Unlike a POS coin Premine has no inflation at all.. there are a fixed number of coins and they are all 'out there'. The dev gave every last one away for free originally then had to buy his own coins back from the exchange Poloniex. At that time that actually cost him quite a bit. Since then the price has dropped quite a bit. So for him, not so good
However since there are only 499000 total coins in existence, people got what the PMC they wanted and volume of trade dropped quite a bit. A sort of equilibrium was set and the price was fairly steady @ 0.00009 or so....
The multipool @ hashcows allows you to mine a switchpool for various altcoins and get paid out in PMC. ( or BTC or a few others actually )
This puts continual buying pressure on PMC and is causing the price to go back up....
My suggestion is twofold:
1) Go BUY some PMC @ Poloniex
2) Mine @ Hashcows with PMC payout for more PMC and to raise the price of your existing PMC....
You could double your money in a month maybe... imagine:
You buy 0.5 BTC of PMC right now @ 0.0002 BTC each.... You mine for a month with a PMC payout.... Price rises to 0.0004 BTC each..
You just more than doubled your money.....
Personally I think it could go higher than that.... but there will be a new equilibrium found.... as the coins shift around again to peoples new comfort zones.... some will sell, some will not.... but that new equilibrium will be much higher....
It is going to be a fun ride
