x10 would mean $20
ICO price was 0.4$ (in first day)
He's right, if it went 10x current btc value it would be about $20/ea.
ICO price was 0.4$ or 0.00016667 BTC. Let's calc.
0.00016667 * $4700 (current price BTC) + 65697.131 BCH (BTC raised) * $593.43 (current price BCH) / 607,563,784.594 XTZ (total Tezzies from ICO) =
$0.85It's a minimum price at wich investors do not lose their money (at moment).
I think we will not see XTZ cheaper 1 bucks.
This is very optimistic in my opinion.... The market price is not determined by the investors who are holding the XTZ... The price is determined by the buyers.
If XTZ won't show anything interesting or anything new or improved, the buyers won't be interested to pay anything extra and the ICO investors could be happy if they break even.. This is the same with most of the hyped ICOs such as BNT or BAT.
It's true. I will try to be clear.
I participated in ICO and I will be happy to buy more XTZ cheaper 1 bucks after listing on one of large exchange.
I'm a buyer in this case. This coin has not much bonuses and there are no bounty campaign. Who will sell their coins for x2 in fiat? We all see success of others infrastructure project (like NEM), which have crazy ROI. Just check
fundraiser statistic and you will see who is who (most of coins in hands of whales, which not interested +100% fiat profit).
We all see problems of Ethereum and consensus of Tezos have opportunity to solve it.
BNT and BAT do not have code, which developed since 2014 year. This projects from other weight class (not infrastructure).
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