the pool is over saturated...
There’s $804412.3375 worth of ORN and only $50000 worth of VR. every $1 ORN will get ~$0.06 of VR
This is 50k is based on 2mii mcap. It will rise fast..
Mate is 80 of orn that is like 640k
95k ORN -> 823k USD
I can’t comprehend how this is a good opportunity. You are starting off in the hole on a crapshoot new project.
Exactly. Its not that the investment is bad, but the pricing mechanism starts everyone in the hole. It forces IDO investors to "buy at the top" until further notice. We are creating the ATH and that's our entry price.
Well I guess the silver lining is that about 12K ORN is getting burned.
Yea my bad.. you’re right. Had a brain fart
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