Straight outta China. Antshares is a crypto currency/digital assets blockchain that might just be the upcoming Blockchain coder's ultimate dream.
For now, the majority of information about the coin is only available in Chinese, and the product itself is still in its early development stages. These 2 factors alone make for an extremely low current coin value & market cap. I believe the true value of this coin lies higher. 10,000% higher.
Here's why I believe Antshares is currently the most undervalued coin out there:
- A serious platform built by serious people. Check out their Whitepaper.
- Antshares integrates E-Contracts, a way to register intellectual property, actual contracts, and other forms of ownership. Since China's laws on patents and intellectual property have been... loose (to say the least) this system may give Chinese businesses the opportunity to better register ownership of intellectual material.
- (Rumors of) plans to internationalize and have a better integration with the West. We'll know more on June 22nd.
- A nice looking, consumer-friendly cross-platform wallet app.
- Smart Contracts 2.0: A way to write smart contracts in any of the the popular programming languages (C#, Javascript, and more). Still in development.
Another major point is that China is a land of investment & opportunity. Businesses and individuals not only strive to maximize Crypto Currencies' potential alone, but also the actual products being developed on the Blockchain (in this case, built on Antshares). Applications built on Antshares by reputable Chinese businesses can potentially receive major investments. Think Ethereum ICOs, but with businesses truly having experience with increasing value in terms of actual development rather than just a focus on marketing and speculation.
Vitalik (Ethereum, left) and Da Hongfei (OnChain/Antshares, right) in China
Antshares' market cap is currently in the same area where you find crypto currencies that are purchased with Counter-Strike skins (no joke). Antshares doesn't belong there. Antshares belongs in the Coinmarketcap Top 10 regarding the value it brings businesses & developers.
Considering the recent pedal-to-the-metal speed in development and attention it's receiving from the Chinese public (and Chinese businesses), and now also the rest of the world, I predict we'll see a price of over $100 per Antshare within the next 18 months. Perhaps even more.
Follow @deanpress on Steemit for more Crypto and Web Entrepreneur stuff!
Thx for the well-written post. Very informative.
However, as a seasoned trader, I'd like to warn from jumping on the hype train. Yes ANS has potential, but when a price spikes significantly in a short time frame, it is bound to pull back. You already see this happening and, as mentioned in a post yesterday, I wouldn't be surprised to see it retrace to the USD 5-ish area. Just keep a passive stance for the moment!
Thank you so much! Also very sound advice in your comment. I agree that price corrections may be on the road ahead. I do believe that for a long-term hold, buying now would be as good a time as any due to its long-term potential, but that's more from a invest-in-the-future point of view.
Hey there, I'm also a big ANS fan, though I wonder, if your statement is not overly excited. I've been reading a lot about it and trying to be objective. I do as well believe it will go up a lot, but I am also trying to be skeptical and find more info about it, that is not so biased (like all the investor's opinions on Reddit :p ). So I would like to know, if you have more solid information, as the points you are making are a bit vague or rather, it seems more like you've just destiled opinions of other people that you've found on the internet, no offense.
From what I've found out and could say is somewhat "reliable" info:
they seem to heve solid tech or at least plans to tackle big pain-points / potential problems and not-so-potential problems, that other systems (like ETH or BTC) are facing and seem to have it well tought out (even thinking about quantum proof and much more). That's a definite plus for them.
lot of people seem to have complaints about ANS wallets as there seem to be issues with them that raise concerns and the lack of or weak support for Apple OS. That's a huge minus IMO, I mean what does it say about your project if you dont even have a solid wallet for your coin...
The big names like Da Hongfei and partnership with Microsoft give it credibility, but then again, who the hell knows if that really amounts for something. i wish it would, but Microsoft is on board with tons of other blockchain project and some of them were a bit of a wtf to me, so...I wonder.
I thought that they had a big team, but it turns out there is just 2 of them?? Can somebody confirm this? Either way, it's a lot of work wor just two people, on the other hand being able to pull some of that stuff off just the two of them, it's kind of impressive.
"Chinese buy their own product" - yeah, I guess, but I've been trying to search Chinese news and tech pages and haven't found much on the Antshares and the converstions people had at many of those places seemed quite similar to those we have on our Reddit (people not really knowing stuff, speculating, arguing, confirmation bias, hopes for the moon, trashing stupid people beliveing the hype... )
10K Followers on twitter isn't really that impressive.
Chinese boom of QR code payments is a definite plus when it comes to adoption of such tech as cryptocurrency.
