Re: ⚡⛏️[ANN] Giga Watt: Best Home for your Mining. Starts today!
Hi everyone, do you think it's possible that one day a giga watt token will be at 100 USD or 1000 USD ? 
So why it climbed up to 5 usd. When the 30M chips are issued, maybe the value will increase if people exchange themLol no way why would they. They are pegged to electricity prices and watts. The costs of electricity will not raise that the token build on it will be worth 100-1000 bucks.
Right now I am just not sure if you are serious or if that is a jocke
You have a total amount of coins equal to a total amount of watt. Each token has a maximum lifetime of what? 50 years?
Every day that passes, the rest value of the token diminishes a little bit more. It's opportunity costs you need to use for calculation.
Sure idiots might trade them but at some point, driving the price up.
30.000.000 watts(token=watt) are 1500 antminre (more or less)
they safe you 18.000.000m Dollars per year (30k k/W x 50Dollar x 12 month) for hosting fees (this is the max amount you can save from hosting)
over 50 years that makes 900.000.000 dollars worth.
That means the token Value is 30 Dollar BUT only if you use them for 50 years straight. AND considering that you do not profit from paying exactly the value you would need to pay for hosting (if you had no coins at all) you will see lower prices for token (getting less every year)
That's why I say 1000 bucks for a token is unlikely. Besides, to get even a glimpse of the Real Lofe Value of the token, they would need to actually operate your miners
The reason the price is increasing is due to the fact that mining locations are not available everywhere and most people do not want S9 in their basement because they did not expect the heat or noise. OR they ordered like a lot of people dozens of S9 without realizing they cant plug them to one circuit in their house lol
Agree there is a max value of the token. Still $30 is very high (include risks), will sell everything
If poeple invest they will look like 5 years invest at front and not 50 years, then roi is very low, depending how you vaue wtt after the periode. Still big investment for mining. So psychologici i think also around $5.
I understand your calculations. it is pure mathematics. However, I think that it is not completely correct because electricity prices have always increased and will always grow. Second point, for example, the government may prohibit mining at home. There are various scenarios.
In March WTT tokens will be added on the next stock exchange. And whether we want it or not, people will make money from them, sell / buy.
The user's role of the token ended when you bought it at ICO.
Then you got the oportunity of getting a very low price of elektricity, of course, if you will not sell tokens, and Giga watt got money for build the construction what will allow you to cheap mining.
At this stage, every miner got his cheap tokens. constructions have been built and already exist. if you keep and never sell your token, you will save a lot of money on energy. however, if you will sell, then giga watt will earn more money.
you can ask: Why would the token be expensive?
Why are hundreds of other expensive tokens being useless?
for example: ZCL. I bought for 2$ a few months ago. I sold for 200$
Why prices explode? Becouse the whole crypto market is one big speculation and greed is the nature of man.