Any thought to the idea that this coin has been pumped by the ASIC miners so they can get some profit from it?
Only thing mining it is ASICs right now.
I guess I'm thinking: is it time to sell?
Enter the hashrate of a CN ASIC into the revenue estimate in the pool and consider their power usage and you will quickly notice that ASIC miners currently have way higher daily profits than GPU miners ever had previously.
Example: The Bitmain Antminer X3 is advertized as having 220kH/s at 550W. One such miner would earn 50 MSR/day today. At today's MSR price and considering the 13kWh of power used per day, this means a huge profit.
If only some of these short-lived ASIC miners are currently immediately selling their cheaply mined coins (to recover their risky investment), this means the price is currently rather suppressed by them.
With the March 1st HF they will be jobless on the Masari chain. GPU miners (3-9kH/s per 550W?) will take over again and production cost per coin will surge. Which also implies that price will surge because GPU miners will not sell as cheap as ASIC miners sell now.
Yes, I have considered that the total network hashrate will drop in 5 days but the drop in hashing efficiency per unit of electricity from ASIC to GPU will be even bigger, hence GPU miners will produce coins at higher costs than ASIC miners do today.
EDIT: Just to be clear, in case someone new to Masari is wondering. The influx of ASIC miners in the past couple of weeks did
not result in a higher daily coin emission, since the difficulty adjustment algorithm (DAA) in Masari is the best in the entire crypto space (okay, maybe Iridium IRD has a slightly better one, an even newer version of zawy's DAA). There was therefore
no instamining by ASICs like we could see in certain other CryptoNote coins which have just the very poor original/outdated DAA. A powerful and responsive DAA like in Masari means that the coin emission curve is enforced at all times and no miner no matter how powerful can trigger a temporary hyperinflation.