~13.6 billion

More like 40 days with compound interest. Just use coin control and combine your inputs.

As for the past 51 days the price for sprouts has been 2.11240414 satoshis per sprout and is moving slower and slower towards the 1 sat price. My calculations are telling me, we might reach 1 sat price in 120 days or so.

That said, I believe the rate at which we keep approaching the 1 sat price will get slower even more, so I wouldn't be surprised us to see the market staying vivid and staying well above 1 sat price even in 4 months from now. I would guess we will be somewhere in the range of 1.50 to 1.75.

So definetely worth a buy still.

Lately the market action has been this: several days of stagnant volume and then some mediocre volume in a single day. Doesn't mean the market is dead, if any big sellouts where to happen soon, the market would bounce back pretty quickly.

The ratio of buyers to sellers is 55 vs 45, which is good.

Gotta love the trading genius who first bought 289million sprouts at 3 sat, just to dump it all at 2 sat over a period of 11 days.
Resulting to a loss of 2.89 bitcoins.

On top of that he did not even stake. If he had, he would've lost only 2.54btc. Obviously he had no idea what he was doing.

 

From my perspective we are firmly in the 2-3sat price range. Market doesn't seem to want to sell at 1sat, which is interesting. I predict we will get those 2sat left overs (0.86btc) bought soon on the ask side of the order book. After that I expect to see a 2sat bid wall to appear again. Once the bid wall has formed we will probably get to see some 2sat sells and 3sat buys.

But at which volume? I have no idea. But I'm confident we'll get back on the healthy state of more buys than sells, which actually has been the case for past 40 days, btc wise.

Even now 0.05btc worth of sprouts could be sold more a day and the sells and buys would still be in 50/50 balance btc wise. Gotta tip my hat to the big holders, they are playing smart.

Despite the coin is hyper inflating, it doesn't seem to matter, since the real value of the coin is zero and we all know it. Instead of dumping huge sprout holdings and checking out of the game of sprout gamble, big holders seem to avoid selling when 1 sat price is the only price at the bid side of the order book. Weak hands who have more money that they can care to lose might panic sell (and they have for marginal sums), big owner or not. These people seem to be in the minority, otherwise we would not have a 1sat bid wall.

The funny thing here which I don't think many have realized that when a coin is virtually worthless it actually has "any" value. If there wasn't the little technicality of decimals not going beyond the 8th decimal we would just keep hyper inflating, but since we do have that artificial limitation the value of sprouts will instead keep growing at the rate of the staking that takes place now. All this while dancing between 1-3sat price range for the indefinite future.

The game is over if the order book gets too ask heavy, like a 1 billion ask dump at 1sat, but who would have the incentive of doing that?

Bittrex Past 30 days:
from: 07/16/2016 05:30:22 PM
to:     08/15/2016 11:50:10 AM

buys: 729,596,810.35491700 SPRTS (18.47481400 BTC)
sells: 702,799,631.81730200 SPRTS  (13.21404881 BTC)

largest buy: 52,666,701.25500000 SPRTS (1.58000104 BTC)
largest sell: 37,166,347.66025030 SPRTS (0.99750750 BTC)

1 sat buys: 0 trades (0.00%) 0 SPRTS (0 BTC)
2 sat buys: 171 trades (44.30%) 356,573,096.00000000 SPRTS (7.13146192 BTC)
3 sat buys: 193 trades (50.00%) 358,092,066.00000000 SPRTS (10.74276198 BTC)
4 sat buys: 22 trades (5.70%) 15,014,729.25000000 SPRTS (0.60058917 BTC)
total: 386 buy trades

1 sat sells: 112 trades (21,09%) 270,449,031.00000000 SPRTS (2.70449031 BTC)
2 sat sells: 294 trades (55,37%) 246,095,864.99999900 SPRTS (4.92191730 BTC)
3 sat sells: 125 trades (23,54%) 186,254,664.33333300 SPRTS (5.58763993 BTC)
4 sat sells:   0 trades (0,00%) (0 BTC)
total: 531 sell trades