Opinions on Ravencoin?

TreasureHunter

TreasureHunter

Well-Known Member
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?

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

it doesnt support smart contracts so will probably die.
 
Given DOGE & Shitba Inu are pumping...anything's possible even without a use case.
Do a Nike'
 
REDBACK said:
Given DOGE & Shitba Inu are pumping...anything's possible even without a use case.
Do a Nike'
Click to expand...

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.
 
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.
 
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.
 
TreasureHunter said:
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.
Click to expand...

Could reach 3-5-10 $???

It is call WT....


WT = Wat Ta' .........
 
^
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...
 
There were some that made a fortune in tulips and some that lost a fortune. It's all a gamble I guess.
 
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
 
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.
 
AussieHODLer said:
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.
Click to expand...

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!
 
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"
 
This indeed sounds promising, this coin does have potential. I think it could at least hit 5 $ per coin. From 0.12 $ currently, that would be 41x
https://raven.wiki/w/Ravencoin_Wiki


There will be a maximum of 21 billion Ravencoins and that is 1000x less than Bitcoins. So with a similar market cap, it should reach 60-65 $ (but because it does not have Bitcoin's spread, notoriety etc., it
60-65 $ would be a dream, not likely)
I think it could at least hit 5 $ per coin. From 0.12 $ currently, that would be 41x. And that means, it could follow Cardano's increase (roughly).

Solana: 500 million (price: 220 $/coin) / some say the maximum limit was removed, so this limit is uncertain
Ravencoin: 21 billion (price: 0.12 $/coin)
Cardano: 45 billion (price: 1.84 $/coin)
Stellar: 50 billion (price: 0.35 $/coin)
Ripple: 100 billion (price: 1.12 $/coin)


What else is needed for Ravencoin to reach high?
1) if major exchanges, such as Coinbase allow trading it: some people on the web are complaining that it is very difficult to obtain Raven, so they have to mine it
2) if more wallets, such as Ledger allow its storage (according to my research, Ledger doesn't have full support for Raven)
3) more marketing is required
4) if notorious investors, such as Raoul Pal and Michael Saylor start speaking about it
5) if indeed it starts allowing "smart contracts" (currently you can create NFT's very easily from the original wallet, so Raven might go with the NFT wave)
6) if all Raven will have been mined already, then it will be impossible to obtain it, unless you buy >>> this could fuel the price
7) if at least 1 major institution of company adopts it for something and this goes viral


To me this seems one of the most promising coins with a nice fat potential. But they must market it better.


 
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