Solar has a working product but it doesn't reduce your energy consumption like Mwat or Elec. Instead, it just rewards you for producing solar that you can prove you've created.'I understand how currency is created and value is applied to a currency, so I'm surprised not every producer of solar is jumping on board this. My question is... If you become a big producer of solar (you have many different solar farms in different locations under different names/accounts), couldn't you rekt the value by oversupplying and selling onto exchanges?
like the core team said, it's about the long term..solar/renewable energy IS the future, SolarCoin will be a part of it. Increase of media exposure can boost SLR price at any time.
agree, anytime ^^
but there's one thing that I was so curious, that there were so much county in the wourld are participated in solarcoin map, but ... where all the coin that they had generated goes? cause daily volume of SLR seem not that big, nothing compare to the market of solar energy.
My guess is that most of them are holding onto their coins. While there may be some large facilities that received a bunch of coins, it seems that the average house-sized project would only produce enough solar power to qualify for maybe 1-2 dozen coins a year. So many of these people might only have a hundred or possibly a couple hundred coins (if they had solar since 2010). If you were only receiving 20 or so solarcoins per year, would you sell them all right away or possibly wait a few years and see what happens?