Byteball's price is flying!!!!!
Byteball fair value is ~ USD 5,000 per GBYTE
I guess it depends on what you consider to be a reasonable fee. And that can be a good thing, as speculated by some user:
Regarding the discussion about the Coin Supply. The current supply is 1,000,000 GBYTE which is not high in my point of view.
You can not multiple the current supply with billion and say we have 1,000,000,000,000,000 Bytes as supply. As this is not usable due to the fees per transfer (583 Bytes per usual transfer)
Recently i have tested the wallet and made some micro (1 byte) and small (1,250,000 = 1$) transactions.
I have paid 588 Bytes fee per transfer which equals to 0,0004664 $ (800$ per GByte / 1,000,000,000 x 583 fee)
If we assume that highest reasonable fee is 0,01 Cent. Then Gbyte should maximally rise with factor 21. The maximum price for 1 GByte would be then 16800$ per GByte