You know how dangerous it is to spend a lot of money on a coin that's less than 30 days old?
There is no way at all to tell the real demand or value.
I'll give an example DOGE even was at 40 when it first went to exchange. It was still 40 several weeks later.
But went as low at 24. That was DOGE.
Imagine paying what you pay now for this and in 2 weeks it drops to 5 satoshi. Then goes up later to where it
is now. When should you have bought? Not now ....heh.
And how many coins are there outstanding?
http://cryptexplorer.com/chain/LeafCoin![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
??
5 billion already? Going up 720 million per day. The block halving means nothing.
Even after that halving there will be 7% more coins per day. That will wreck the value until
it gets down to way lower. At 720 million per day its 14% more coins per day.
I just did the math.. you guys are paying nearly a 1 million dollar market cap for a coin that will have 2x as many coins in a week.
Do you think the price will drop by half or do you think the cap will go up to 2 million? MEOW is at 2 million. Think about it.
Wow.. be careful guys.