Looks like another user just confirmed your confirmation bias premise, pun intended
Why do you say it will go to 1 satoshi though? I mean, even PENG is at 3 satoshi. MINT is a bit better than that...
I don't truly think it would go to 1 Satoshi. I think a floor of around 5-7 satoshi would be as low as people would let it go after such a good run up and publicity. 10 Satoshi is also a very important number in human psychology and many will probably have huge orders in this area. So you may see a solid bounce back if it gets near 10-12 Satoshi range. I just used the 1 satoshi as an example to ask if acceptance2 would still be so enthralled with his 'community actions' and still be able to ignore the price/trading aspect of crypto-currency if it reached 1 satoshi. I think everyone here knows the answer to that. He would be gone and anyone but spammers would be gone, so I find it patronizing to act like speaking about trading fundamentals and price is 'below' MintCoin Investors.
I still have a token amount of MintCoins I plan on holding forever. So like it or not I guess I am a part of this community. If my tone or style of speech is offensive, I apologize as that is not my intent. I just wanted a chance to share my thoughts and hopefully help others to think about this from a bigger picture perspective. My aim is to be a positive influence, not a negative one, but I also do not fear bringing up painful subjects or lines of inquiry if I think it serves a purpose.
It is a little too easy to get caught up in the day to day price fluctuations and lose sight of the long-term opportunity that crypto-currency represents. Sometimes you have to take a step back, take a deep breath, gather your thoughts and come up with a long-term plan for succeeding with crypto. The constant price action and volatile swings indeed make it very hard to 'see the forest for the trees' for many.
My basic strategy is to trade around a core position of whatever coins I am bullish on. I lighten up my position by selling and offering out on days/weeks when the price is skyrocketing and I can see big volume coming in to buy many coins. I do this with the plan of buying back lower when panic hits, when negativity is pervasive on the message board and the community, and then re-purchase even more coins for my long-term position.
It is never a terrible thing to sell coins if you are a little nervous about how fast a crpyto reached a certain level of satoshi. Remember you can always buy back in whether or not the price is higher or lower. It can be very refreshing to sit back in BTC for a few days and re-evaluate your strategy and decisions with the foggyness of emotion withdrawn from the situation. Emotion is the killer of profits, and the #1 enemy for successful trading. Emotion is what makes the average investor 'Buy Tops & Sell Bottoms'. It is human nature to want to buy something when everyone and their dog is talking about it and the price action is wonderful. How could you lose? Meanwhile when everything is negative, there is bad news in the mainstream media, the price action is atrocious, etc., it is much easier to sell to stop the emotional damage.
MintCoin at sub 20 satoshi is not necessarily a bad buying point. I mean if you have enough BTC then you can stagger orders at 15 12 10 8 & 5 satoshi all the way down to 0 in greater quantity and almost assure you will obtain a good 'average' price for your MintCoin holdings. I do not intend to bash this coin, (as I do like it somewhat long-term like I said before), and I plan on buying more in the future.
I just wanted to share my thoughts and I welcome thoughtful criticism and suggestions. You can just 'ignore me' if you find that easiest for your conscience, but I believe that by working together and sharing our thoughts together as a 'true' community we can all make more money by incorporating 'mental synergy'.
I believe there are many millions to be made in trading and investing in crypto-currency, and that this movement could end up being an Internet 2.0 type of event if things work out just right.