Looking good guys, keep sending those ACs back in the wallets. The more in wallets, the less in markets meaning more price. And please try to improve on the english.
But the economy only spins when people are transacting with AC. Bring on the merchants?
Atm 99% BTC is held by 1% of the ppl while 0.5% own 99% of all Blackcoins hence their price. The more held will leave less to be bought increasing price and creating further demand which is what yall want. If 160mill of 170mill was held in wallets, you will see a similar boom as in the case of BC, BTC, Cinni.
Merchants will still work.
It sounds like a flawed concept in my opinion. Bitcoin has its current value because people can purchase things with it. Therefore, it has value in the eyes of users and holders. If everyone is holding AC but no one actually uses it to make purchases, AC will not be able to retain its value in the long run. I would say value creation is the most important task at hand so that AsiaCoin is considered more than just a long digital string. Bitcoin and BlackCoin are valuable to people because merchants accept Bitcoin and BlackCoin as a form of payment. BlackCoin has less value since there are not much merchant support at the moment.