Anyone who knows there is a reason for this increase?
Nice to see the price rising, but Zetacoin is still severely undervalued. This is a currency that should be trading (on the extreme low end) at the 800k+ satoshi range. A reasonable stable value for Zetacoin would be 2M+ satoshi.
In either case it does not matter to me what the price is. I am not interested in selling it now, knowing what
is to be had/made with this as a currency.
With that said, I'm sure many 'bag holders' are looking for exists at this time. Whether or not that is wise in the
short term remains uncertain.
this.
and wheter zet needs shops or marketing or anything else, I tend to agree but I think all this would be prematured without more people dedicated to the core.
We need to put more work on the coin very basis, its infrastructure. We need more documentation on the coin specifics (inflation, fast blocks) and more research on its scalability, the mining ecosystem, nearly instant merges with bitcoin core etc.
zet is not big enough to get funding for a core dev team, but with no professional giving 100% of their time, we should recruit more people giving little time.