Quote from: toknormal on June 20, 2014, 07:42:02 AM

These two statements seem to conflict with one another.

Care to clarify ?

Quote from: nomad1109 on June 20, 2014, 07:07:22 AM

The price will rise, because demand will outstrip supply, you just have to be patient.

Quote from: nomad1109 on June 20, 2014, 07:07:22 AM

Those holding a coin that passes out 80 million new coins at a time aren't doing it to get rich

It takes time for a market to exist, and you can't expect two months of people starting up some gambling sites to take over the world.

People have the right to dump, but they are significantly undermining the entire crypto-currency world in which they are participating by creating an environment where coins that stand out are just dumped.

If a coin hasn't 'made it' in 8 weeks just drop and get out? (not that you said that...)

but that is the prevailing mindset.

Demand can build over time, but it isn't going to happen when 60k JPC a day is the normal mining output.

If the guy who won the 80 million coins had just put up his sell order the entire coin would have never moved away from the floor.

You never know though, maybe the fast transactions will ultimately just end up being the pump-and-dumpers dream and will just be a warning to others why maybe long transactions are better for the long term health of a coin.