a simple calculation..
multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)
multipool usually pays ~0.0035/Mh/Day
the official multipool has around 150Mh
that will be 0.525BTC
which can buy out all sell order in bittrex(it doesn't show all)
or buy up to 0.57 at poloniex.....
buy while it still cheap
after the multipool start to buy, the price should be stand above 0.5 easily
which is a 25% up from the current price(0.4)
Not sure how others feel about this idea but I think they would be up for it!
What if out of that you added a 1% "fee" that acted as a stabilizer, ex 0.525BTC x 0.01 = 0.00525
0.00525 / 1000 (total number of Sync) = 0.00000525 Sats as the first day floor (If everybody wanted to sell everything after 1st day of POW ending that would be a minimum price)
Next day if it was the same amount of btc was made the order would be bumped up to 0.00001050 and so on and so on to create a rising floor that would forever preserve the value of SYNC. As it has such a tiny mintage this could be done relatively quickly and would ensure are beloved Sync truly acts as a store of value, benefiting not just the miners but everybody in the community!
