Current Emissions are very high..
There are 12M for sale at 2sat and no one is buying at 2 sats.
I don't see the price going beyond 1 sat anytime ever if the rewards don't decrease.
Is there any plan to decrease the block rewards?
Last Reward: 18530.80 STL was more then 19K so slowly its going down Don't forget we are a new coin and not even 1 month old now.
yh, but you cannot sustain the Hashrate for long.
If any good coin comes by, community will move on.
Rewards should not be decreasing slowly. Should be halving instead.
Unless this is done, everyone will be competing to offload at 1 sat and move on to better coin.
No one cares if Rewards drops by 5%.
The supply should be tightened a lot.
I mined 20M but am not expecting any gains now unless rewards decrease considerably.
Best rate I can get is 2 sat if some innocent guy wants to buy.
You guys should analyze the market better
Hope the Devs realize this asap
Well, until we get better exchange IMHO we wont see significant move in price so the best thing one can do is to continue with mining.
Anyone that is here for quick buck should probably look in other direction.