The rate 1 ETH = 500 GNC means that GreenCoin Token is not cheap at its starting crowdsale price.
I will buy it when the token readily listed on exchanges.
I will wait for general assessment of crypto enthusiasts on exchanges before choosing which price to join.
I support your point of view. The course of the ethereum has fallen today, so the rate of 1 ETH = 500 GNC is very profitable. Of course, selling tokens above this price in a bear market is extremely difficult.