Ether will be plentiful on start up - just wait to buy them: 42000 Ether will be available from mining, every day - from day 1*
In addition, 60 Millions Ethers, pre-purchased in 2014 - will be available for sale!
Will the demand meet supply, or will the supply overcome the demand and dump the price down? We will see... Personally, I just don't see a lot of smart contracts, on Day 1 of Ethereum, that will require to consume so much "fuel" or Ether - 42000 Ether/day is a lot! +60 Millions up for grabs.
My recommendation: wait until Ethereum comes out, wait at least a couple of weeks after the initial exchange listing, and then buy them - but only if you intend to do/use smart contracts - Ether is just fuel... Would you speculate on the price of fuel? If yes, then buy some more!
*As per Ethereum specs, the first year of mining should produce 26% of the Ether raised on the Genesis block (60 millions). Therefore, there will be 60 millions x 26% divided by 365 days > 42000 Ether mined every day. If the initial "IPO" (read: "donation") value was 2000 Ether per BTC (= 0.0005 BTC/Ether), then the market would have to absorb a trading volume of at least 42000 Ether x 0.0005 BTC = 21 BTC per day. Plus, a portion of the 60 millions Ethers (30000 BTC) purchased 6-9 months prior to the first day of mining... when BTC was worth $600... do the math, and Happy trading!
In addition, 60 Millions Ethers, pre-purchased in 2014 - will be available for sale!
Will the demand meet supply, or will the supply overcome the demand and dump the price down? We will see... Personally, I just don't see a lot of smart contracts, on Day 1 of Ethereum, that will require to consume so much "fuel" or Ether - 42000 Ether/day is a lot! +60 Millions up for grabs.
My recommendation: wait until Ethereum comes out, wait at least a couple of weeks after the initial exchange listing, and then buy them - but only if you intend to do/use smart contracts - Ether is just fuel... Would you speculate on the price of fuel? If yes, then buy some more!
*As per Ethereum specs, the first year of mining should produce 26% of the Ether raised on the Genesis block (60 millions). Therefore, there will be 60 millions x 26% divided by 365 days > 42000 Ether mined every day. If the initial "IPO" (read: "donation") value was 2000 Ether per BTC (= 0.0005 BTC/Ether), then the market would have to absorb a trading volume of at least 42000 Ether x 0.0005 BTC = 21 BTC per day. Plus, a portion of the 60 millions Ethers (30000 BTC) purchased 6-9 months prior to the first day of mining... when BTC was worth $600... do the math, and Happy trading!
LTC - A complete useless altcoin - 54,000,000 marketcap
PayCoin - Such a bad joke on greedy people - 46,000,000 marketcap
Ethereum - ~6,600,000 marketcap
nuff said
