Re: SwiftCash - Digital Store of Value - P2P - Decentralized Governance & Economy.
The next buy wall on Crex is at 5 sats for about 450k SWIFT. According to the rich list there are less than 20 addresses that could fill that order and why would they for $300 https://explorer.swiftcash.cc/richlist . This is a good thing no?
I hope they will not fill that order, because it's so cheap, it will make they looks like throw their coins in the trash. That's not a good thing, we need the more buy wall in order to get rise. It's really cheap when you think about it.
Imagine Dogecoin has no maximum supply and is adding about 5 billion new DOGE to its supply every year, yet it's trading close to 30 sats with a current supply of almost 122 billion coins. Now compare that to SWIFT, with its max supply being 5 billion equal to how much DOGE adds to its supply every year, and also with its current supply of 106 million, not even 1 billion. Also, SWIFT's current minimum inflation is about 28% which means will be adding about 30 million to supply within the next 12 months as opposed to Dogecoin adding 5 billion in the next 12 months. And these new coins will be distributed between active holders who participate in securing the network, unlike Dogecoin again or Bitcoin or Litecoin or any other POW coin for that matter.
https://twitter.com/msg768/status/1191226789986627584