im really missing where this can gain value. Why would anyone pay over .001 if that is where the price is constantly set?
Please read
https://bitcointalk.org/index.php?topic=471166.msg5342870#msg5342870 and the Ann.
Ultra short is that 0.001 supply is limited, once it's gone it's gone. Additionally once a week the supply is cut for a day, Insanity Sunday, where all BTC from purchases goes back in to market, see the results of yesterday's here:
https://bitcointalk.org/index.php?topic=471166.msg5323853#msg5323853The after 9 weeks model is something that remains to be seen, but it could easily move to a different core model where there was a tiny block reward, or tx fee cut or increase, or at week 5 we could decide as a community to start raising supply cost, or wipe out 25% of the supply, or, or.. for now let's keep the current set up and see what happens.
pls keep it as is for the moment.
it is much too early to draw conclusions or predict anything. 2nd week should set-up the trend and then it would be easier to decide whether to maintain or accelerate the whole process.