Quote from: Changeispermanent on October 07, 2014, 09:43:09 AM

Got 20k bitswift at 20k sats. Now lets swiftly go to 200k sats.

Good Luck All.

Lets do hope so. There is always a chance of making nice profit on a POS coin eg. BC went up to 94k. If a coin has a low money supply even more so.

The only problem with crypto or let me confine it to altcoin, is that most people are in it for short term profit and speculation. No one really cares about features. No that is actually not true. Speculators do care about features as it creates hype that causes the price to increase for profit making. The altcoin population is the same people and becoming less (Russia/China). Crypto is in desperate need to expand the use by normal people outside of miners and speculators. Once that happens real demand will create real value and sustainable price increase. Without real life demand, price will just be speculative and increases artificial. IMO the dev team must have a big drive for real life adoption of its nice features, else price will go up on hype and since most hodlers are speculators at some point they will want to cash out. By that time Swift needs to be adopted and used by the public creating a demand so that there can be a mix between speculators, investors and users. Otherwise since there is no cost for miners to recoup like with POW, there will be no minimum bottom price.