With the small number of coins available and potential for trillions in market cap due to its technical advantages, I wouldn't want to sell a SDC for less than several BTC.
On the other hand, distribution is going to have to be much better for it to ever realize that potential. Somebody is going to have to bite the bullet. That leads to some interesting economic questions- let's say you hold all or nearly all of a coin- it's worthless if you are the only one using it, and worthless to you if you don't own any, so how would you distribute it to maximize your own wealth?
I don't know that this has ever been addressed.
On the other hand, distribution is going to have to be much better for it to ever realize that potential. Somebody is going to have to bite the bullet. That leads to some interesting economic questions- let's say you hold all or nearly all of a coin- it's worthless if you are the only one using it, and worthless to you if you don't own any, so how would you distribute it to maximize your own wealth?
I don't know that this has ever been addressed.
That is an interesting question and dilemma. Because one of the easiest ways to make a coin go up is to have alot of th currency. That's one reason why not market cap is so high. I think like 7 people got the entire ipo of nxt when it launched. There is an article on it somewhere that breaks it down.
Yes thats actually an excellent question but i do not think Shadow is at this stage of problematics yet. The price is far too cheap and the number of coins distributed is vast enough for a good equilibrium.
Although I do agree with your points, I think due to the lack of trust in the Altcoin Industry the volume has a big effect on the distribution of this coin.
Therefore someone with 30 btc of Shadow can manipulate the market right now. With 6,448,445 at 7c right now, were looking at roughly $451,391 dollars. So for someone with 30 btc = $10,000 to manipulate the market... even at 100btc which he only seen this kind of volume 3 times on bittrex seems like the ones holding the majority of the coins are actually bitting the bullet by not manipulating the market as they wish.
If the underdogs can distribute the coins to maximize their earnings and double up on forced corrections, its because they are buying from weak hands and not from those who actually own the majority of the coins.
But what does this actually tell us? I think its the lack of volume and trust people have in the altcoin industry. Thus Shadow will change this I'm sure of it and with more volume and rise in price we will see a real distribution.
Speculating at this point is rather inaccurate nor predictable. What is predictable is the technology ShadowCoin brings to the table.
Will its technology enhance the growth of our investment because we have strong hands holding majority of the coin?
Or will the strong hands have to invest even more so that weak hands don't ruin the growth of this technology?
We will have to find out.
