Post
Topic
Board Altcoin Discussion
Re: Tezos: A Self-Amending Crypto-Ledger
by
amintek15
on 15/10/2017, 15:49:15 UTC
hitbtc is selling IOU ( The term "IOU" is an abbreviation, in phonetic terms, of "I owe you.") , real tezos ICO tokens are not distributed yet. Hitbtc has a price of usd $2 per IOU - that is aprx. 5x ICO price. When real tokens hit the market this price could be meaningless..or not Roll Eyes

I agree that we don't know what will happen when the real tokens hit the market, but one think I want to point out is 5x from ICO price isn't crazy. All you have to do is look at some of the recent decent ICO coins that have hit exchanges.

I think if it hits the exchanges at $1 or so (2x), it will quickly rise up to the current $2-$3 range. It could also land on an exchange and trade at the current IOU price. It's a big ICO with a big idea.
anyway even if it make a quick x2, try to keep it as long as you can because this sort of projects is long term of course and no doubt someone will find Tezos usefull in the future