I don’t think so . 45.000.000.000 ADA coins its too much!
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I would be thrilled with $200-$500 a coin or better yet the price Ether is trading at now someday.
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@Daniel what @Abu2017 says is that is not important the supply of ADA or BTC, what’s important is the supply of the smallest unit that a currency have:
BTC smallest unit = 1 BTC / 100,000,000
ADA smallest unit = 1 ADA / 100,000
this gives different maximum supplies than the one commonly thought:
BTC max supply = 21,000,000 * 100,000,000 = 2,100,000,000,000,000
ADA max supply = 45,000,000,000 * 100,000 = 4,500,000,000,000,000
so ADA has a maximum supply of just above double what bitcoin has.
current BTC market cap = $230,000,000,000
Satoshi value is = $230,000,000,000 / 2,100,000,000,000,000 = $0.000109
current ADA market cap = $10,000,000,000
Lovelace value is = $10,000,000,000 / 4,500,000,000,000,000 = $0.000002
what if ADA were to get bitcoin shares of the market? shall we add Ethereum shares too? yes why not…
hypotetic ADA market cap = $230,000,000,000 + $64,000,000,000
= $294,000,000,000
Lovelace value is = $294,000,000,000/4,500,000,000,000,000 = $0.000065
which means: 1 ADA = $65
as @mkultra says it doesn’t really matter, it all depends on how people give value to things. but at the same time what @Abu2017 posed is a very interesting topic.
if we say that all the value in the world is represented only from ADAs I think that what counts is the number of smallest fraction you can have that count, not the arbitrarily chosen value of smallest bits that someone chose the arbitrarily whole bit must have.
If it is a database what counts is the number of rows I can enter that will give me the amount of information that is possible to store, not the whatever underlying hierarchy.
or put it in another way if I have a CD-rom with 600MB doesn matter if I call my CD-rom “0.6_GigaByte” or “6-centurion-MB” it will still hold only a low quality moovie and one bit will always only represent a 1 pixel so to speak.
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Yes its on chain governance unlike any others
I like your approach, looking at the smallest unit has merit, to get there Cardano would need to keep lowering its fee structure currently set at:
ADA minimal fee = 0.155381 ADA + 0.000043946 (ADA/Byte) x size-of-transaction
If/when a simple transfer costs a Lovelace, more or less, then your Cardano Ocean view will be realized.
ADA DENOMINATIONS
1 ADA = 1,000,000 Lovelaces
1 Lovelace = 1/1,000,000 ADA (the smallest unit)
ADA has six decimal places.
1.000000 = 1 ADA
0.000001 = 1 Lovelace
Cheers,
Jonathan
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Interesting theory. If they burn some ada this would seem more plausible, once the momentum really picks up?
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I think it will hit $2.8
My valuation is based on current supply of Ethereum and it’s price.
Ethereum has ~100,000,000 current supply for a price of ~$700.
Cardano’s current 25 billion supply.
If we assume Cardano to valued similarly as Ethereum, then
100 million/25 billion x $700 = $2.8
Let me know what you guys think about this?
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If Ada gets on cold wallet storage, hits coinbase then I suspect it will be about $100 within 3 years. From there if the project is successful and I don’t doubt it won’t then in 10 years I think $1000-$2000 a coin. Remember other players will be ever present.
I hope Ada makes all mine and yours dreams come true. 
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Another thing to consider is that staking will begin in Q2 this year. Cardano will have a rate of return, which will be given as 
. Assuming that the amount of reward per block remains largely constant in term from block to block, then the higher the price goes, the better the reward in fiat term and the stronger the incentive to hold a stake will be.
It might form a positive feedback loop to push the price ever higher, like how the difficulty gets pushed up when Bitcoin price goes up, drawing more miners in.
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I just wanna point this out.
From a traders perspective we all know that history repeat itself.
is my long term hodl btw .
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I’m not saying it will go to $10000. But $8 is certain in time 
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According to this chart we could be at $8 within 48 hours or so
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Great thread! I personally look forward to some volatility but only for buying opportunities. 
Scaling in for the long haul!
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Today Cardano is around $1.00
For a cryptocurrency to increase by a factor of 10,000, doesn’t that generally mean the marketCap must increase by 10,000 too?
Today Cardano’s marketcap is 28billion. So 28billion * 10,000? That can’t be right.
I’ve been meaning to explore this perspective elsewhere, about price correlating with marketCap, but if you look at the price of any coin on coinmartketcap for today and compare it to when the price used to be half, you’ll always see the marketCap was half!
I think a couple hundred billion more could get dumped into the overall crypto market in 2018, barring any stern regulation that comes out which scares people from pumping hundreds of billions. Maybe ADA marketCap could get to 150 billion by end of 2018, so thats an increase of 7.5, so i’m saying the price will reach $7.5. Boo yeah!
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@devcap, I think the problem is about using Market Cap as a valid information with which price correlates to. If anything is the opposite, Market Cap is correlated to Price.
The way market Cap is calculated on coinmarketcap is just a presumption, it is not much of a valid information on where price could go.
It is calculated simply as a mirror of price, it is calculated for price * supply, since supply barely ever changes of course you see it double when price doubles.
The point though is that I doubt it is a good indicator of how much money is currently injected in the market.
To put it more clearly, one day that Market Cap could go way above all the wealth present in the world, simply because it is not a measure that correlates to reality, it is just an estimate, a presumption based on current price.
I give you an example:
- Imagine a guy selling oranges: the OrangeBusiness.
- He has 1000 oranges at the back and he sells a few on the street.
- A walker passes by and buys 3 oranges for $3.
- Do you think that now the OrangeBusiness is valued $997? Yes in a sense yes…
- But what if later on a very thirsty guy passing by sees the remaining 1 orange on the stall and buys it for 10$? is now the OrangeBusiness valued $9’960?
I am happy to be corrected in my way of thinking
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Hello.
I think so too
Yes I’ve heard its not the most valid piece of information. There are many
factors affecting it, many ways to derive it. I follow your example.
Thanks
The whole point of the high circulation is due to the high numbers of yen people in Japan use. That results in a lower coin value that requires more coins - analogous to more yen. I don’t see any coin with a supply in the tens of billions reaching $ 10000.
Maybe, in a few years, it reaches 20 dollars. It’s not designed to reach 10000
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If bitcoin reaches $1,000,000, then it’ll be a $21 trillion market cap (if all 21 million bitcoin tokens get issued).
If ADA were to reach the same market cap, one ADA will be worth $466.66. If cryptocurrency explodes into a few hundred trillion, then we may see ADA close to $1000 since there will be other players.
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