WTB 4500 ITZ for 0.11
Thanks
Are people still selling at this price? 2444 sats per ITZ? Hope you were able to grab some, it's a good deal.
Don't forget what I said earlier about
http://masternodes.pro/ and VIVO, all of the successful masternode projects have market caps over $450k, even within a few months of launch. ITZ Masternodes will start generating returns at block 20,000, which is about 2 weeks away (roughly 960 blocks/day, and explorer shows we're near block 8250 right now). At block 20k, there will be 20k*23 = 460k mined ITZ, plus the 460k premine = 920k ITZ supply.
With a $450k
lower bound for a
successful project, each ITZ should have a value of 49 American cents in two weeks, which is over 13000 sats. Now, there is some chance the project won't be successful, but anyone selling at 2444 sats price must think the project has less than a 20% chance of succeeding. And that's using the lower bound for this project's value, it could possibly grow to somewhere between $1 million to $3 million at the end of the year, so you must account for that positive chance too.
To anyone who thinks this coin is still worth only 2444 sats despite what I just said: I will also buy a little at a 2500 sats price. I can't buy very much right now, but PM me if you feel like selling that cheap and hopefully I can pick up a thousand or so.
Last 0.545 BTC worth of trades have average price of 14.3k sats. Looks like I my analysis was very conservative, I thought 13k sats price would be reached at block 20,000. But before block 12,000 we have passed that price. Can't wait to see what happens when masternodes are up.
