IMO it's overpriced at even 400 sats. I would rather catch the dump after the ICO release which consistently happen 90% of the time since there's ICO buyers who sell before the actual APP release in > 1 month.
It absolutely is. 350 btc is a dream, I'd buy right now if it wasn't 350 or bust. Not only is it not going to come close, if it did it would be OVERPRICED.
I agree, you don't need to invest to use the APP.