Quote from: danktron on April 20, 2018, 02:09:11 AM

Quote from: Speedie on April 19, 2018, 11:39:55 PM

Quote from: fellestreum on April 19, 2018, 09:30:50 PM

Regarding the small absolute difference in price now between $0.35 and $0.50, it depends on your approach. It's still a big percentage difference. Let's suppose we have $100 to invest. That would buy 285 coins at the lower of these two prices, and 200 at the higher price of $0.50. Fast forward to a hypothetical time when the coins are worth $100, and the difference is not trivial at all. The small differences in price now magnify out.

It is only trivial if your aim is to acquire a certain number of coins within a certain time window (say the next month or whatever) and you will buy that number at whatever the price happens to be. The cost difference now it won't make any difference a few years down the line when the price has increased substantially.

But how many people are investing using the second approach? Speaking for myself, I have a certain amount to invest, and I am trying to do it as wisely as possible. I bet that is most people's approach in fact. Anyway, for myself these small differences that are big in percentage terms do matter but I try not to be sad about them... there is more to life isn't there?

All very true. I'm actually an example of the rare second approach and have a plan to get to N number of coins before Smart Contracts are ready. Viewed through that prism, and when I fully expect DERO to be well into the hundreds of dollars in the long term, the difference between $0.35 and $0.50 is indeed trivial.

You are absolutely correct that the percentage difference is quite large though, and that I'm probably one of very few investing and mining with that particular approach.

It's a little bit of a catch-22 I think - with higher volume the price would be less volatile, however I suspect that by the time DERO hits one or more of the big exchanges it will be far too late to buy at a price measured in cents.

Speedieism 3:14

Reaching the price of Monero now is just the matter of time I believe. 6 months, 1 years, 3 years, doesn't matter to me much. It just the matter of time.