The price is being manipulated by a group of people. I know this for a fact.
Dont count on the price launching to its "true value" until the Market drops. IF and when the market is released you will see the true value of this coin given the Market is running fine. Dont be fooled, alot of you noobs cant see past more than a week in cryptospace cause you fools are so damn impatient and gullible always jumping ship finding the next best crypto to make a quick buck. Well, SDC is going to be the future in crypto if all goes as planned ( which is highly likely with this dev team ) AND SMART traders know this. You dont even have to be a trader, but a smart bag holder. If you have invested in SDC, tuck it away and let it sit there....LIKE OLskool Bitcoin. You will be soon scrambling to find your encryption keys and wallet.dat when the true value of SDC is reached....which IMO should be a couple times more valuable that this one coin i heard of called DASH or something..maybe Darkcoin? IDK its one of those, but all i know is SDC will easily surpass any ANON coin, and perhaps Bitcoin since one of the main purposes of Bitcoin was its anonymity which isnt too anonymous anymore.
Point being....50k Sats for SDC is a steal...even 100k Sats is stupid cheap. The price is being held down simple as that. It might even tank more cause these whales want more SDC and all you sheep just follow the crowd.
If it were me, Id be holding down the price until the market gets released, ( if it ever does ) , maybe make a simple goof with the market that causes the price of SDC to DROP aka bad news, accumulation period cause you sheep like to panic sell, then somehow the market is fixed aka good news and all you noobs coming running back to hold SDC once the price has already tripled.
Thats the way I see it.
Stop trading other cryptos. Let them die out. They are pointless.
Do the numbers. If everyone would stop trying to get rich off their own crypto and started just using one universal crypto....the price of each coin would be outrageous. But no, all you fucks like iBits, Dibbits, and all this other bullshit.