I am not following this thread but can't someone explain the reason for decline in prices. The dev ans cumminity were doing a good job. What happened recently.
After a hugh raise in price (from 100 sat to 2000 sat) Guldencoin was hit by multipool(s).
KGW was not robuust enough to protect Guldencoin from some kind of mining abuse.
Last thursday KGW was replaced (with hard fork) with DGW3.
But DGW3 seems not the solution for the mentioned mining abuse, or needs some adjustments before it works in the way we want.
In the meantime serveral forces, in the context of the price, are working:
- multipools dumping
- some people thinks a lower price is good and are dumping
- some people just wait for what will happen next
- some people are willing to buy but wait for the right moment
- etc etc
Well, for now, price down. Will stabilize after the weekend. In the meantime, devs working hard the find the best solution.
Can you extrapolate on what mining abuse means? The pools are getting to many coins and dumping? Or they can mine the blocks too easily?