I won't be surprised if i see 100 sats today. Onces there is a movement up, then it can move fast, very fast.
100 sat is too ambitious , nobody wants to end up like a bagholder , people are very cautious when there are more ICO coins then POW coins
Don't you think? That is why we introduce PSP. What if PSP can generate 1 BTC every month? Our market value was only 15 BTC before the little jump. That means that a lot of money will get in the market and push the price higher. The success of ROS is linked to the success of PSP, that is why i already asked everybody to look around and contact site owners if they are interested in joining PSP, more sites, more revenue, more profit.
I don`t know how this PSP will make the price go up
you said that 10% of the profit goes to the PSP , what about the 90% ,
if these merchants earn 10BTC per month , 1BTC goes to the PSP , and 9Btc worth of roscoin is being dumped every month
so they dump 9btc and you buy off 1btc worth of roscoin , so other people have to buy those 9btc in order to maintain the price
Sync coin did profit share , after the initial hype people realized that it wont do any diffrence in the long run so they dumped their coins
For Example: You buy something at Bitscoinshop.com. That cost 10 BTC, the agreement with Bitscoinshop is that 10% of the purchase will go to PSP. So that means that 9 BTC of the purchase is of course for Bitscoinshop (as they sold the product) and 1 BTC will come to PSP.
The plan is that people BUY products on Bitscoinshop.com using BTCs, then there is no dumping of 9 BTC (in ROSCOINs). It is more a marketing deal, we will promote Bitscoinshop to increase their number of purchases, it doesn't need to be in ROSCOIN, if people want to buy it in BTC then it is a lot better.
But SYNC profit share at the moment is not generating enough BTCs on a monthly basic, in fact it is basically dead. PSP will be something that i will spend 8 hours per day on to add new sites, to make sure that people are buying etc. With just saying there is a PSP and don't work for it, then it indeed doesn't make any different, and that is where SYNC went wrong, they launch it, but they didn't put enough effort in it. At least that is my opinion.