Post
Topic
Board Announcements (Altcoins)
Re: [GPUC] GPU Coin | Store Opening Sunday
by
kramo123
on 20/03/2014, 13:26:20 UTC

BUT, because everyone wants to buy GPUC to get these GPUS, prices are gonna slowly push up. Which is fine for the buyers, until it hits $500 per 100k GPUC. So say that it gets to about $450 per 100k GPUC before they change the store prices to reflect what they've set. Now it's back to $400. Repeat process ad infinitum.

Now I'm PRETTY SURE that the whole quote war above is ignoring the whole "will adjust prices to reflect market equivalence" not being a one off when the store launches.

That's a good analysis but keep in mind that the GPUCoin store will sell the coins form the purchase after they recieve them, at a much higher price. And if they play it smart and sell the coins in small chucks so the market can buy them then they will earn way more. Like purchase price 40 sat but when they unload the coins the price might be 42, 45, 50 sat, prices where they make an instant profit!

That didn't really occur to me. I like when upper management has incentives similar to investors to raise the price  Wink