Post
Topic
Board Marketplace (Altcoins)
Re: OTC - Buy and Sell Elastic Coin Thread (XEL) - Always use escrow
by
ImI
on 26/02/2017, 17:11:31 UTC

Imo its not bad to have such a thread in the Marketplace subforum, the other thread is in the Speculation subforum.
ok- true

I sell 17500 XEL for 20K each
why so cheap ? There was a guy wanted to buy 20,000 XEL for 30,000 Waves, that's about 30,000 Satoshi per XEL.
Just FYI
I think this is a fair price and win/win. I think at the moment there is nobody who would pay more. Maybe this will change when we hit exchange and buyers are realising that there are no cheap XEL

Fair price is 2000 satoshi because it is 2.5 times more expensive than ICO, but Bitcoin tripled. It makes profit of 7 times.

"Fair price" has nothing to do with ICO price. Its a big mistake to think that a project that trades at 2x ICO is a better investment than a project that trades at 20x ICO. Its a useless factor in approaching a price. All that matters is marketcap in comparison to similar projects. So go and have a look at coinmarketcap.com and then make up your mind where you would put Elastic in this row of projects.

Me personally would say: We start at a marketcap of 5mio$ and with time and exchanges we climb up the ladder.