Quote from: pkobse on August 17, 2014, 03:44:41 AM

Quote from: sidhujag on August 17, 2014, 03:42:09 AM

Quote from: pkobse on August 17, 2014, 03:37:36 AM

Quote from: Thomas-s on August 17, 2014, 03:24:34 AM

See you guys at 10k in a week. Cool

LOL. With 2billion coins and 15% premine already in circulation. LOL.

This will be quick dump on bittrex.

Not worth to mine 15% = 300 000 000 coins already out and ready to dump.

With over 500 btc volume per day for a new alt that is in demand for 30 days how many times do you think that 300 mill will change hands and what % of that will be kept in cold storage until it rises to a crazy heights that will allow people to retire?

Also factoring in the fact that the devs said they will not sell, and also use a buy wall so that anyone who wants to sell for original price can bodes well for the price and confidence... It simply is not the case here what you are suggesting.

All coins with billions of supply finish in satoshis, this will as well.
Coins with supply in couple of millions are worth mostly couple hundred satoshis, if.

But billions of coins over how many years? You have to look at the reward schedule.. it was ammended to reflect community demands, and that will reflect in price.