it's been speculated large whales are trying to keep prices down until the arch release so that they can keep accumulating. I hope they keep succeeding for a few months so I can accumulate as well, I'm targetting 50K Sonm by august next year
Do you mean ~3$ by 50k by the way?
Exactly, we see that often with ICO's. No, I meant an amount of 50.000 sonm. I think by august it could be around 1 - 2$, by december 2018 around 3$, by december 2020 between 10 - 20$ as a result of global hardware development in the form of laptops capable of supercomputing
$20 by the end of 2020 seems a bit extreme, but on the other hand there already were some coins that had such big returns... so who knows.