As we draw near, many are wondering what prices we will see. Heres my thoughts and predictions of the prices when Bitclave is listed on the exchanges:
Price predictionStarting price range may be $0.31 $0.50 where I think some lucky few will perhaps get in for $0.10 $0.20.
I predict that the bulk of the trading in the first few days will trend up and take place between $0.50 $0.63 & finally I estimate that the high end at the beginning could taper off between $0.70 $0.77.
Going forwardOutstanding dev team, a promising collaboration with Carnegie Mellon University, actual alpha product on their BASE platform, challenging but disruptive solution.
One issue I do see is transaction speed limitations but that is more a problem involving the whole blockchain ecosystem.
Bitclave is gonna be exciting and one to look out for going into 2018.
As for the future, steady price increase. With the updates, changes and improvements of whats to come, I place a conservative price point of $1.50 Mid 2018 and around $2.00 $2.35 EOY 2018. Take this into consideration with a grain of salt.
Possible aspect of the supplyOne interesting found is the total circulation supply. Currently, most of us think it is around 550m (cirrulation supply). As mentioned - 550,842,000 tokens distributed in token sale or 25,547,000 USD hard cap"
Those were just the general terms of the token sale. But if one were to take a look at their contract
https://etherscan.io/token/0x68e14bb5a45b9681327e16e528084b9d962c1a39#balances, by the actual numbers were looking at possibly less than 400m in circulation (Total Supply minus top holder which is assumed to be bitclave).
In this case, there could be a big increase in what the actual prices are. Knowing my luck, Ill probably be sleeping when trading starts so I do hope this isnt the case. If not, then thats good since nothing has change.
Reminder, this is not what the actual prices will be. This is just a prediction. The numbers could be overestimated or underestimated. This serves as a guideline and will vary on an individual basis.
I really like your very sound price prediction points here and that looks pretty promising to me. The fact that the crowd sale sold out very fast means that there was a high demand with this token so even if people want to offload and bounty hunters will dump their coins, I also believe demand will exceed supply at the 10 cents level which was the original ICO price if I am correct. To see it open at 3 times the ICO price is quite promising Indeed. Of course a x 10 scenario middle of 2018 will be a great vindication for CAT holders.