Yesterday when I offered around 16k sats per XEL I got 6 offers and due to that I raised it to 18k and most where happy to do the trade. Today I am seeing quite a few people wanting to buy around 20k.
I am selling 5-8k as I want to keep a few XEL for myself. I am selling at 22k sats each. PM if interested.
I think below 20k XEL is undervalued but above 25k is overvalued. That's why I am going with a price in between.
I was about to transfer some BTC to the Heat exchange and put in an order around that price, but I'm just afraid this project might've gotten over-hyped by the little Bitcointalk OTC bubble. 25k would put the valuation at $41m, which means it would leapfrog GridCoin without being on a single big exchange...
I'm afraid once it gets listed on a bigger exchange like Bittrex or Polo people might shy away from that valuation and the price could dip to 5k-10k.
IIRC, these prices are already
40x the ICO price.