), so in these terms if Bitcoin reached 60,000 $, then Ravencoin could reach 60 $ (just a rational estimation, but THIS WILL NOT HAPPEN, I still think it can hit 3-5 $ per Ravencoin)
    - the big coins are not going to be mineable soon and, their profitability will be lower, so people are going to mine more Ravencoin (and other coins as well)
    - the RavenCoin programmers did actually say that they are taking on Ethereum as "competition"
     

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