Current Emissions are very high..
There are 12M for sale at 2sat and no one is buying at 2 sats.
I don't see the price going beyond 1 sat anytime ever if the rewards don't decrease.
Is there any plan to decrease the block rewards?
Last Reward: 18530.80 STL was more then 19K so slowly its going down Don't forget we are a new coin and not even 1 month old now.
yh, but you cannot sustain the Hashrate for long.
If any good coin comes by, community will move on.
Rewards should not be decreasing slowly. Should be halving instead.
Unless this is done, everyone will be competing to offload at 1 sat and move on to better coin.
No one cares if Rewards drops by 5%.
The supply should be tightened a lot.
I mined 20M but am not expecting any gains now unless rewards decrease considerably.
Best rate I can get is 2 sat if some innocent guy wants to buy.
You guys should analyze the market better
Hope the Devs realize this asap
The issue with current exchange is that it cannot be accessed from some western countries without VPN so many people cant even get in to buy anything. Also a lot of people dont trust this exchange enough so they fear to send any money in. But in my opinion crex is very good exchange and I had only good experience with their support as they solved all my problems very quickly and results were always positive.
Also dont forget that this coin is only 25 days old and its already getting listed on second exchange. Many coins doesnt get on any exchange for months and you cant trade them at all.. this coin had no ICO and people are slowly getting in as they discover it naturally and the community is much better this way. And because there was no ICO devs dont have money to get listed on big exchanges but atleast there are no whales who bought coins in ICO only to dump them in first exchange on newcomers.
If this coin reaches higher nethash rewards will be reduced a lot and price will go up.
It doesnt make sense to sell all your coins before this coin even started. The tech which will make it unique isnt even out yet. Just wait 1-2 months give it some time to get attention and then think about selling. If you dont need to pay rent with that money just wait. You cant lose pretty much anything at this point because you will be able to buy/sell this coin for 1-2sat anytime in future.