Strongly considering putting a BTC or two into this coin's IPO but I am wondering
With only 50mm coins being offered out of 2B that's only 2.5% of the total and anything invested at this point would make the market cap unsustainably huge especially after mining starts. I feel like I could mine a heck of a lot more within the first week than what I would get putting a BTC on this. Please let me know your thought process, I really want in.
The idea behind the whole process:
We'll set a price for H2O, when we get it on the markets. By dividing the total amount of the BTC we've received and divide by the total of 49 mm.
That's why we didn't put a price on H2O, because it's "impossible" to control the market's price after the launch ( except if you have A LOT of BTC )
KGW + Adaptive-N Will do their work, so it wont be that easy to "mine a heck of a lot more within the first week"
That's the IPO. You always take a risk. That's why I advise everyone take a look in the whole meaning of the word "IPO"
Thanks for your concern, I'm glad you came with such a strong question!