This post is for Skycoin and others interested in the success of this coin, and are my considerations of the situation.
Because All skycoins have have been created in genesis block, and becaause they were not distributed straight away. This coin has created for itself a distribution nightmare.
To hold back coins and release when wanting to, whatever the excuses allows a situation to arise that will never, never be able to be explained away no matter how much you try.
It is not practical or reasonable to try and control the price in anyway.
The coin has to be able to carry itself to be successful.
There is only one way forward as far as I can see.
The only way forward I believe is to do an overall coin offering.
Decide on a price.
Keep a percentage for yourselves for developement and to pay what has been promised, this amount has to be know and reasonable.
Give the total supply being 100 million minus what has been sold as the coins available for the sale and whatever is not sold has to be burned into none existance.
Keeping the sale price low will ensure most if not all are sold.
Now let the free market do its thing.
I am quite sure there is no other solution to this problem this is why ethereum tokens are also done this way as its the only fair way when all coins exist from the beginning.
I would suggest a coin price of the average of the initial coin offerings.
In this way the developement team will be in the same boat as everyone else and they will still get their reward as the coin matures. I believe that this is the only fair and equatable way forward.
It seems like what you are suggesting mirrors what currently happens in the stock markets today. Instead of being called a coin offering, it is a private placement, where the company wants to raise additional funds to develop their company. They set a target amount of money they need to raise and they set a price per share. Usually these are known as private placements because you need to be an accredited investor to participate in the offerings. This is the government's way of protecting the investor to ensure that you have enough financial savy to understand the risk that you are getting yourself into.
Usually, these offerings have a hold period where there has to be a certain time that has to elapse before the shares can be free trading again. The price of each private placement is usually higher than the previous ones based on the assumption that the company progresses as time progresses.
It does not make sense to price the offering as the same price as the initial offering. Since, the early adopters took the most risk while investing. Back in 2014, the coin did not have as much progress as it does today and thus it would not make sense to value the coin as the 2014 price. Instead, you have to look at the coin as a whole today and the technology it has.
Consider Facebook stock as an example. They IPO'd at $38 in 2012. So you want the next set of offerings to be the same price as it was back in 2012 at $38? Just so everyone will be in the same boat? The current stock is $150 per share. It would not be fair to the initial investors who took on the risk back in 2012. Also, Facebook is a different company today than it was back in 2012. You have more revenue streams, more assets. That has to be factored into the price.
If Skycoin were to offer a new offering at the IPO price of 0.10 per coin, then everyone will sell their current coins and buy in at the 0.10 price. This will create a total crash of the current price, which will leave everyone frustrated.
If they were to go this route, I would set the next IPO price at a slight discount compared to the current market price.
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