is the price good enough for buying right now? i think the price isn't cheap enough.
Take the following numbers into account:
- There are about 50.000.000 coins
- The current value is about 0.00000615 BTC
- I personally (my opinion!) assume that any well established coin
can reach 1% Relative BTC Target Value (based on DOGE, PTS, LTC).
- For FairCoin that would be (21.000.000 (max BTC)/50.000.000 (max FAC))/100 = 0.00420000 BTC/FAC
- Relative price at 1% Relative BTC = (0.00000615/0.00420000) * 100 = 0.15% of possible value
- Do the same calculation for DOGE, MINT, LTC, PTS, BC and ZEIT
Decide for yourself if the price is good enough for buying right now.
Disclaimer: I'm just doing the numbers here. And remember; results for the past are no guarantee for the future