Current price is $7 per PTS
Current supply is 752,000 http://btsblock.com/chain/ProtoShares
Current market cap: $5.2 million.
Both overvalued. Current supply is 752,000 http://btsblock.com/chain/ProtoShares
Current market cap: $5.2 million.
pretty steady at $10.92 - http://www.btc38.com/trade.html?btc38_trade_coin_name=pts
It doesn't cost $11 to mine 1 ProtoShare, regardless of how hard it has become at the current difficulty, it's only 11 days old with 3/8 of it's supply already mined most of which was done at low difficulty over a couple of days of what the developer wanted to be weeks. It's Also been manipulated on the exchange to drive the price up so some of the early miners and buyers can cash out for a much higher value than it cost them too acquire in the first place.
I disagree - in principal
true the difficulty had to be raised but , to be honest the whole "Bitshare" idea in its self was not well received , so there would have been zero expectation of the sort of reception PTS has received.
but the PoW and the new Blockchain algorithm kind of changed that , so the market was "caught off guard ",
then the follow though , was the way in which it has seemed to be received in China and some of the clarifications around the principals of a DAC.
i believe the price is as it is because people expect that it will be much higher as these principals further develop .
having said that , more exchanges would help price discovery .
and more pools would help more people acquire it .
I wish I could disagree facts on principal of financial principals, but the reality is this isn't the first coin to do a new algorithm (badly might I add, from what others have done with miners going up 100s of percent, I'd would say the original implementation was either deliberately bad/sloppy or just rushed), be released first too a Chinese exchange, or too have an insanely unrealistic price evaluation early in it's life. I guess some people just have more money than sense, and just want too speculate on a factious value, gotta love free markets, right?
Bitcoin.
To sell it at 0.01BTC will not be difficult now. How about sell a half and keep the other half to see what will happen? Then you will get 0.25 BTC in the worst case, and don't need to regret too much in the best case. 
