Quote from: bitcoinwonders010 on August 01, 2014, 04:13:43 AM

people not worried about the app. coin is very good its just the premine. people just do not like them. here we have a huge amount

I'm holding my coins so I can use the app. I see strong potential for a fully developed and useful application here. I'm only holding enough to use the app so a pre-mine dump or what the market does for any reason isn't that important to me.

Just save me from having to use the bittrex interface, please... and I don't care about price.

That being said, it seems very likely to me that sub 10k sat is a great buy for this coin at the moment, good to hold as long as development and activity remains strong.

If development and activity lags, before the app is developed to a highly useful and interesting state, then price could dip pretty low I would think. If the project is abandoned, then price will crash. Current valuation is speculative, (not yet driven by app-wanters like me so much) and speculators get impatient very quickly.

Worry about pre-mine dumping is a knee-jerk fear reaction that doesn't consider the bigger picture IMO. I mean even if you just assume the dev is holding a large amount of coins, and could crash the price, the likelihood is that it's more profitable to garner interest by creating a great app. So far we have every evidence of ability and intention. Any big sell off would logically come later when there are a lot of people who want to use this application and that interest level will then support the price anyway. If the project stalls out and/or dies for any reason then price will crash regardless of premine dumping or no.

I think future valuation of QTL hinges entirely on quality and pace of development of the trader application, and its resulting popularity. I would keep my eye on that ball as the main indicator if I were putting money into this coin.