NOTE Price Analysis

[bitmeat]

So how is that even traded? For BTS on the platform?

[Tuck Fheman]

kind of sucks that the BTS network is facing some forking issues atm :(

+5%  :-\

I guess I'll trade some DarkNote.  ;)

[xeroc]

kind of sucks that the BTS network is facing some forking issues atm :(
And too bad the web wallet does not yet support market transactions .. but that might change very soon!!

[clayop]

Compared to DNS, which went up to $6 mil, NOTE may be more than doubled in the future, just my 2 cents.

[joele]

Once they presented this at the Texas Bitcoin Conference today, expect bullish trend anytime soon.

[mint chocolate chip]

"Music is the space between the notes" ~ Claude Debussy

[jaran]

....And music has not even been released yet and nobody really even knows anything about it. 

My guess is the unhappy PTS/AGS merger people are going to be the main sellers until music gets released.  So this market is probably not even close to being what it could be.

[donkeypong]

Also, bear in mind that almost no one in the world knows this is available. When it's on an external market and appearing on CMC and being marketed, then watch out!

[clayop]

I made calculations about NOTE price and market cap

- NOTE Presale Price = 350 $/BTC * 23.94 BTC / 5,000,000 NOTE = 0.0016758 $/NOTE
- Current BTS Price = 0.0065 $/BTS
- NOTE Presale Price in BTS = 0.0016758 / 0.0065 = 0.2578 BTS/NOTE
- Current NOTE Price = 0.256~0.29 BTS/NOTE
- Current NOTE Market Cap = 0.256~0.29 BTS/NOTE * 0.0065 $/BTS * 1,500,000,000 = $2,496,000 ~ 2,827,500 (Rank #15~20)

If NOTE goes up to #10, its price will be 0.72~0.83 BTS/NOTE, assuming BTS price remains the same. Yes, I'm bullish with the current price.