It is not a capital flow analysis and that was also not my intention. My intention was to figure out if the NetworkDistributionRatioToMiners can influence the CoinPrice. Because you tell us the last 1000 pages lowering the ratio means the price will drop.

To do so we have to analyse the motivation for Miners and Masternode owners. That Ratio is relevant for those only.

If you check my last formula in the DOH post it is in essential a very scary miner invested miner capital to price relation:

let's free it from the balast and make the formula simpler:


-> (MinerCount * MinerCost) / CoinPrice = MinerAmotisationTime = aprox const

aprox const or meant to be it is target to keep that value the same because that isgiven through the alternatives of Mineing other more profitable Coins.
Byway I ignored the energy cost here which you would never do in a miner profitability calculation but it is irrelevant for us here. Just add it in your mind to the MinerCost .

And because you are interested in Capital flow MinerCount*MinerCost is nothing else than the total invested capital of ALL miners of the full network of this coin

So it is just:

  TotalMoneyInAllMiners / CoinPrice = const
 
so here is your in miner invested capital and it is in a fixed scary relation with the CoinPrice.

You know there is the disussion if the Total-Hashrate correlates to the a CoinPrice.

I would say replace the total HashRate with the total Money put into Mining Equipment (and energy) and you come close to something that might correlate seen over a longer time periode.

Now if you ask Miners they will say that the CoinPrice dictates the Hashrate (MinerCount for me) and not the other way around.

This is certainly true.. for medium and maybe long term but at the end it will have to balance out to get to the same average MinerAmotisationTime for all existing pow coins and that's my doh post. An imbalance of the MinerCount over a longer time will essentially lead to the CoinPrice adapting. They can sell cheaper compared to the other coins and it will lower the price.

It is a very frightening thing and actually confirms what you pryed the last 1000 pages just not over the way you do it with capital flow consideration that
be not made to me sounds gibberish to me.. likely the same gibberish you get from my analysis! lol

Anyway conclusion is by lowering the NetworkDistributionRatioToMiners a lower CoinPrice is to be expect and it is not a one time thing  but a trendset driven through the psychological factor of my DOH post.

That is not fix however if for any reason you can give people a good incidence to buy DASH..it will drive the price up again and minercount will follow.
But without anything new put into the system a down trend is most likely according to my doh post.

cheers