Post
Topic
Board Announcements (Altcoins)
Re: PIECOIN REBOOT
by
tehMoonwalker
on 30/07/2017, 11:21:34 UTC
Hello guys, what do you think about PIE today , any thoughts about 270 sat? Smiley

It's possible today reach 270-300 satoshi, but none of us have a glass ball to see what the price will be in the future Smiley

The market determines what the price will be Wink

All depends on the supply and demand. If all the early adopters sell off now to make a killing then it may take time for the price to rise more but we purchased around 85k now but we are still waiting for how much is needed to run a masternode. I hope that it will not be more than 100k or 250k maximum otherwise it will be too expensive.  Grin

Also too many big sells on C-CEX need to be taken out first before it can rise.

100K TO 250K is way to much considering the available supply say 75 Million that would mean at 100K for master node there would only be a total of 750 masternodes available if all available coins are in masternodes.

Its not about how expensive or inexpensive the masternode will be it is about the sustainability of the network and with only 750 available I just cant see how that will work.

You are only taking into account the cost of the coin today lets say 250 Sats

100K x .00000250 is .25 BTC or about $700

if it takes less coins to own a masternode then the price of the coin will rise accordingly just look at all other masternode coins.

Dash 1000 Coin Masternode 7500 masternodes available at todays circulating supply cost of masternode around 190,000
PIVX 10000 Coin Masternode 5300 Masternodes Available cost of masternode around 18000
CHC (Which is not a great example because of the drama there) 1000 Coin Masternode 15000 available cost of one around $700 and this coin has no support other than a HODL group.

I would think target for PIE masternode needs to be somewhere in the 10 - 15K range having between 4500 - 7500 masternodes available

If this is implemented properly I can see the price easily rising to over 1$ especially if we can get on Bitrrex or Poloniex

Maybe I am way off here but someone else please lets hear your thoughts



i agree 10-50k max for mn