Quote from: Dogmygod on February 03, 2014, 12:57:36 AM

10 minutes after closing people want 10-15x haha... ponzi scheme much Grin

. Crypto is freaking crazy, just don't want to be left holding the worthless currency.

The price of .001 BTC/XCP at the very end of burn put the market cap at 2648 BTC

This put Counterparty at #25 on http://coinmarketcap.com/

2648 BTC market cap is way too low for a protocol with the first functioning distributed exchange.

2648 BTC market cap was below much less innovative coins such as Kittehcoin or Tickets.

It was obvious that there was nowhere for the price to go but up 2x, 4x, etc.

I'm regretting being conservative and only burning less than 10btc.

2 weeks into the burn, I was estimating that we would see at least 5000 btc burnt. The total amount burned (2124 BTC) wound up being much lower than I expected.