The price is irrelevant, until the exchange opens. The usage rate will determine the price. For now, the day traders are manipulating the market to steal coins, because they know what is coming and that crypto people lack any and all long term perspective..... Foolish people are selling and they are going to be SICK. Really sick...

I just left an entrepreneural start-up club meeting. The guest speaker had a successful start-up and talked about his experiences. He pretty much outlined the phase Bitstake is in...without knowing it. At this point, Bitstake is a start-up with unlimited potential due the disruptive nature of their business model and the size of their industry. The new model for venture capitalist over last 18 months is to see user adoption first. You must have market penetration, fist. Because anyone can build an app or platform for little money (We have seen this first hand with crypto). There are lots of good ideas, So VC's want to see adoption. That is the hard part.

Bitstake, like most start ups, will have an uphill battle. However, their sell is this easiest in the world. Do your want to pay 12-20% or 1%? The challenge is teaching people crypto, but really that is not too difficult, because most money is really digital -if you thing about it, anyways. There will be a learning curve. So, once they hit their numbers, the exchange will open. Then, we will be monitoring subscriber growth instead of Bittrex...If Bit-pesa taught us anything, it will be explosive.

All in all, good times are ahead The team has their sites on India next and Latin America. I can't wait. This is going to be an Epic 2015 !