the price will never rise up
multipool everytime dumping than the 2nd pow stage
cancel the 2nd pow stage...the coins isnt as rare as it should be...so the price wont get up
all will wait for 2nd pow stage to jump on train
Not that it's a good thing, but i can imagine that a lot of pumpers will think that they can pump the coin now, dump before 2nd Pow stage, buy cheap again and pump again at POS stage.
We want silkcoin to be long term, so we're not afraid of the 5 days dump that will occur and big price variations.
Imagine how much people will have a silkcoin wallet when we reach last phase..Remember 2 hours after launch we got 1000 diff, integrated into Bittrex and all mutlipools dumping as hell and we still got a lot of buy support,
about 80 BTC volume the night of launch.
So yes it's pretty sure the price will drop, but with the promo and this second phase imagine how much people will open the wallet, this is the main point : reaching as much people as possible because when they open the wallet for the first time it's always the same reaction

(and in a month the wallet will be even better). That's also why we're doing a lot of giveways by the way.
Last phase is going to be epic.And once we reach this phase we already got plans to fully use the potential of full POS with applications in the wallet that will keep people interested, and with their wallet open.
On another subject, we'll be realeasing a new version of the wallet with a few upgrades very soon

and we're all back to work, yesterday was the first night off for the team since launch.
Social media are growing stonger everyday and we'll also soon be releasing the forum.