I don't understand that market....who would buy BRX at the ICO price of 0.0006667 BTC and sell 1646 BRX at 0.00000040 BTC? That is an enormous loss. For that matter who would sell for any less than the purchase price? I knew I should have waited for the market to open to make my purchase instead buying at the ICO at the last minute. I guess I'm a HODLER now....getting my stake on I guess. I never intended to sell anyway....just wish I'd have waited so that I could've gotten more bang for my dollar. Price went the opposite way of my reasoning....AGAIN! Always opposite--no matter how hard I reason the possible outcomes through.
It was quite ez to understand the low value BRX launch, was basically guarunteed... But, remember, There is currently no use for Brk but in a month, there will be a demand. Once brk gets off the floor, then attention should turn to brx.
Also remember, BRX has no inflation, a fixed stake reward (
for those like me who like raping stake) and a whole ton got burned.
with alittle simple math: ~6.5 million BRX will stake all 800k brk in the next year. With a guess that atleast 1mil will be on exchange, and others that don't understand coin control will simply have large sums Un-mature... Im assuming the average will be 1brk per 4 brx annually, but I'm looking for a much much higher rate.
It's a good buy. Don't worry
, I am sure if you sit tight, all will work it self out. Since everyone paid the same high price, only the panic sellers are dumping, if everyone holds it will rise.
