You are viewing a single comment's thread from:

RE: BIT BEAN... BITCOIN'S BIG LITTLE BROTHER!!

in #bitbean7 years ago

Good post about BITB. The transaction speed really is lightning fast; faster than any other coin I have used. The staking or "sprouting" is nice too and adds a nice, effortless yield to an undervalued crypto investment. The niche for Bitbean here seems to be the instant transaction times combined with its acceptance in the brick and mortar world. There is a parking lot at Denver airport that accepts BITB to park your car. Since the confirmation times are so fast, this is possible. Imagine waiting for a BTC transaction to confirm to park your car? No thanks.

Given the small supply 1.95 Billion coins and a current price (as I type this) of 64 Satoshis or $.001554; it strikes me as the best value in the space. As OP mentioned, XRP has a supply around 100 Billion (premined) and it traded as high as 43 cents in dollar terms. Mind you, there is approx. 50 times the XRP as there is BITB...so where is fair value on BITB? could it be 50 times that of XRP? From a valuation perspective this sure seems possible. This seems to be a diamond in the rough.