I was doing some thinking and GG is only going to gain value if there is a slew of people trying to mine it at the same time, otherwise there is no demand or competition for it.
Since the supply rate is basically a steady rate we can therefore assume that the more people wanting to mine GG the less each person will get in say a pool mining operation for GG.
Unless I misunderstand you, that seems to hold true for every "cryptocoin". Their value tends to correlate with mining competitiveness (though is not, of course, directly related to it, otherwise BTC would have been, much, much more expensive than even its "bubble peak" price) and the more people want to mine in a pooled setup, the less they receive
per block (but the more users a pool gets, the more blocks it has, unless it hits some scalability wall in the way pooling is implemented in a given pool for a given coin, and by far this, and not block propagation or potential for godlike blockchain size, is what most concerns me about Geist's design)
