but seriously, this project at this stage is overpriced. it really should be closer to 0.0001000
i wonder how did you get this number? why not 0.00001/2/3 or just 1 sat? overpriced compared to what?
all jokes aside. the point is
THERE ARE NO OVERPRICED/UNDERPRICED COINS. this is free market and it determines the price. if someone is willing to pay 0.01$/$1/$100/$1000 for a SPR that's the price. that's it. easy?
Well there is a flaw in that point of view; a view I would ordinarily agree with.
You see, the point of SPR is to mimic darkcoin, but with a solo mining twist. That means master nodes with people buying tons of coins to prove their readiness to serve the network and prevent bad actors from occupying too many master nodes, threatening the anonymity the network is supposed to provide.
The race to introduce master nodes into SPR is only a race to manipulate the price.
Those that hold the majority of the coins never wanted liquidity in the market. They were counting on master nodes to create buying demand very early into the project to further compound their reluctance to provide liquidity. They want to artificially push up the price at this early stage in the project.
Darkcoin, on the other hand has less than 50% of the coin supply locked up in master nodes, and coin volume was off the charts for the best part of 9 months.
Because there is price manipulation, I think there should be a significant market discount to the market price. You also have to take into account other factors, but that is a good enough starting point.