A fluctuation in hodling and mining rewards to reflect the florin price, the higher the price the lower the reward. I will support a total remuneration of $1 per block.
It's not the mining , it's because 90% of the supply was purchased at €2.
Most investors are up more then 5000% at this price.
I think its miners. Based on the small amount of xfl per sell order.
By the way another week gone and still not 40 euro like you predicted Bram? How much longer do i have to wait?