Hashrate at 8 GHZ a moment ago, now on a slide down as the difficulty drops.
About 50 million will exist in 10 weeks, then it is just PoS.
With the reward increasing every 10,000 blocks of POW, I expect more competition and a higher hashrate.
In terms of price, it was listed on novaexchange for a reason.
If it proves unpopular in bitcoin markets, it has several other markets to investigate.
If somebody takes control of the network and coins, however, that person will be able to set the price in satoshi.
My guess is it will be between 5 - 10 sats on average for the next few weeks.
After 100,000 blocks (10 weeks), I predict around 10 - 25 sats.
On the other hand, it can go low, which means it can play with Espers, Doge, Litecoin et al.
The POW and POS rewards, the length of POW/POS at 100,000, and POS afterwards is an optimum for a crowded market.
It might initially seem like there are unlimited coins, but in 10 weeks it will not.
There will be at most 5,000,000 staked (most coins never get staked) in a year.
So the period becomes stable, or at least offers a chance to mine POS and get modest rewards.
I could have made it 1 sat a block, but somehow I do not think it would make people desperate for ownership.
NB: To yavuzc78, I gave you every chance to be civil, but you just abused that. So whatever you post will eventually get deleted from now on.
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