Quote from: scattypatty on January 25, 2018, 07:32:26 PM

Quote from: YoggYogg on January 25, 2018, 07:16:47 PM

Quote from: Zeatorius on January 25, 2018, 06:02:21 PM

Quote from: supermoney on January 25, 2018, 01:02:59 PM

Quote from: Zeatorius on January 25, 2018, 09:51:37 AM

I sold my 2300 geo at 41000 sat. Price probably back to 10k, still very high. Doesnt seem like much is happening here so I will wait for dump under 10k before buying. I am no troll but i just think price will slowly decline as no big news for geo many say it is the crypto that will not be worth anything

I doubt we will hit 10k after token swap. Let's not forget that total supply will reduce from 5mln to 4mln and many GEO stuck in exchanges and wallets will get "lost" forever because many people don't know about token swap they probably either won't even try to contact GeoCoin's support.
But in primis... From PoW to PoL Grin

pow is not done yet though is it so much more dumpin can happen. 10k is still a good high value though.

If you have some more - could you please put some orders down below 40k? I would not mind to switch some Ubiq for Geo at that price and you can rebuy later at 10k

I very hope that the price doesnt go that low!! I am not sure though in my mind end of pow phase means that less coins a day less dumping meaning more price increases. I would think this but crypto is very odd and markets are difficult to predict.

also less coins 5m down to 4m should mean more value. But I can only guess. Roll Eyes

Just to clarify our original POW specs set the maximum GEO supply at 6,833,000 after all 5,000,000 blocks were mined (calculations below). This is being reduced to 4,000,000 total supply, so even further reduction.

Block #'s and Block Reward
1 x 34,000: 34,000
2-100 x 0: 0
101-40,000 x 10: 399,000
40,001-80,000 x 9: 360,000
80,001-120,000 x 8: 320,000
120,001-160,000 x 7: 280,000
160,001-200,000 x 6: 240,000
200,001-240,000 x 5: 200,000
240,001-280,000 x 4: 160,000
280,001-320,000 x 3: 120,000
320,001-360,000 x 2: 80,000
360,001-5,000,000 x 1: 4,640,000

Total: 6,833,000