Yesterday when I offered around 16k sats per XEL I got 6 offers and due to that I raised it to 18k and most where happy to do the trade. Today I am seeing quite a few people wanting to buy around 20k.
I am selling 5-8k as I want to keep a few XEL for myself. I am selling at 22k sats each. PM if interested.
I think below 20k XEL is undervalued but above 25k is overvalued. That's why I am going with a price in between.
I was about to transfer some BTC to the Heat exchange and put in an order around that price, but I'm just afraid this project might've gotten over-hyped by the little Bitcointalk OTC bubble. 25k would put the valuation at $41m, which means it would leapfrog GridCoin without being on a single big exchange...
I'm afraid once it gets listed on a bigger exchange like Bittrex or Polo people might shy away from that valuation and the price could dip to 5k-10k.
IIRC, these prices are already
40x the ICO price.
I'm not into this tech stuff, but most of the people think that XEL is more advanced platform than Golem, that's why most of the buyers and the twitter accounts with lots of followers are buiyng and talking about it.
People holding XEL think XEL is more advanced than Golem. The reality is that Golem is meant to do
everything. It will support custom applications just like XEL, but all the delusional people in this thread seem to think only XEL can do that.
I also noticed PandaWhale mentioned XEL on Twitter, but in the same Tweet he said it may already be overvalued.
Golem seems to be aiming for a much broader market, and it took them years just to break $10m valuation. People are already selling XEL at $40m+ valuation.
Edit: Just read that XEL was basically abandoned by its original creator (Lannister), and someone named EK volunteered to take over but most likely won't stick around after launch. The more I read about XEL, the more ridiculous the current prices seem and the more I think it will plummet once it hits a real exchange.
Wait, is EK Evil-Knievel? Hahaha oh boy...