So, these are just some things I had to point out. If you have some solid info I would be really glad to hear it out, as of the points I am making I can provide links to most of them, but would have to look for it in my history, so I if you really want to, I will find it for you.
Full disclosure: I currently own some, so would totally love it to go to the moon.
Investment tip - if you want to go for it, now is the time, it went down nicely like everything else.
Thanks for your comment, your information is really useful!
This may happen and its sound advice. However if you look at what happened with ETH... I think a lot of people are sad they missed the boat when it was $10.
when the bubble burst and price get stable, thats the time to buy for long term investment.
HODL. Don't be stupid.
Agreed. This is China's big eth/bitcoin play!
How's that working out for ya?? :)
No wonder, went to Antshares site and didn't understand it much. Don't really like the name but it's worth noting this Cryptocurrency, less speculation and concentrate on Value. Following you for more post like this heads up!
Thank you! Glad I was able to give you some insight :)
Valid post. The rebranding during the conference has already driven the price up substantially. I've been an ANS holder for quite a while, and I'm very happy with this weeks performance.
A lot of programming language support. And I think that the Chinese people would want to rally support for a coin created by their countrymen. I've got a lot more reading to do the next few days, and a lot of chart watching to do to see if I'm going to cash out or hodl.
It's currently 14th on CMC and catching up fast to GNT and ZEC. Got a follow from me good sir.
Long-time hodlers rejoice! I bought at around $1.50 so I'm very satisfied about its performance as well :) And you're right. The amount of information flowing in makes analyzing ANS a full-time job. Might become a whole lot more info on the 22nd.
Thank you for the follow!
You must be quite happy indeed! Up 1459.691% past month according to CoinCap
I am feeling pretty perplexed by Antshares growth at this point. I choose to reply here since this post outlines a lot of the positives to be excited about with Antshares. However, in contrast to other early adoption crypto interests (LBRY, IOTA, SIA, STEEM, BTS), Antshares in my opinion feels like a very rough product. Here is an outline of some of my initial criticisms:
At this point, I am suspicious that most of the Antshares hype centers around 3 primary considerations: 1. Antshares asserts to be a next generation Ethereum-like product. 2. Antshares is a China product, and therefore speculation is that it will be heavily adopted by China business interests. 3. ANS market cap is comparatively low to ETH.
I am still very interested to learn more from the steemit community that has more experience with this cryptocurrency as well as any takeaways from the upcoming Antshares conference.
The transaction fee is a bug from bittrex, it should be 1 ANC (not ANS). The web wallet still has to sync locally with all transactions. The transaction is probably there, you're just not seeing it yet. You can check by looking up the transaction ID on antshare's blockchain explorer: http://antcha.in
As far as I can tell, the ANS / ANC issue is not a bug. Everything you need to know: Antshares vs Antcoins. Here is a recent Medium article I found that further encapsulates my concerns.
Thanks for the info, curious to see how it will do!
You're welcome!
Wonderful post! I didn't know much about it until now.
Thank you! Glad I was able to give you some insight.
Yes I must agree NEO is undervalued with a lot of potential, I am buying it from time to time now. I bought 2 NEO the other day and profited $6 already.
wondering if you could do an update to this post with the new rebranding to neo, and other news this past month involving ANS/NEO
CHINESE MOBILITY!!!!
It's going to explode, no doubt.
agreed!
I think so too.
yes, me too
Touted as China Etheruem. Massive potential for investment and ANS 2.0 coming up in a day or so will either push the value to new heights or go back to earth and crash.
Time will tell! :)
Thanks for such great inf.. Just busy in buying some for witness how it run in future.
You're very welcome!
And it's Chinese !
Vitalik is a fucking reptilian !
Great post I too think antshares is undervalued atm! Think of what the price is going to be once it gets on exchanges like poloniex and it becomes more well known to people outside of China!
Agree 100%. Integration with major Western exchanges will greatly benefit ANS and its exposure in the West. We're at the very beginning!
quite a rise in price over 24 hours. would like to hear more.
Definitely. I'll be posting more updates about ANS and all other new and undervalued coins on the market!
Congratulations @deanpress! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPBy upvoting this notification, you can help all Steemit users. Learn how here!
Cheers for the summary - I actually searched for Antshares on steemit after noticing the price going up so much today without knowing much more - glad I did. This could be one to stick a few quid in and hodl.
You're very welcome! Sounds like a good decision :)
I was reading up on it today and realised Im a bit behind the ball but believe this is going to be the next big thing, everyone sitting on XRP should switch to this in my opinion .. Thanks for post
Good analogy. You're welcome!
