I mentioned a point sometime ago. But the Dev did not understand the point. This is a very good project and Devs are good and work hard. The issue is that you has to respect the market. Numerous coins were extracted out every day into the market at the early stage of the project, however, unfortunately the growth of the community far cannot catch up the speed of extraction of coins because of the emission curve set in the program. It is not realistic to have so many coins extracted in the initial one and/or two years. In order to attract people into this project for the growth of the community, you have to show people what benefits are to hold these coins, not just how good in the future. No one can eat a cake that is just drew on a paper.
We fluctuate between 3, 4, 5, 6 satoshi, it's good percent, the market is really fine
In percent, it's the same as a Dero who fluctuate between 3000, 4000, 5000, 6000 satoshi or an IntenseCoin who fluctuate between 50, 60, 70, 80 percents, it's the same percent or approximatively the same percent. It's the market, nothing wrong actually.
The XTL market is ok.
The issue i think, is that you want to see the price growing faster. So you are trying to convince devs that something should be changed in the numbers of coins, like that the value will up then you'll sell your coins.
I agree you have a point. But still, I personally would like to see the emission to reduce probably by half, cuz with current exchanges and limited reach, there may not be enough customers to consume 25+ million mined every day, hence piling up the coins and single digit price. I believe the coin has much bigger potential than it currently is.
You got my point. If it is 25 million /per day, this will be 365X25x1000,000=
9,125,000,000 in one year. This number is almost half of the whole supplies of
20,000,000,000. Even if this number of coins are extracted out in two years, they are still too many coins. How could it be expected that the market or the community's growth can catch up this rate? Also, there are many other projects in this market as well.
As for the fluctuation between 3, 4, 5, 6 satoshi, it looks ok right now, however, someone may enjoy just this moment. Thanking about further, what would it happen if more and more coins are extracted out and cannot be absorbed by the market? The price could drop to 1 sat (in the very bad situation of the whole cryptomarket). Is there any way dropping to 0.8 or 0.5 sat?
. If it can, then it would be ok. So the good fluctuation point would be around some numbers of between 12, 13, 14, 16, not close to 1 sat.
