New exchanges shouldn't be needed, we need savvy investors not retarded day trading. If we earn 255 a day from staking why the idiots dumping on the sell side @50% a day don'\t use their calculator and do simple maths? If you wanna dump dump and make sure we hit less than 255 a day drop in price, for heaven's sake use your brains..
Unfortunately, due to the level of maturity of many crypto investors, that isn't going to happen.
For now, 10k seems fine and appears to be doing well as an experiment. The high POS seems to have worked well for the coins distribution, but will inevitably mean a drop in the price over time. For the time being, this is addressed by the compounding interest, which is fine. However, the PA suggests that with the ever growing increase in supply, it will continue to fall, until such a time as it hits 1 sat and no one can sell (unless I am missing something here).
I'm not convinced that a multipool, or artificially trying to hold up the price is necessarily the answer.
I'd suggest that people need an incentive to hold, which means an idea of plans for the future. I'm not clear about the finer details of the experiment, but once the results are obtained, given the popularity of 10k, and taking into account how well distributed the coin is, I wonder if some kind of coin consolidation with a lower POS could be the answer to securing a future for 10k? For example, a 10:1 coin swap with xxx% POS.
For now though, i'm happy to hold.
I appreciate your input as its valuable.
i must admit alot can be learned by
listening more.
As many of us is not convinced
that a multipool nor trying to
artificially hold up the price is the
answer..
Its the resolution to the solution!
By looking at this from a backward
perpective adoption could possibility
come as a result of the multipool.
its About attracting attention how else
other than marketing/advertising do
you get people to invest in 1oK?
You gotta create the enviroment that which attractsAs the multipool aggressively works on behalf of
The community and as long as 1oK can
remain profitable for investors, who in their
minds would walk away from a real opportunity lik this?
If You can find another coin with a system on the backend that feed the market for your benefit,
let me know immediately?
What investor would waste time chasing
another decaying altcoin if he/she knows
there is a multipool workin contributing to the
overall market their invested in.
that could be a win win situation
how can it get any better than this!
The importance of the multipool is simply
to help stablize 1oK and supplement
the growing market all while investors rejoice cheerfully,
why shouldnt you?
P2P360
I think you've got the wrong end of the stick! The multipool is great, I was merely counteracting the importance that some have placed on it in holding up the price.
I am a little unclear as to the future of this "experiment" and would either like to hear more from IGS or the community.
I would say that 10k is the most exciting coin I have been in, and I hope it continues for a long time.