Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ORA::100% POS|Qora Clone|Free & Fair distribution|issued NXT AE ASAP
by
poornamelessme
on 29/07/2014, 16:40:37 UTC
what is the expected price at launch and two days after. Any guess?

I think in the long term 1000 sat is not impossible. It's a long shot but not impossible. Realistically, in the days/weeks following the launch, I think we should be very happy if we're able to maintain the value above 50 sat. That's taking into account dumping which will automatically ensue as soon as the price rises.
But let's wait and see, we'll only have an idea of the number of weak hands in our midst once trading is live.

That's pretty low, imho. Qora has 10 billion coins, Ora 50 million. For same capitalization it means 200x higher price. So about 4000 sat.
 => so I would expect a min of 1000 sat. to start with.  

If it's 50M coins, that means each person is getting around 60K each (at 811 stakeholders)? I admit I'm a bit confused, as I'm seeing different numbers being thrown around.

1000 as a starting point seems fair figuring in capitalization. 1000-4000 is very possible then. Although we need to keep in mind dumpers. Then again, NEM did quite well and seemed to avoid cheap dumps.