IPFS/Filecoin is the growth trend of the Internet tomorrow. As long as you truly understand the potential and value of tomorrow’s storage market, you naturally don’t care too much about the current short-term currency price, but look at the essence of the appearance. The development of a track has gone through a great wave of sand, and when its value is fully realized you can participate in it. Will become a leek standing on the hilltop.
Deciding to mine coins is the best way to accumulate FIL coins. It depends on how many coins you have. Otherwise, it doesn’t make much sense to have one or two coins in your hand.
And one of the most promising digital currencies in the coin world, FIL’s long-term value is beyond doubt, but no one can be sure where it will rise in the future, but we can see its ubiquity through a few key points in time.
October 15, 2021, one year after the mainnet goes live. According to the current growth rate of computing power, the effective computing power of the whole network will exceed 11EB, and the total amount of the whole network pledge is about 150 million. The efficiency of coin mining will decrease gradually and may reach 0.03FIL/T. Daily net production will be well below daily commitments and GAS burns. Therefore, FIL will be in short supply. The value of the FIL will then be revalued. By then, the price of FIL will be hot again. How much will the price of FIL go up? 600 u? 800 u? Maybe it will be clear in time. And Juan himself boldly predicts that by the end of the year it will be between 600U and 750U.
April 15, 2022 marks a historic date for the Filecoin Protocol Lab and the Filecoin project participants. The first 540-day life cycle is over. The maturing pledged currency will then be released, which will increase the number of FIL issued in the market. Should miners defer their commitment to mining, or should they sell their cash on the secondary market? Maybe both, so the market should have been volatile, but it was also a good time to get in.
Because with the growth of the network, the total amount of pledge is increasing, the GAS is burning, and the average daily production is decreasing, then the price of FIL currency will reach a new high. Look back at the current currency. Prices are still very low.
So, for now, rest assured that you can mine coins and hold the tokens. It is not too late to enter the market at this stage. Target prices are far from what we see now, and we don’t have that much of a pattern to predict future prices. Just mine, mine, hold, hold, hold for a long time. Is the king!
With the rapid growth of artificial intelligence, big data, 5G and other high-tech technologies, Filecoin will bring billions of dollars once it is applied on a large scale. So whether Filecoin is a coin-mining or an eco-app, there’s plenty of opportunity for the next three or 10 years.