Re: ★ ZEIT ★ [COMMUNITY & KNIGHTS] [ULTRA LOW INFLATION BEGINS AUG 11th, 2017]
ZEIT Price per coin
Using CoinMarketcap as a reference
August 28th, 2014 Price per coin in US Dollars was .000001
August 28th, 2015 Price per coin in US Dollars was .000008
August 28th, 2016 Price per coin in US Dollars was .000011
August 26th, 2017 Price per coin in US Dollars is ~.000063
Every year for 4 years straight, ZEIT has not only held even but increased in price verses fiat every year.
The Next 4 years will be no different.
Using CoinMarketcap as a reference
August 28th, 2014 Price per coin in US Dollars was .000001
August 28th, 2015 Price per coin in US Dollars was .000008
August 28th, 2016 Price per coin in US Dollars was .000011
August 26th, 2017 Price per coin in US Dollars is ~.000063
Every year for 4 years straight, ZEIT has not only held even but increased in price verses fiat every year.
The Next 4 years will be no different.
Providing the price of BTC goes up for the next few years then yes, it will!
Using CoinMarketcap as a reference
August 28th, 2014 Price per coin in BTC was .00000001
August 28th, 2015 Price per coin in BTC was .00000001
August 28th, 2016 Price per coin in BTC was .00000001
August 26th, 2017 Price per coin in BTC was .00000001
Every year for 4 years straight, ZEIT has not increased in price versus BTC every year.
The Next 4 years will be no different.
I hope I'm wrong as I love ZEIT and hold a few million of them but the trading volume is too small to smash down the massive sell walls.
You do bring a valid point , in comparison to Bitcoin , our growth rate has not been impressive,
And in 2016 , ZEIT was worth less than 1 sat, but still higher verses fiat.
Moving to the ULI, should start making a dent in the ZEIT/BTC ratio. Time will tell.
Before the ULI we made millions of coins per day and BTC made 1800 coins per day,
now with the ULI , BTC make 1800 per day and ZEIT makes less than 500 per day.
Odds are that ratio will begin improving.
But our growth verse fiat can not be denied.
So my question for you is this,
would you care that 1 ZEIT =1 Satoshi, if 1 satoshi were equal to 1 US penny or 1 US Dollar?