Does anyone know how long bittrex will have Gulden wallet under currency maintenance, trying to withdraw Gulden I purchased today.
Is this a good price to buy Gulden or will the price correct under 0.007 in the short term?
Price was 0.008 before the 10% increase in reward, a good price is 0.0072. On bittrex 94 because of increase in bitcoin price. Safest is to buy with Euro at 0.0072.
With more supply money becomes less valuable, if gulden reduce by 50% then price would go to 0.016 and 220 on bittrex.
Can you explain why the price would drop 10% if only the reward went up 10%? The total supply is not going up 10%...
He or she is half right. Let me explain,
In a world of constants if gulden was getting $1000 of purchases per day and at a price of 100 satoshi the supply balanced at this price, you increase the daily supply by 10% and you will need $1100 worth of buyers to maintain the same price of 100 satoshi.
It's not the total supply that counts but the daily supply sold on the markets.
Ok I wait for the price to drop to buy more.