Qora very long accumulated and bribed, pump was inevitable, but as always I was not in this train, who bought QORA 7 sat and sold for 20 - well done, earn good money at such a high pump
Pump? It is more likely Burst holders finding out about the Merge Mining opportunity. Again even if someone buys at 20 they buy more at 11 and hedge their position at 20. Ultimately if the BitCoin price goes up and QORA doesn't it could go to 1 satoshi and still be worth what you have invested. People are getting this concept and getting in to a stable and profitable coin! This means the coin can have great merchant support at low sats, creating liquidity when merchants decide to accept the coin.
Why would people rather buy in to a $40 coin that is being Mined and sold for profit, when you can get in on a coin that will have no inflation and has a base distribution that allows you to always secure your investment? Meanwhile they also get Exponential profit possibilities.
I still say keep the 10B static and mine for Transaction fees and hope for Burst Support like we just saw in the market on Burst and QORA simultaneously! Also, being that the excuse would be that the inflation is small only means that you really don't need to expand the Cap to make it work. The 10B is something that is sacred to this coin and will help the coin once it is fully distributed. Consider all the fees that can be mined for people using the Social Media aspects decentralized, and as the economy ramps up!
Of course this would also be part of the blocks even if the 10B were inflated, I just think it is kind of sacred to the coin and should be left intact when the only benefit would be to draw people in just to mine it. This just shows a glaring example of why it should just be merge mined for no reward other than TX fees. How many people on Burst would mine it for Free? Well if it is 4 miners that is enough. I will be one who is the other 3? See how easy it will be to create interest! And think about the small guy miners they can actually compete if the 10B is static and possibly win some TX fees.
If we keep it to TX Fees only, most big miners won't care. Then small miners can support the network and there are more small miners than big, and guess what QORA is... Social Media! This is the beauty of Social Networking an Support as it grows the network. The individual is more important than the Big Mining outfit just to dump coin on a market that nixes Social aspects in return for payoffs.