Isn't 518 satoshi way too cheap?
I mean there will only be 40 million coins after 6 months.
I mean there will only be 40 million coins after 6 months.
You got people on both sides. Some think it's too high and some too low. It all depends on how you factor in the presale numbers. If you assume most presale buyers hold and there is high demand then the price shoots up to encourage presale buyers to sell and miners to dump to meet the demand. If there are more people looking to sell and take their profit then price goes down and could come close to presale price.
But looking at just mining numbers then yeah, first 6 months of mining at 518 sat is only 171btc worth. Hardly enough for all the buyers out there. So price should shoot up if presale buyers hold.