btw, I don't know who you are, but I... would be grateful if you removed 500k sell wall on 49 at coinswap
want to move up a little bit
without this order it would take only 0.66 btc to move price up to 200.
I would like to spend that 0.66 btc on moving price up, but please read carefully what I'm about to do, how I'd like to accomplish that, and what help I'll need.
This idea came to me after SHNICI's passionate posts. They reminded me about The KLF and how they burned one million UK pounds on Jura island. That was incredibly stupid move for them considering their own wealth, but - if you think about it enough - they made the whole nation a little bit richer by removing that 1M from circulation.
We have maybe 2000-2200 wallet owners now and very stale market, so it would take a very small amount of btc to "burn" in order to get profit for everyone.
Now the price is 10. 63M coins are distributed - this means all of your coins worth 6.3 btc.
If I take as low as 10% of it - 0.66btc - and literally "burn" them on moving price up, I can get your coins worth a lot more.
If I do that - everyone's coins will worth 20 times more than now, you all get +190 satoshi price raise.
So if I spend 0,66 btc, whole community becomes 63 mln distributed coins X 190 sato's = 119.7 btc richer. From 6.3btc to 126btc, investing 0.66btc only - how about that?
(by the way, that's one thing that gives me hope in dev's intentions - if he wanted to scam FIND, he'd already done that by himself)
Considering last rewards, there are about 2000 active wallets. That's +0.06 btc to each wallet owner average (like $23 free to each FIND enthusiast
Even for guys with 20k coins - that's still 0.038 btc reward, or $14 for each for doing nothing.
It can be accomplished in one hour, and everyone will be richer - just with two conditions. I've mentioned the first one - I'd like 500k/49 wall to be removed
The second one is the hardest one:
Please don't put your sale orders like 1M coins for 100 while i'm trying to buy. If you've bought that 1M for 15 average, you'll probably get 1btc for them (in fact you don't because I will not buy 1M for 100, and there will be no other fools to do so), but in this case you just stop me from driving price up to 200, and having your 1M worth 2btc instead.
If you don't stop me - your 1M will worth 2btc. If you stop me - when I see this wall, I will simply not buy at all - you'll stuck with 10-11 price and your 1M still be 0.1btc worth only.
I know some guys could think I'm an idiot, and some guys will run now to exchanges putting up sale orders on 20k for 75 or 50k for 120 ("it won't hurt", "he will be buying anyway, so let me get my profit now" and so on) - please don't do that. With such selfishness you will be hurting community, and making less profit for yourself (why sell me coins for 120, if i can get them for you to 200 satoshies price?)
So, while I'm writing this post, the 200 price mark on coinswap looks like that:
price coins for sale amount in btc total btc spend up to 200 price
0.00000200 100092.7020696 0.20018540 0.902
If it changes a lot - like I wake up tomorrow and see I'll need 2 btc to get to 200 - I definetely would not do that, and your coins will still be 10 satoshies worth.
Consider this as a little test for community - if we are all here for profits or for greater good (which also means greater profits for everyone
).
Don't consider it as a pump - i think i've made myself clear that i don't want to dump my coins at price lower than 4-digits (and i have millions of them, so i'll try to go to that price range).
And I would not do this if 500k/49 wall is still out there. Sorry, guys
If anyone else would like to join me in my "up to 200" journey - feel free to join me.
