Quote from: aundroid on March 07, 2018, 09:41:46 AM

Quote from: gin113 on March 07, 2018, 09:33:18 AM

Quote from: aundroid on March 07, 2018, 09:19:00 AM

Quote from: RobeLee on March 04, 2018, 04:11:25 AM

I have been reading that Bruno and the Oyster team are going to peg the price to an amount of storage. I'm not sure how this works but if there's someone that can explain this to me that'd be helpful. I'm heavily invested in this coin and I'm not sure what this price peg is going to do for my investment. Any insight would be helpful! As well as if anybody has an idea of the value they might peg the price at because I've read anywhere from $.45 to $15 per 64 GB of storage. Thanks

Did you already read the medium article about the PRL Pricing?
https://medium.com/oysterprotocol/how-prl-pricing-will-work-in-the-future-d67c4f231386

so at some point the pearl price will be almost locked lol sucks

No, because the increase of the peg over time will influence the price long-term.
The peg is just set to 64GB first.

Quote from the telegram group:

Quote

Prl will be pegged to certain amount of storage at an increasing rate over time. If price gets too high there will be nobody buying storage for such price.
If it gets too low people will swoop in for some cheap storage. This is one of the few coins that is actually planned to be tied to something real and not be based on pure speculation.

There will always be a sense of supply and demand for this coin. The price will fluctuate like others and likely with time, the price will decrease if the storage remains pegged at the same amount. The competitive nature of the storage market will dictate price. The devs will I'm sure be extra vigilant in anticipating these changes and increase the storage allowance per PRL accordingly.