what do you think about price, could onion hit 1K sat, what do you think about?
Very interesting question. Take a look at the speed of building up the community here. The price or higher should be hittable.
It will be 10 Cents at least. The total supply is 21Million. Someone who was renting hash a while back estimated that it cost him 8-10 cents per onion. I can't see anyone with common sense dumping their airdrop for pennies like that. The coin has a low supply, this isn't one of those coins with 1 billion tokens in circulation.
All these analysis are great but will this work in the actual sense because there are other price determinant forces that shall have both positive and negative effect on the price of Onions, i shall also appreciate to sell mine for $0.8 each.
In the market there are two fools, one sells, the other buys
If it is serious, many factors are priced in the market.
Who is the very first to receive coins on the stock exchange and who will fix the price, will put 0.01btc, and the price will decrease from 0.01btc, you will become 0.000001btc, and the price will decrease From 0.000001btc.
So there must be support for developers or interested investors who they could redeem for the first time coins when there are first days of sales.
And it all depends on how much they can invest!
P.s. If I'm alone in the market I will put a price of 0.1, and will buy! But it does not happen, those who have no patience will come. People do not have the patience to build a business in three years, but there is the patience to go to work for 30 years.
