Not good at speculating on coin value. Too many factors involved. But I would be very satisfied if it reaches the offer that our @chrisaiki has made…
You may remember our first, historic transaction — 100 SNAX for 1 STE. We have set the first price at 0.01 STE for 1 SNAX. I cannot guess what would be a price against EOS, but if at the end, after all exchange fees between SNAX, EOS and STE we got 0.01 STE for 1 SNAX, that would be a great start. Then, I can suggest possible graph of SNAX value:
Doesn’t look good, is it? Let me explain. This is a usual graph of any new currency. Everything starts with high hopes, and in this period, when the volume is still small, it is most susceptible to “pump-n-dump” schemes. It is relatively easy for the big fish (say Whales?) to monetize their initial quantity at the best price, and then let it drop. What will happen then?
Bottom low price is a time of cleansing. Speculators are gone, and we then have only those who believe that SNAX is a good idea, those who care, and those who know programming. Then the creation of true community is starting…
But don’t dream it will ever be close to the value of Bitcoin. They are not made to the same use.
https://snax.one/steem/lighteye
Comment as you see fit!
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Linked posts:
Q27 — Name Two Movies That Really Changed Your Life (Hopefully For The Better)
Q26 — Do You Even Exercise, Bro?
Q25 — What’s You Writing ROI?
Q24 — Do You Know What It Takes To Be “Your Own Bank”?
Q23 — What It Would Take To Build A P2P STEEM/SNAX Exchange?
Q22 — What Would You Do As A SNAX Block Producer?
Q21 — Do You Have A Crypto Portfolio? If Yes, Do You Manage It? How?
Q20 — Being An Early Adopter In Crypto Guarantees High Returns?
Q19 — What's The Most Profitable Scoring Round You Had So Far In SNAX?
Q18 — Do You Intend To Launch Your Own Token On SNAX? If Not, What Kind Of Tokens Do You See Launched On This Blockchain?
Q17 — Name At Least Three Steemians Who Are Not Already On SNAX, But Should Be There
Q16 — What Should Be The Price Of A Beer In SNAX?
Q15 — What Are The Next 3 Most Important Social Networks / Web Services Where SNAX Can Be Added?
Q14 — How Many People In Your Social Circle Know About SNAX? How About STEEM?
Q13 — Where Do You See The SNAX Ecosystem In 6 months? 1 Year And 3 Years? Why?
Q12 — Loosely Coupled Rewards Pool Or Strongly Coupled Rewards Pool?
Q11 — How Do You Interact With The SNAX Blockchain: The Chrome Extension? Snax Voter? Command Line? Other?
Q10 — What’s The Liquid / Staking Proportion In Your SNAX portfolio?
Q09 — What Will Make A SNAX Block Producer Worthy Of Your Vote? Or A STEEM Witness?
Q08 — Do You Vote For Block Producers In the SNAX Ecosystem? How About Witnesses In The Steemit Ecosystem? If So, For How Many / How Often?
Q07 — Do You Write For Other Blockchain-based Platforms? If Yes, Can You Try To Rank Them Based On The ROI On Each Of Them?
Q06 — What Are The 3 Most Plausible Use Cases For The SNAX token?
Q05 — What Are The Most Plausible dApps You See Developed On The SNAX Blockchain?
Q04 — Where Do You See The Price Of SNAX In 6 Months, 1 Year And 3 Years? Why?
Q03 — What Do You Think About The SNAX Reward Algorithm?
Q02 — What Was The Most Difficult Part In Linking Your Account With SNAX And How Could This Process Be Improved?
Q01 — When did you first hear about SNAX and in what context?
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