@smalltimer
[...] Doesn't make sense to flood the market more than necessary and devalue coins that are already held by people. I'd be very much for a second airdrop of the size like the first one (30 something coins) ... give people a chance to claim them (couple of weeks) and publicly destroy the remaining premine. You don't want to have an even lower marketcap than you have now with more coins than you have now. It'll be ridiculous. [...]
correct! this airdrop needs to be stopped asap. instead of flooding the market, i would suggest to stop the airdrop of 31,8 after a certain time and do the opposite thing - run short.
those who accept aur as payment in iceland should be awarded with 1000 aur and who pays loan to employees in 5% aur should get 2000.
i can imagine, after people in iceland made experience with the devaluating icelandic krona, they could apply a stable currency/storage of value.
the 'financial crisis' will do the rest...
Quote
[...] Doesn't make sense to flood the market more than necessary and devalue coins that are already held by people. I'd be very much for a second airdrop of the size like the first one (30 something coins) ... give people a chance to claim them (couple of weeks) and publicly destroy the remaining premine. You don't want to have an even lower marketcap than you have now with more coins than you have now. It'll be ridiculous. [...]
correct! this airdrop needs to be stopped asap. instead of flooding the market, i would suggest to stop the airdrop of 31,8 after a certain time and do the opposite thing - run short.
those who accept aur as payment in iceland should be awarded with 1000 aur and who pays loan to employees in 5% aur should get 2000.
i can imagine, after people in iceland made experience with the devaluating icelandic krona, they could apply a stable currency/storage of value.
the 'financial crisis' will do the rest...
it is a good idea to maybe use some unclaimed coins for bounties for buisinesses, but those bounties are too high. 2000 aur can be like 20.000$ .... that's too high and the market won't be able to support it. Better lower those bounties. The more coins you destroy the higher the value of the single coin. If you give out bounties of that size later when marketcap is high we repeat this shitgame again. Give out large bounties now or small bounties later but not large bounties later. Don't let the market be flooded by buisinesses either. The time of free aur should come to an end soon. Don't drag it out for an eternity!
I'd suggest the following: continue airdrop for few weeks and take only 10% to 20% of the unclaimed coins for bounties and really destroy the rest. The destruction of the coins will immediately lead to appreaciation in price. The market will react to that in a very good way, that is for sure. Give buisinesses who accept aur as payment 50 to 100 and buisinesses who pay employees in aur maybe 100 to 300. If you give too much there will be a lot of pretending and dumping ... calculate a fair value of 2$ to 20$ per aur. Don't throw aur around as if it hadn't any value. Correct bounties downwards because most coins will be dumped on the market instantly. Don't give as much as 2000 for free to anyone, really. Think 1aur = 20$, handle them as if it was this much and they will be pretty quick back to that value i believe. I repeat: don't give out the coins as if they hadn't any value! because if you do that they will not have any value. There is a very fine balance to be struck here. Destroy as many coins as possible to see the most appreciation in price. Really only hold back for bounties what is absolutely necessary and it'll have some value. The clue with crypto is its scarcity. Make it scarce and it'll be worth something. Limit supply as much as possible. Don't be helicopter-bernanke
To make large supply doesn't raise demand. Supply/demand! Small demand needs small supply - not large supply! Otherwise this is going nowhere.