We are standing at the doorstep where applications will be created for the blockchain technology
Every "coin" - is the network of communicated nodes.
The More nodes - the stronger network stability and security
and then every "coin" will have value as ready-to-use network for any kind of virtual activity.. fintech and smartcontracts at first
Here we look at TEKcoin and what we see - the more "coins" are there the stronger network we have as every coin confirms every other coin in every wallet in the network and "stake" is a reward for the wallet user for holding as many "coins" as possible for better security and performance of the whole network!
So MORE coins = the better!!!!
Practically what we are at the stage of growing the strong nodes network
Also TEKcoin is the Proof-of-work coin, which makes it even better, because if you have some mining hashpower - you can enter tekcoin without ever buying it, but improves overall speed and security of the Network one again..
The cool time is NOW, because every network big and strong enough already has value and tekcoin is good growing media
peace
P.S. WHY? If people think that when the price is low now, and the "coin" does not have value because not very Big trading volumes..
why if they are interested in just trading - then they don't go trade f... salt?
I believe this view is a bit short sighted. While it is obvious where your are going with your argument, there still has to be motivation for folks to keep and stake TEK. While I would agree more folks are better, which will strengthen the network, you don't get people interested in investing into any kind of medium if it is increasingly becoming worthless.
The number of coin out there does not necessary make the nodes stronger. It boils down to people, who have computers, which are connected to the network. Where is the motivation for folks to have TEK wallets on the network if they do not perceive a value? Folks who have already invested will try to dump as we have seen, and over time you will actually decrease the number of folks on the network which will have the opposite of the desired node-strengthing result.
In any kind of investment strategy, the goal of the investors is to increase their standing. In the short term, you can argue that even if the price is lower, they have GOBs more offset the price decrease, but at some point, the price of the coin (or call it whatever, if you don't like the term coin) will drop so low that no matter how many you have, you are going in the wrong direction with your investment.
If you don't think of this from the people perspective, you are going to miss the mark. It really all boils down to perception of value, and if nothing is done to protect that perception, people will loose interest, and the 'coin' will ultimately die. The super stake idea is awesome, but it cannot be the end all for TEK. Thought must be placed into protecting value. I believe the original intent was for so many folks to be bought into the concept, that the sheer numbers of folks staking would control the formation of new coins and slow the process.
I was initially excited about a hard fork that would decrease the micro-transactions and increase my stake percentage. While eliminating the staking on very small holding may still be good for the network, uncontrolled growth of the coin is not. I am a fairly large holder, and I must admit that I prefer reducing the stake percentage to stabilize the coin, to the possibility of having trillions of TEK out there that nobody wants. It hurts me in growth, but goes a long way to protect value of my existing holding.
It has been an interesting experiment. I will hold on for two reason: First, I did not sell the farm to buy in. If I loose it all, I can chalk it up to a good idea that did not pan out. and perhaps I am wrong in my reasoning. ( I really don't think so....) and second, the 'powers that be' may come to their senses and fix the coin to protect the value. Judging by the silence we are experiencing from the DEV team, I expect that is a pipe dream too. I suspect they cashed out a long time ago, when a TEK sold for close to 2 cents each, and are laughing into their hands.
But who knows? I could be wrong... I certainly hope so.
DEVs dont have to be there at all.. they can hold or not hold Tekcoin they dont have to do anything.. and they have right to cashout when they want
But I am sure that they just take time to do the job and also it will make it very chip for some time so someone can jump in.