So I’ve really enjoyed what ICP could become and have moved some of my meager investments over to purchasing ICP Tokens for Stake rewards… however I can’t help but to wonder where the price per token will bottom out.
What are Y 'all’s thoughts on the token cost and if investor confidence is simply not established yet, or if people are intentionally driving the token price down ?
What would be the impact of negative return for the node operators in the event the cost of creating the cycles is above what the cost of the token is? Simply have them stop providing cycles till demand picks back up while the current supply dwindles thus raising the price ?
Wonder if their is an active list to track how many of the total supply are in rotation now, and of those how many are actively being bought/traded. We can see the Trade history on the mainnet chain but that doesn’t really show the broader aspects.