can bancor price go under 0.01 eth?
It can, but only after that a 107.99K ETH buy wall set by the Bancor team as a floor is depleted. Which is not very likely in my view.
Let's wait for the big bounty dump. soon.
price will not be lower than 0.01 ETH for 1 BNT. Deavs told us about. So bounty could dump price to that amount. So we should expect only rising soon, after bounty distribution.
So what happens after the buy wall is depleted? After that no one can stop it's downward movement. The team has also gone slow on development. Looks like the most anticipated projected of the year will just fizzle out.
When the wall going down.
Price will go up or down according to the total token supply.( more total supply will increase the value, less token will reduce it)
Just bear in mind that to reach 0 value all token need to be sell.
The devs team hold 50% of BNT now, when the wall is going down, that will add around 12% more BNT for the team to hold.
So i dont see a point where the value will go down more than 50% from ico price. That is 0.005eth. Because the team hold the 50% bnt and wont sell it.