Correct me if I'm wrong:
The max. supply of this coin is 100 million coins and the starting price is 0,000145 btc which is 0,12$ - isn't this a bit overpriced??
wait until its listed at cryptsy. It will go much higher. just look at Litecoin. 80 million coins and atm 20 dollar per coin.
Sure but Litecoin has got a market cap of about 578 million $ lol!
Let's compare it for example with USD-E which is also a new coin with a maximum of 1,6 billion times. So it is 16 times more coins. The price skyrocket the last few days and is at the moment at a level of 0,000005 btc per coin.
So if we calculate 0,000005 btc * 16 (cause USD-E is 16 times more coins) we are at a price per coin of 0,00008. Do you understand now why I mean that 0,000145 btc per coin is overpriced as a starting price?
actually it started off way cheaper at other exchanges, only when it reached coinmarket.io that the price has increased a lot
same will happen when coino reach cryptsy
i think so too. just wish they'd listed it a day later so i can mine more for another day
![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
what do you expect it to be worth if it hits cryptsy?
block value= 35
this mean between 50k-100k satoshi at least
Newbie question: what does 50k-100k satoshi mean?