Waves looks ready to be in a MEGA Run!
Hey guys I recently found Waves because it has just been on a tear. Consolidation -> Big leg up -> Another consolidation -> Another big leg up... From a technical chart perspective, it is looking like one of the strongest charts out there. Not comparing this with STRAT completely since the market cap on STRAT was really small at first, but the chart pattern is looking quite similar...
This is Waves daily chart: 
Now this is Strat 
That Strat chart is just the beginning of the actual Strat chart: 
These comparisons are not completely equal obviously due to market cap, but serve as a guideline to the direction/trend as opposed to the exact percent increases.
Simple Fundamental analysis: The need for a decentralized exchange is very high. Exchanges such as Poloniex has a very unfair advantage as they pick which coins get listed on their exchange which obviously gets pumped. Even outside of the crypto world, Brokerages sell order flow to HFT firms that give them the competitive advantage over others. Decentralized exchange will balance the playing field for everyone. Here's some speculation to go with it... NEM coin is one of the most popular coins in Japan. It was already making a strong run before the crypto craze happened in Japan, but once it hit Japan and all the volume came in... NEM made an insane run up! Waves is one of the most well known cryptos in Russia and hopefully can follow the hype NEM received when Russia really gets involved in crypto.
Just one article about Russia : https://www.rbth.com/business/2017/04/24/russia-to-legalize-bitcoins-and-other-cryptocurrencies-in-2018_749311
You can learn more about Waves here : https://bitcointalk.org/index.php?topic=1387944.0
I like these! Simple and informative. Links to reddit, bitcointalk and so on would be great add on!
Thanks. Will add them in.
You forget about the biggest opportunity for waves: being one(even THE ONE) platform of reference for ICOs. We have seen many problems with ethereum recently ( lack of scalability, crazy transaction fees, unfairness on the ICO distribution, etc.). Waves mainly focus on tokens creation and exchange but do it perfectly! And more and more ICO are using Waves. The biggest one Mobile Go raised more than 50 millions $ recently. Just the beginning !!
Oh yeah you are right! There's just too many good things going on for waves I forgot to put it all there.
I'm bullish on Waves as well because of the ICO fever....but don't forget you can milk a lot of return from Waves by leasing it. See my post on my leasing returns if you get a chance.