As everyone could see, last week was bringing some more investments in BTL, as someone was buying even more from the bittrex exchange, increasing the price by 1500 %, from 12 satoshi to almost 200 satoshi. The price was going down again to 100 satoshi and increased again to 170 now reaching some stable value of 100 satoshi. This is still 800 % of initial value of 12 satoshi.
This is just a small investment in a longer chain of buy-in's of various investors that know us and they believed in BitLeu since the day it was starting. We are almost 6 months from the start of this coin and everyone can observe that we are not disappearing or abandoning the coin. We still keep our long term plans and we expect to reach very high after a maximum of two years or even earlier.
I think that everyone participating in this coin should be aware that as of now there are only 36 000 BTL issued each day, so the supply is limited unlike before block reward change. We, the development team of BitLeu, still believe that an ethnic coin with projects behind can be sustainable and reach high values, especially to the community that will be surrounding it.
One of our future plans is to extend also to the Republic of Moldova, as Leu is also their national coin. We consider them Romanian also and we will not make any difference between them and us.
I would kindly ask everyone involved to stay with us because we have no intention to abandon the project. As of now most of the cheap BTL was eliminated from the market and the next step is to work on increasing a lot it's value.