What's with the $0.49 price that was set by devs? Was that just some arbitrary value?
From the chicagotribune:
"Before the broad launch, Company 0 (that's "zero") released nearly 2 million Decreds, giving half to early backers and keeping the rest. Yocom-Piatt said the company set the initial value at 49 cents, an amount set in order to cover the costs of development since early 2014. That worked out to about $415,000 worth of Decred that went to the developers who built the new currency without pay. "
Probably just wishful thinking or trying to encourage a "group think" type price bottom for the initial dump over the first couple weeks or so. I think we have a long way to go before the bottom, but once we are there and price stables I predict some serious volume on this coin.