wrong. The value of a network is in its current market value, determined by price on an open exchange. Innovation has nothing to do with it.
Its not artificial because open exchanges are driven by supply and demand. If demand is high, multipools mine "the most profitable coin" and match the demand with supply.
Thi is a good thing.
I see what you're saying. My point is that the perceived value of the coin is down because of the MP dumps. Not everyone is privy to them, as you can tell. A lot just see the price and assume the worst.
MPs don't keep up with coin development, all they look at is if it will pay out the most BTC at the time. Once a halve hits, we'll see a price jump, then it'll level out again. Once the dumps are out of the picture, however, then the market will value the coins for what it's really meant to be for the future, just like the other, comparable coins.
MP dumps are like government fiat banker bailouts, inflating the market with more currency for a quick buck for the bankers at everyone else's expense. At least we know that PoW will be over soon enough!
That said, ultimately I trust where the SuperCoin devs decide to go with it. It looks like they know what they're doing.