Quote from: BioMike on November 01, 2017, 08:02:24 AM

Quote from: cryptohat on November 01, 2017, 02:41:06 AM

Quote from: BioMike on October 28, 2017, 09:15:02 AM

Quote from: cryptohat on October 28, 2017, 06:06:11 AM

Hope this is going to moon back to 80k sats! Grin

I don't think we're going to see that happen anytime soon. BTC was valued much lower at that time. Price has been however fairly stable between 0.40 USD and 0.70 USD for months now.

I might seem overly optimistic, but if you look at what happened to TX coin (mooning much higher than its previous highs despite BTC appreciation and looking like a dying coin), it's not far fetched that the same would happen to Auroracoin. Cheesy

While high prices are nice, it is not our goal. People actually using it as a currency is the goal (higher prices are a logical result of that). We know from experience that spending grinds to a halt when the price goes up quickly in a short time.

I'm sure the most sustainable way for a higher price is more usage, else we might end up getting speculative pumps with the normal dump which doesn't serve the general user. Having said that... then again sometimes higher price draws attention which will create more usage.