I mean, its the balance between the premined and the coins we could mine in the next days before UTC gets on the exchange.
Grrr, my english isn't good enough to explain that exaclty... hope somebody understands what I mean.
The difference would be, that it's harder that we get dumped to the ground by the stakeholders with cheap coins, cause the price keeps generally a bit lower in the next time.
At this point, there's the danger that the price drops under the costs of the miners, thats what some people fear I think.
Please correct me when I'm wrong, but thats the situation I see here.
Basically, yes, that's the fear. If the difficulty goes up to say 30, but the price doesn't budge because stakeholders can dump at anything above .005 and make a profit, then it would be completely unprofitable to mine.
Some may say this scenario is unlikely, but if the price hangs around .01 for any length of time after the larger exchange opens, then it is a real possibility.
Then I only see two scenarios, a race to the bottom, or slim mining support and poor adoption that keep the coin marginally profitable but can't go anywhere due to a lack of support in the community.
Of course, exactly the opposite could happen and the price could go up and stakeholders keep holding. If the market stays between the miners and greater adoption happens with the advent of scrypt asics, the price may go up a lot to meet the slim amount of coins each miner will earn.
That's probably my main problem with this coin right now is that it's in the hands of 38 different people instead of just a couple. If it's just a few and the premine address is public, you can at least know what their intentions are. We have 38 people holding more coins than the entire community can mine in two weeks and we have no idea what they are going to do. It makes it more of a gamble than usual.