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Topic: I believe we are here: Beginning Feb 2012 (Read 839 times)

hero member
Activity: 728
Merit: 500
September 19, 2014, 08:38:01 AM
#1
"Fair price" = just a name for Estimated on-chain USD transaction volume / 200000.



So we are witnessing the equivalent of the drop from 7.5 USD to 4.5 USD.
Therefore, as it stands, I believe the real bottom is below 300 and above 200. As it stands now there is no chance it can stay below 250 for more than a day. Unless the USD transaction volume also drops in the next few weeks.

On a more facetious tone... maybe we are here:
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