Check this out! There is a posibilty Ant Financial Group is behind Antshares. The same owner as Alibaba. Ans going to the moon i think!
It has already been confirmed that Ant Financial Group has no affiliation with Antshares, although Alibaba is indeed a major interest :)
Great summary on what Antshares is bringing to the crypto scene.
Thank you!
Thank you for introducing this cryptocurrency.
You're very welcome!
you mean TODAY! LOL
LOL yeah if it keeps going like this we'll see it way sooner
WOW. Thanks for this Intel! Shout out to @deanpress for this highly informative post and @crypt0 for the resteem!
Thank you! Also thanks to @crypt0 so much for the resteem!
The timing for this post was immaculate! It was in the best dip
Great Article! I totally agree. Antshares will be around $50-$100 very soon.
With only 50m supply and 100m total supply, the demand is going to be through the roof!
Thank you! I'm looking forward to seeing this coin develop in the coming weeks. The last few days have only been the beginning.
I always noticed those antshares on Bitshares i mean Bittrex lol i really typed bitshares lol i wish Openledger had every crypto currency that Poloniex and Bittreex had!
, hm ima go make sure i buy a few antshares right now!
i just bought 36 shares at $14.00. holding it for long!!!
That's a good bet! Best of luck to you :)
What the hell. I'm in. Why not give it a whirl for few coins?
That's the spirit haha. Did you get in at a good price?
Hahahaha! If it does what you think it will, yeah a great price! But it's still going down. Might take a while to catch on. @clif likes it too. excellent critique in his latest Naked Wealth report.
Thanks for your post, nice summary!
You're very welcome. I'm glad you enjoyed it!
Thank for this valuable article. I wish I had heard about ANT earlier. I bought yesterday for around 0.003 BTC/ANT and will treat it as a long-term investment.
Good choice, and good luck!
You are aware that its ANS(Antshares) and not ANT(Aragon)? Hopefully it was a typo.
Congratulations @deanpress! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPBy upvoting this notification, you can help all Steemit users. Learn how here!
a great post Dean!
ans caught my attention last week being highest gain on bittrex.
i didnt invest because of al the info i found was in Chines.
after reading your post and finding some more info on Reddit i finally invest!
i also started following you hoping on some more tips!
Awesome! Thank you for the follow :) I'm glad I was able to give you some insight!
Nice work, man! I'm really interested in AntShares right now and your text really helped me. Is there somewhere already where i can buy AntShares?
You're very welcome! You can buy them on Bittrex :)
ANS is now in a correction mode after rapid hike in short term. It appears that it has good potentiality to generate decent return in future. Eye for a long term investment rather than short term. I am already owning :)
Same here! I'm very happy with its performance so far.
Although trading crypto since one year. I'm not aware of antshare potential . thanks for your insight.
You're welcome!
Buckling my seat belt for the 22nd
Thanks for sharing the great info. I knew about the news a bit late and seeing the price has been skyrocketd to USD10! Will see if the price will become more attractive to get in. Will surely keep am eye on it.
What would you think the price would be after the announcement today?
Looking forward to the ANS announcement
I'm totally on the fence right now as I didn't invest prior. I have a rule not to FOMO but I do see the long-term potential. With the announcement happening very soon, I'm reminded of the DGB Citibank contest - the price spiked the weekend before based on the buzz. The actual contest and also conference they had too did nothing for them. So I am thinking the past couple days may have been that spike.
That being said I think the ANS x Microsoft event and rebrand will have a ton of clout...leading to more FOMO. So I may buy in at this price and sell high and buy in upon consolidation.
Also thanks for the post, will follow you - wish I saw this 2 days ago and took it seriously LOL :)
Great, but i will still say that for antshares to rise above 100s of dollars withing 18months might just be only a wish. Judging with the way the big don cruptocurencies are moving
Thanks for the great overview. Its such an exciting time to be involved in crytos.
Read the whole damn translated white paper (that's available) and I am impressed even though my understanding is still limited.
Great Article. Once chinese get behind it can easily be $100 12 months - 18 months.
Bought a lot of Antshares at $1.75. Turned out to be great trade. Sold some at $8+ and bought back lower for a long-term position.
Following you
good coin!thank you!
Thanks for the write-up... you gotta buy this one even after the run up. Massive potential.
cool, what is the best way to buy and store antshares? 🐜
Well written post, good job buddy!
Please give a try on my article.
https://steemit.com/steemit/@thelit/everything-you-need-to-get-started-fast-with-steemit-social-media-that-pays-thanks-for-your-previous-response
Just traded some bitcoin for antshares yesterday... Great post @deanpress lets hope your right :)