Friends of cryptos, friends of poker this article is for you!
As you probably know, COINPOKER has launched its poker site (beta version) using the CHP. I put you moreover the link for an article on COINPOKER https://steemit.com/busy/@nabesteban/how-to-win-ethereums-playing-and-having-fun
The CHP is an encryption used as a currency on the site. Initially offered at a price of $0.05 per HPC in pre-ico, the HPC should offer between $0.075 and $0.17 in ICO (phase 1 to phase 3) from January 26,2018. In this article we will analyze the future price of CHP after ICO.
Let us start by observing the valuation of cryptos at the introduction on the markets for a recent period.
https://coinmarketcap.com/new/
A simple observation of the latest stocks introduced on the market allows us to note that while not all stocks are necessarily increasing, overall the vast majority of these stocks seem to benefit from the wave caused by the recent cryptos boom, with BTC in the lead...
Added to this, COINPOKER meets a real need and can provide solutions to an industry that generates billions of dollars a year which, compared to cryptos as obscure as it is not used for cryptos other than that of crypto in itself, seems to promise a good behaviour of CHP valorization in the short term after introduction, failing to ensure the complete durability of its future value?
For if the long-term medium-term future of the CHP depends on COINPOKER s future ability to solve technical problems such as guaranteeing the equity of the rng on the blockchain or legal problems such as international authorisations and regulations concerning online poker, nothing seems to stand in the way of the CHP s successful launch on the market and the positive evolution of its short-term valuation!
What makes one of the peculiarity of the CHP is its double use, that of a crypto but also of currency on the site of poker COINPOKER. This particularity can help us to define the outline of the future demand and thus the future price of the CHP. Indeed, we know the number of CHPs created in the long term, 500 million CHPs will finally be available. One only has to look at the online poker market to be able to project the COINPOKER model in this market and imagine its turnover or return, for example... COINPOKER also organizes a series of tournaments unprecedented in the history of online poker with almost 5Me added, we can also estimate the number of players by referring to similar organized events and thus deduce a need for chips....
In the same way it is possible by comparison to other comparable online tournaments already passed imagine the price of the cost of the entry and thus of the CHP.
Of course, all this remains speculation and attempts at forecasting by rationalisation and modelling and is not a certainty! It's like poker, it's an incomplete set of information! It is a set of deductions a certain way:
Regarding the quantity available before tournaments, 75M of CHP will be distributed in added winnings and will therefore not be available for sale... Similarly, one can easily imagine that a part of the CHP will be "hold" by investor cryptos and therefore not available also (50M??). Not to mention 25M of CHP that the founding team kept in payment, there is a lot to bet that these people (mostly already millionaires!) hold their CHP until their explosion and are not satisfied with a profit of a few millions... All this would bring us to an availability of 350M of CHP and not 500M.
The series of tournaments should attract from 15000 to 50,000 players online when it should be able to tell you that there will not necessarily be 20K CHP available for all players! In other words, at the time of the tournament series, the demand will flambé and the supply will be limited all this in the cryptos market in full "fantastic boom", which promises a nice valorization for the CHP at the end of February before the tournament series! Personally I have the image in the head of a runner running on a treadmill that would go in the direction of his run...
I could have put a few calculations to work out for you, whether you are a dream salesman or a risky or simply subjective person (I am fond of them, by the way), but I wanted to bring you here some tools and methods that will allow you to make your own evaluations and forecasts. But as you will have understood, the COINPOKER ICO seems to be a very good investment at least in the short term from the ICO to the 1st round of tournaments scheduled for the end of February!
Thank you for having read me, I invite you to give me your opinions or your questions in comments and smash up the likes if u enjoyed reading this!
TheFish!