Just like to say congratulations to you Aircoin team for a successful launch on the exchange.
The price was just as what you have described and steadily growing.
While I didn't have much hash power to begin with, I'm glad I mined it early on.
I have a couple of questions.
1. How often will AIRcoin adjust it's reward and would it be announced beforehand?
2. When the Team (particular Theseus) make a profit on the "investment pool", how quick will that reflect on AIRcoin's value?
Thanks and keep up the good work.
1. It really depends on the expertise of the traders on the floor at the time, and Alexander can always personally override a directive. This is sit-at-your-terminal-and-carefully-watch trading, and we are just going by the seat of our pants here.
2. This goes back to 1. To be honest though, we aren't in direct control of AIRcoin's price, we are just keeping it within a specific (not in our best interest to announce what this is specifically) range around the market price.
EDIT: 2. is not even continuously. Essentially if we see a potential problem, we move. So far, the market seems to be doing fine without much help from us (odd, but incredible).