Quote from: GRR on June 23, 2017, 07:47:07 AM

Simple havling won't automatically double the price. You better read this: https://en.wikipedia.org/wiki/The_milkmaid_and_her_pail

As the dev said, the price is generated by the market, not by an individual manipulating the coin. If you claim to be a financially well versed guy, such statements pretty much indicate the opposite. Other coins tried it as well, which generated some initial hype, but nothing lasting. I don't see the point really. It is not a psychological barrier, it is just some concept people like you make up. It changes nothing of the inherent value of the coin, because it does not matter if you pay 500 coins worth 1$ or 250 coins worth 1$ dollar, they are just different numbers with relative value that the market decides. Huge supply also worked well for coins like DOGE and XRP, where you paid hundreds/thousands of coins for small transactions until their recent rises in market cap. You also don't know how high the markets value of the coin will rise. In a year we may see 500 billion market cap. If you go to 13,5b market cap, which is not unrealistic for some project these days, you still have 1$. Also it should be mentioned, that 1$ is quite a lot for some people/in some countries. So something that is not worth a whole house (like BTC, yes relative numbers again) may also reach out to other people with lower monetary supply, when they can pay 1 VERGE that maybe equals 0.05$

To even think about stuff like halving at these early stages is just a waste of time and especially work, which could be spent developing other things.

That is correct: price is always decided by market forces. But the decision is actually made up of points in time. Market always decides from some point onwards. There is NO intrinsic value. Inherent or intrinsic value is what has been discussed in economic environments for centuries. There exists value. It is the only existing concept. The materialization of value is the numeric representation, otherwise known as price everybody is familiar with.
From a point in time onwards a market decides anything about the value of an asset and numerically represents it. You may even merge ten coins into one, thus generating a tenfold price to preserve the total market value of the coin asset; well, you start from that point, and the market will decide how to price that asset.
A stock merge may not be something usual in finance, but it may occur, and the how is quite logical.
Just get rid of the inherent value of anything. Not even gold has intrinsic value. It is psychological residues transmitted through time and space, and taken by masses of individuals to be true.
You just said what I am saying "it does not matter if you pay 500 coins worth 1$ or 250 coins worth 1$ dollar, they are just different numbers with relative value that the market decides".
The market decides from a point in time. Simply let it decide. In the meantime, the price doubles, thus preserving the total market capitalization.

You talk to me as if I am the only manipulator in existence. A producer or distributor of an item puts its products into the market and he discretionally sets the starting price. Is he a manipulator? YES, :-) he is part of the market, and he decides a price. Perhaps this price will be obliterated by other portions of the market. LET IT BE. Markets manipulate all the time.
In a stock merge case, manipulation is really at its lowest because the market cap is preserved.

At any rate, thinking out the box is important, and concepts like inherent value should be done away with. They are detached from reality.