Quote from: Miner232432 on March 14, 2014, 06:20:42 PM

Quote from: blade87 on March 14, 2014, 06:03:28 PM

Quote from: Miner232432 on March 14, 2014, 05:54:04 PM

There just won't be the BTC volume to sustain that value

Sustaining a price is a PoW coin issue. It's a far different scenario when you have little to no miner/dumper coin generation. (reference to QRK after it was 98% mined followed by 3000% rise and even to this day after coming back to Earth it's still up like 1000% compared to where it all started)

In the end though, you are right that something is only worth what someone else is willing to pay. The multipool will be the foundation for whatever is to come for this coin. As long as interest is maintained or increased, price will continue to rise.

No sustaining a price comes from investors not miners, miners never sustain price they just dump and take the BTC

If you guys really think the pool is going to be able to pump out 200 BTC a day to sustain current prices then good luck to you but we should be realistic about this... 200BTC is ALOT to ask for from 1 single source, it's not impossible sure, but consider these factors.

You're going to need alot of miners for 200BTC daily average if we take 0.01Btc per 1mh/day which is the general average every miner tries to strive towards for daily profits, you're going to need 20,000mh in the pool also you're going to need to rely on the coins you've all mined to retain some decent value to turn a profit and the way things are right now that 0.01BTC average looks more like 0.008/9BTC so that's even more miners you're going to need.

I'd say from a realistic point of view BC's value will floor at around 800 to 1k after the initial hype wears off and people get bored and move onto something else unless the coin can offer something with true intrinsic value and purpose other than giving miners BC to convert into BTC or hold for 1% compounded interest

You seem to miss the point where total coins are 70mil. If this coin was in the billions like MINT current price would be 2 satoshi.

200BTC would mean about 20% of total coins.

To ppl who don't know. He's just trying to lower the price in order to get in.