Quote from: cryptomen101 on November 23, 2017, 07:08:14 AM

Quote from: Z1pp4 on November 23, 2017, 06:57:01 AM

Quote from: tigerMJyang on November 22, 2017, 10:11:45 PM

Quote from: bignevola on November 22, 2017, 10:03:45 PM

Does anyone know what is expected price of STRAKS?

Its better than others. I think in the future its about 1000 dollars.

Is it based on some information or it is just your thoughts? Cuz i can also say it might cost 100sat

Please remember investing in to cryptocurrency has reasonable risk , should not purchase more than you could afford , STRACKS going to be long term project with a proper vision ,I believe this project will success.

See what I said here:

Quote from: Eulersheep on November 23, 2017, 04:04:03 AM

It looks like there will be 41,250,000 coins to begin with. It would make sense for the initial price to be 1k sats (which is ~4x current signatum price) which would give the coin a market cap of ~3.3m. The coin is going to have to be worth much more though to attract miners, as even if you control 10% of the hash power, that is ~60 coins per hour which would only be ~$5 per hour.

Since the block rewards are so low, the coin is going to have to be worth 10k sats + to be worth mining with a reasonable network hash rate, but seeing as it is a newly released coin without an ICO, I doubt it will be worth that much to begin with.