Who else will be /goingallin/ on STATUS here?
not all in but ill put an eth or two towards it.
so, let's say that there are around 1.4b-1.6b SNT created. What can we assume a reasonable market cap to be? Mid-long term, and market cap at the end of the ICO.
>>2504092
Because the technology and whitepaper is definitely impressive, but the high amount of tokens compared to the buy-in price could be a bit worrying
>>2504185
Let's say 1.6tokens is the cap
I can see it hitting 6cents fairly quickly. That would put it under 100mill market cap.
>>2504487
obviously I meant 1.6 billion tokens
pretty good writeup of what to expect here
http://spec-rationality.com/2017/06/18/status-ico-analysis/
>>2504622
thanks famalam, good read
12.5m soft cap with probably a 25m hard will put it at a 60m cap
600m for a 10x
6b for a 100x
Honestly this will probably float around 150m until it hits the app stores then it'll move towards 300m
You're really gambling on both ETH remaining a powerhouse and people migrating to the app
>>2504487
When you put it that way, it's about a 200% gain
>>2504622
Good blog is this you?
>>2504185
Why does a high amount of tokens matter? All that matters is the market cap
>>2504977
no, i found this browsing the status subreddit
>>2505061
because amount of tokens X token price = market cap
How soon is it dumpable on exchange?