Just did a market depth analysis on CRD for the AllCrypt exchange (currently the largest CRD exchange).
Right now, all CRD offered for sale total BTC5.7086. That is, if you spent BTC5.7086, you'd buy all the CRD currently available on the market right now (leaving not more sell orders on the books).
Doing so would raise the price to BTC0.00999999 per Credit, giving Credits a market cap value of:
BTC572,545.76 (approx. $200,400,000). [this is calculated using the current amount of coins posted on front of this thread (57254633.7 CRD)]
Right now the Credit market cap is:
BTC8.588195055 (approx. $3,000).
Is this a sign to buy or sell Credits? Let me know
I think there needs to be more info from the devs to make that decision. I have a pile of CRD that is my wallet, and I am sure there are many like myself..
Yeah I feel ya. I'm holding a pile of 100,000 CRD right now, hoping for it to at least hit 0.0001 before I sell. How many you holding (if you dont mind me asking)?