Quote from: teringlijer on March 18, 2014, 06:15:47 PM

Quote from: Turpomann on March 18, 2014, 05:28:22 PM

Quote from: AIRcoin on March 18, 2014, 03:41:17 PM

We will have time for a proper response soon to address questions, right now we are working on a few new releases, the most important of which I am making this post about, to ease concerns about the coin:

We have compiled the data for our Transparency Report, which will outline exactly what trades have been made and how they profited and shed light on how the pool works. This is something that has been in heavy demand. Here are a few teasers, however:

1. 69.8% of the trades have been profitable, and 71.3% of the traded volume made a profit.
2. The BTC generated for the pool, since the beginning, has amounted to just over 1.8 BTC. This is not from selling coins, but from scalping AIR from the price rising and falling, and from the liquidity services. Most of this is generated via algorithm. That means the pool has 1.8 BTC additional buying power in the market over the last 3 days, which helps explain how the price can rise.
3. Average gains per trade is 4%.
4. Average gains per trade is .00259 BTC
5. We have paid .05 BTC in fees.
6. Over 700 trades were made in 72 hours, making about 1 trade every 6 minutes.

Reality is: Highest price point was 0.00273 and current price is 0.001811. Price is down 33%. Simple math.

To counter your flaming/trolling:lets turn it around. Lowest price was 0.0007. Current price is 0.0018. Thats an increase of 257%. Simple math.

Your math is correct. That makes the average price of 0.00172. Barely profitable to mine after difficulty 15. It's really easy to understand: Investors want to buy the coin as low price as possible and miners want to sell as high price as possible. Some miners are investors too. Like it or not, you need to keep miners happy or your investment will not fly.