That's not a bad idea, we will consider this after the first cash outs.. We have been doing our best to support the price but as you can see there are a few elements trying hard to constantly keep the coin under ICO price. We will see how to remedy this as we want to reward bagholders and not those who are trying to constantly jeopardize the coin only for their own gain. If we get more buy support from others also it will benefit bagholders as well because we would be making more profits, driving the price down always is only lessening the bagholder pot from trading account associated with the stability fund.
. We alone trying to artificially drive up the price by constantly running up the sell walls by those who are pushing them down isn't the solution as they continue to use this method hoping we buy from them at the highest prices shrinking our fund. We will be looking to get the coin in the next couple of months into at least one more exchange if possible to provide more liquidity for the coin or we may even do a buy back scheme.
. We will also add more funds to passive investments which will give us more time to focus on growing the coin in a healthy way. Our primary goal though in the next few months to try to acquire more solid assets for the coin to be backed, then I believe the price would improve as well. We will discuss with out team what multiple strategies we need to put in place. This month has been our first in action and also I emigrated which took a lot of my time away so now I will be settled this week I can devote more time to our project.
Well, I don't follow the trollbox very closely (it tends to just annoy me), so don't know what the driving force is behind the current price. I just assumed it was a sell-off after the recent price rise.
I do agree that you probably should use the stability fund/buy back stuff somewhat carefully, although on the bright side it wouldn't take a whole lot to get the coin back to 25-30. Which was sort of the reasoning behind the suggestions I made, as so long as the sell side of the order book is so sparse, price movement up isn't very difficult. It may also give an incentive for folks to buy more coin for some sort of semi-founder status, as to be honest, 10K is out of reach for most people, and especially so since not many coins are even being sold right now. But if you also had something like 2.5K/5K levels, it's much more doable. Something to keep in mind, anyway.
And yeah, another exchange could possibly help with volume. I think bittrex is doing some anti-bot stuff soon too, which ideally poloniex would implement as well. Bots are evil...