1-The coin price was below 100 satoshi, how do you expect it to go lower?
I was referring to the price a few days ago
2-The distribution will be done in multiple waves, in order to participate in wave 2 you will either need to have kept your coins from wave 1 or be a new applicants. This is how holders will be rewarded more then the non holders.
(...)
I hope people can be more active in this thread. It is not because you only hold a coin longer or have paid for it that you deserve to be rewarded for it
contradiction ?
4-We should stop talking about the price and the investments, right now the concept of yin and yang being 2 coins is pretty unique with a total coins cap of 15M it can easily go above 4-5k sat in the markets.
contradiction² ?
when you work and help the coin grow thats when you should be rewarded imo
Aiding the trade volume by selling and buying, even when the price was >300s with the knowledge it was doomed to heavily drop, is helping imo. Especially because I didn't dump but kept them instead.
But nevermind, I wanted to bring up a point of my view and was hoping for some understanding. Don't want to devaluate or start criticism in a vulnerable stage of this flowering community, so i'll rest my case. I hope the best for the future and will not stop believing in this coin.
I felt the same way really, many invested at 300-500 sats and have seen it drop rapidly and i fear that by distributing a few million of each coin i think it's fair to say that a good portion of that will more then likely be dumped onto the market affecting the coins already fragile position. I think i would have probably preferred no distribution at all meaning less of that would go on. I honestly feel that just the very action of taking 3 million out of circulation from each coin could have provoke new interest providing the community publicised it.
But looking at the bigger picture, I was voting for yinyang all day yesterday on mintpal and it was nice to see it slowly climb from 61 to 57. the next few steps up are quite some way off though, and if distribution can create some renewed interest and support for the coins and voting them up then i guess that it would be worth it.