Re: [ANN] Minereum - First Self Mining Smart Contract

Should not be the mne Tokens much higher priced than 4 - 5 $ currently?

Assumed that 1 ETH = 350$ when ARTMINE ICO starts and on day 1, 10 MNE = 1 EH = 350$ -> 1MNE = 35$

Current Price: 4$
ICO Price (assumed 1 ETH = 350$): 35$

Don't people trust the project or what's up?

It will be, once the date of the Artemine ICO is release, just wait for it man, you can quote me on this though, because I am sure of it.

Doubt it, I've read an quote somewhere that applies here: I can sell my fart for 100$, OR I can sell it for 10 of your farts. That however doesn't make your farts each worth 10$. Also, I guarantee no one is gonna buy ART with ETH, that would be absolutely ridiculous as that would be almost 10 times more expensive. They added the ETH value to show everyone how much better it'd be to buy it with MNE, so that interested investors would be buying MNE, pumping its value. I'm not saying that's not a good strategy, but you're comparing apples with oranges here. My guess is MNE might go up to 15$, but I'm more inclined we're not gonna see it go past 8$ anytime soon

You're missing the point. The fart thing is conpletely irrelevant. The idea is that nobody will contribute using ETH because they can get more for their money by buying MNE and using that, thus driving the price of MNE up. With enough interest there will be a point where ETH may get you more for your money. It will balance out providing there is enough interest, because the circulating supply of MNE is limited, and the coins will be burned.

I'm not saying that it's 100% going to hit $30 but at the end of the day it all depends on the level of interest and how well it's marketed.

Exactly!

Let's agree to disagree, no disrespect brother

the funny thing is in terms of making profit, you all are debating whether it will go up 100% from the price today or 700%. LET EITHER HAPPEN AND I WILL BE A HAPPY MAN! hahaha, lets go MNE!