The number of miners is also impressive and has consistently grown since a few weeks. Maybe an effect of the DOGE crashing and LTC asics starting to show up as well. Nothing comes for free in this world
Anyway congrats to everyone for this: I know we're onto something here.
However, the clock is ticking because we have to raise over the next weeks. I'm not saying this will have to be impressive like a big pump, but rather that price should exhibit the marks of a _sane_ organic growth, as in more people come in and buy. If we can get 0.00005 or more per month that will be enough and more solid than doubling in one day. This or we might face impatients who will want out of the game and make a negative impact on the prices.
We do not need to be fast, we need to be consistent and attract people around because they see UTC as an investment.
When this happens I have little doubts that big exchanges will follow.
So let's not focus onto getting on another big exchange too fast. We have cryptsy that really is good and that at the time being has the same volume than mintpal, whereas crypto-trade remains the unchallenged 800 pounds gorilla with more volume than all the other exchanges combined.
This shows that we reached a bottleneck. In effect cryptsy is the biggest echange and until it reaches and exceed CT volume we know that trying to list UTC on a bigger exchange is not necessary and could even be counter productive for it might lead to a disappointment for both us as well as the exchange. Until cryptsy becomes the biggest UTC exchange we have time to grow.
What to conclude?
- Marketing is our issue. It's not a problem because so far we did well. It is something we have to drive to a higher level.
We have to get better exposure, but also vendor acceptance.
o Exposure will come little by little, we should not make too much noise at once because this will lead to a straw fire.
o Vendor acceptance is critical: if we can get even a very small share of some e-commerce, doesn't even need to be global, then we can consider that we are on a good track.
To sum up: Let's carry on growing safely and consistently. We should not try to go faster than all the other coins, rather exhibit our ability to be an excellent investment, if possible on of the best around.
Growth should always start slowly. Growth comes from normal people, not whales.
So we have to start trying to get popular.
You are right. The most important is we need time because it's not working without enough $ supply.
Even with decent vendor support, the price will fluctuate too much if there's no enough coin mined.