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.
Well said. Price is determined by supply and demand, and changing one does not mean that the other won't change too. For example reverse coin split would shift supply curve to the left and theoretically shift price equilibrium up along that demand curve, but this does not account for any consequences perceived by markets of this split. Which would effectively be the repossession and burning of people's coins, which is taboo in the world of crypto. For all we know demand will decrease because people fear coins with developing teams who are for this method of manipulations, and though the supply decreases, demand drops as well, effectively doubling losses, and making recovery especially unlikely, seeing as there is plenty of competition and a fork could be implemented.
Secondly verge is not targeted towards pricing itself to a cryptocurrency market cap of 115 billion. In fact verge is in better position to handle transactions and scaling to levels of actual countries m2s, even if it may be older levels. It's a novel approach guys and it's good to think about things like this, but I think a reverse split and reduction of coins is targeting short term prices and cap, and not looking far enough in the future at prices and usability.
Keep up the good work dev. I'm predicting 500 sats post smart contracts, and bigger markets from there.