Post
Topic
Board Announcements (Altcoins)
Re: [ANN][MSK]MaskNetwork testnet launched. Testers needed.
by
Alfred Dulaire
on 12/01/2016, 13:20:21 UTC
Available For Sale 970,000 coins with Last Price $0.4 per MSK = Extremely overpriced, no thanks.

They are currently selling 1 Million coins by 10k bandwidth with a 0.1 increase at each level, starting at 0.1$.
So the 1 000 000th coin should "theorically" be sold for 10$ !!! (if they are all sold haha)
And each year for 9 more years they will put 1 million new coins in the system. Why? idk. Interest rates? New crowdsales?
Will they really stop putting new coins after 10 millions coins in the system? idk either. Why would they stop...
They can edit how many coins they want, I did not read it is a fixed number like the bitcoin.
So in the long run how is it interesting to invest currently 0.4$ / MSK coins Shocked it is too much indeed