Hello darlingz, maybe some of you hero-members can help me out with a solution.
I manage a
private fund that is currently worth
530 Bitcoins in real value. We have issued an HZ-asset, a dividend-share - but here is the problem: The current Market-Cap for Horizon is only 199 Bitcoins.
If we are to pay our investors back their money at some point, we will have a real serious problems on our hands as our clients trade our HZ-asset/shares with other people... So if we are to liquidate the fund, we would need to set up a private coin/swap in order to buy back the HZ-assets in Bitcoins since
our funds value is higher then the value of the entire HZ-network and therefore makes it mathematical impossible to use it for the purpose it was intended.
If I get my point across Current price of HZ is 20 satoshi which means that
our 530 Bitcoin-fund in HZ is worth 2 789 473 684 (2.7 Billion HZ) but there is only less then 1 Billion HZ in total.Also - On Bittrex & Poloniex combined, the orderbooks are so thin that we would move the price too much upwards when we are to pay out our investors, and they would bring the price back down selling HZ for Bitcoins which makes the usecase even worse in this current situation.
In order for HZ to work as a platform there needs to be a higher price-cap with enough resistance and harder buy-support to make these transactions possible or the only ones who can use this network will be the smallest of accounts with no room to grow.
So - Going through the rich-list, you guys at the top with the most invested interest in HZ need to pump liquidity back into HZ
or sell out and let the market price this right. Getting just a few million HZ is very difficult on Bittrex & Poloniex, there is almost no supply and the demand is too soft and flexible.
So - Insiders: Please skype each other and decide what it is that you want, and make the Platform functional for us and others.
Thank you.