ANS breaking through 1 CNY and establishing this as new floor. The very long shakeout of ico #1 profit-takers and ico #2 weak hands is nearly over.
Wasn't ICO price around 30k sat?
pre-ico average:
600k CNY ÷ 10M ANS = 0.06 CNY/ANS
ico #1 average: Oct. 2015: 1 BTC = 1552 CNY:
2100 BTC ÷ 17M ANS = 0.0001235 BTC/ANS = 0.19 CNY/ANS
ico #2 average: Sept. 2016: 1 BTC = 4151 CNY:
6119.53 BTC ÷ 23M ANS = 0.00026607 BTC/ANS = 1.10 CNY/ANS
So that's why 10-12k seems to be a good floor for ANS.
Can someone explain exactly how ANC are generated, I have 10,000 ANS in my wallet,
is it somewhat like POS or do I need to be making transactions. I've made a few transactions
but no ANC have shown up ...