Agreed it is an interesting thought.
"MARKET MAKERS AS THE SOLUTION
All of this (the problems of not having market makers.....see article link) can be avoided if project developers find professional market makers to keep the order books healthy. Stack both sides of the order book with an automated trading algorithm and you increase the chances of keeping your project alive.
Here are the benefits of market making:
Pumpers won’t be able to manipulate the markets as easily.
ZEIT is a Megalith of a coin, with ~35 billion coins and an interest rate of 15% yearly.
There were some pump attempts by the same group that pumped Mintcoin, at
ZEIT they never made it past 3 sat.
Pumpers are of no real worry to a coin of our size, they just can't handle our numbers.
Our coin's price will have to grow by its true value, artificial pumping will fail, only true utility with a virtual economy will work.
Reduce the amount of slippage for all participants.
The project will have more miners because they’ll be able to sell coins to cover expenses. This will increase decentralization.
Merchants will actually consider accepting your coin.
Traders will be able to effectively execute orders. This leads to higher trading volume stats.
Developers will be able to pay themselves for their work.
I personally picture the Knights as the Backbone of the coin and a stabilizing force.
As the number of Knights grow, it will stabilize our price and eventually begin to raise it.
But it will be a slow effect, as Lion stated previously becoming a Knight takes a sizeable financial investment.
Anyone selling excessive amounts of
ZEIT at a cheaper rate would be welcome sight to our fledgling soon to be Knights.
Exchanges will keep the coin listed and new exchanges may add it.
Holders will be happy to see their investment retain its value.
Coins that have higher trading volume tend to attract new users into the space. These new users are important to offset the selling pressure from miners, developers and merchants.
Developers for new coins should factor this into their business strategy and older projects may want to consider reviving their markets. Fail to do this and chances are your project may end up in a dusty graveyard of worthless altcoins. "
Our Current Six Exchanges are not delisting fanatics like C-Cex or Bittrex, so that is not really a concern at the moment.
Even in that many coins rely on a single exchange and are slammed when it goes under.
Tek & HBN Troubles after the cryptsy collapse , which they have still not recovered, did not even faze
ZEIT.
Our Market cap will be between $200,000 & $500,000, while we are at the 15% rate, after the drop to 5%, I personally expect we will see a stable coin at ~$500,000 and a few months after a slow but steady increase.
Increasing utility use is paramount to ensuring our success, so I would ask everyone , to begin thinking on what services would they offer for
ZEIT .
ZAN =>
ZEIT Ad Network will be a big part of creating a utility use totally outside of any Fiat conversions.
The more of us that offer a service that accepts only
ZEIT , the more we create a virtual economy , and the sooner the valuation gets closer to what we know it's true value is.
My example: Optional Service with only
ZEIT accepted for payment, No BTC or LTC or any other coins
The more of us that offer some type of service, the more we grow our
ZEIT specific economy.
Optional Services for BlockChain SnapShots
Direct Link to Snapshot download
Exact Date created included in the Snapshot Post
SHA-256 Hash Generated so you can verify the File download matches the original created file.
Snapshot & BootStrap Updated every 2 weeks instead of ~ 2 Months
Current Price is 250 thousand ZEIT per month per coin to add these options.
(Only ZEIT Accepted)
