Quote from: KeyserSozeMC on January 13, 2014, 09:14:52 PM

Quote from: boomerjackson on January 13, 2014, 09:08:02 PM

Why is the going rate about 100 for 0.1btc? whats the math involved here

I beliece it's because of the difficulty and the price of electricity for mining?
Not sure tbh.

Demand brings the price to a coin, always. I can sell 1 BTC for 10.000 USD, but who's gonna buy it?
Holding = Increasing demand = Bigger demand = Bigger price

It's all up to how we advertise the coin. The more community gets involved with the coin, the better results we can see.

( Hope I helped somehow )

You did, I was just looking at how much coins sold with the same coin amount sold within the first few days and trying to get a good feel for it