Just saying if you try to pump the price up to say 6sat...you will see a big dump back down to 1-2sat.....how much buy support do you think you can generate with little to no buzz on the coin. price rise with no news will only cause it to stabilize lower or at the initial value.
There's no intention to look at 6. Yet.
The 'correct' price right now is probably around 3. If we can hold stability at that, maybe the sheep will actually look at the 'dynamics' or 'physics' of it & realise that it's not a coin for a quick buck, it's a coin to hold & enjoy the minting from.
As more realise this, the price will naturally & correctly rise in some kind of ratio with the falling block rewards & rising PoS.
I honestly believe that this time next year, Zeit will have a value in the THOUSANDS of satoshi, at least.
It should be obvious to all that actually mining Zeit is not an efficient option already, and will become even less so as the rewards fall even further. Mining something else & buying Zeit with the proceeds is a VERY good move for the community anyway, just coz a few of us agree to do it on the same evening doesn't make it a pump in the whale sense, it's just a statement of confidence which will give a feeling of being on the same team, of working with a shared purpose.
Isn't that the very definition of 'community'?
Hao! The lion has spoken.
I think ill get some cash ready in the next 48h to make sure there is no 2sat-comeback.