Quote from: yeapyngcn on December 26, 2017, 10:41:37 PM

Quote from: cabron on December 26, 2017, 08:57:17 PM

Quote from: yeapyngcn on December 26, 2017, 07:44:00 PM

Defo agree this is potentially a market disrupting technology and concept. However, can some explain the following question to me???

According to this article below:
https://blog.icoalert.com/ico-alert-report-oyster-ffda53924db6

The PRL coin is pegged to storage. I.e., 1 PRL buys you a 1GB storage on the pearl network for 1 year. So now if you look at cloud storage prices ranging from $0.1 to $0.24 for the same service, how can PRL price be at what it is at now??? For an end user, I can understand if they prefer anonymous distributed storage over say Google or Evernote services, but at a more than 100% premium???

Unless someone can explain this to me as I can easily be missing something out here, but if I'm not, then personally, I would value PRL realistically between $0.1 to $0.35, anything beyond this range represents trading opportunities given the fundamentals.

The constant growth of price is saying something else though, there could be some news or features of this token which makes it better than any competitor in crypto. The price is really surprising that someone who don't expect this coin to have good price will dump for profit at a very early stage.

Personally, I think it's just the exuberance causing people jumping into the next opportunity without spending much time going through the fundamentals or white papers. I've personally made decent profit on this one, but now I'm out given the natural ceiling of the price given it's a pegged coin. Will wait till it's back under $10 cents to get in again. Good luck to all though if the exuberance continues...

There is absolutely zero chance this coin goes under 10 cents. $3 by Mid 2018 and $10 by the end of 2018.

Bigger exchanges, testnet, and more marketing all coming soon and you think its taking a dive? No sir.