Quote from: Noob_two on May 31, 2018, 07:46:43 PM

The staking profit is very high, so the PHS owners prefer to stake instead of trading PHS on an exchange. Cool

Not sure about that, I'm still making quite a lot of profit playing a usual game of buying at a slightly lesser price and selling at a slightly higher price. Most of my fund is staking, but if I dedicate ~2000PHS to that, it seems profitable. And in doing this I'm participating in keeping the thing around a medium level. People come in an out of the market, because they need their money elsewhere, and if nobody is present on the market this results in them buying or selling at extreme prices. We do need to have a quote for PHS (otherwise it would be purely abstract), and that is done through the continuous negociation of the market. Things would be different if PHS was quoted on several markets, but this might take some time.