CLAM is cheap
Are you sure you're being honest with yourself here?
Last trade price of CLAM on polo is 0.0028. That's about $1.04 per CLAM, which means just-dice already has almost $70k invested.
At what point does it become too big?
That's a good question.
I'm hoping the vast un-tapped pool of undug CLAMs will balance this out.
There are ~300k CLAMs in circulation, and ~15 million sitting idle, waiting for BTC/LTC/DOGE users to claim them.
I was expecting enough of that 15 million to become active that it would fill the demand and keep the price from rising too much. And hopefully it still will.
Today they don't fill the demand, it is trading at 0.0041/CLAM which makes you question where is the equilibrium price.
There is probably one site that has hundreds of thousands of CLAM and will wake up to this. Some sites may have withdraw the balances of the BTC addresses that had CLAM then destroyed the useless priv keys.