Hello guys......any price predictions during the next 2 months or long term on biblepay? Any new exchanges coming? I think thats the only thing holding this great looking project at such a low price right now.
While this should not be investing advice, a few things to look at.
We were a $0.007 (7/100ths of a cent) coin for most of the first four months. When masternodes (sanctuaries) were announced, our price jumped (and this was also during the big run up in crypto in general). When the January crypto correction took place, we dropped as well. For most of this year since January, we've bounced between $0.0025 and $0.0033 (one quarter to one third of a cent).
Gridcoin, which is a significantly older project, has a market cap of between 6 and 7 times what ours is. We do some things that are similar (BOINC) although they do that to a broader degree. However, we do things they don't (direct charity, Masternodes). My personal feeling is that we should be much closer to their valuation, and a rally in the crypto markets could put us in a position where we MIGHT be able to sustain a price at or above one penny.