The price of the coin does not matter so much, at least not so much to me. Bought 70k at 717 a week ago, which was a bargain then. The most important thing to me is the stability, which the coin seems to have. The market will dictate the price. The more and more the coin gets out there, the more it pops up in places and shows face among the huge network of merchants that sell everything under the sun relating to either marijuana or tobacco products, the better off the coin will do.
Big money big money no whammy no whammy, STOP!
1000% Agree .. stability is important. That said, IMO there is a line of perception; coins that are below 1000 are on shaky ground and are not as trust worthy. I think that needs to be a target for stability -- then move it higher over time
I agree that network stability is paramount, followed by price stability, and that in a transactional/flow coin the price isn't as important--but you have to keep in mind that stability comes from hashrate, and price matters to those mining it. If it's not profitable or worthwhile, you lose portions of the network, and a flux in the network can cause volatility in price.
As has been discussed many times, any serious business coin should have its own private farm to always ensure a certain amount of hashrate is securing and processing the blockchain, and it's usually a farm owned or supported by the coin's owners.