I call for
Price creation awareness!Developers!
Large miners!
PMS holders!
Give-away-ers!
Our behaviour now influences the short-term and mid-term fate of this coin. Yes, you can dump all if you are scared that this doesn't have a future. Yes, you can throw out too much coin to everyone who says "me", or translates the page into an obscure Klingon dialect. I am all in for intelligent bounties for cool tasks, let's create as many fun jobs as possible, and then pay them fairly. That creates honest coin owners.
But to get the amount right, let's have a quick look at the numbers.
The "
minimum mining price" at this
current difficulty of 3.5 is approx ~ 30 BTC per DUCK. (Or even 60 BTC per DUCK - then it's a very profitable coin, like maxcoin & vertcoin were for quite a while)
If that price increases, miners, traders and collectors are attracted, the network gets safer, the coin more popular, the marketcap increases, exchanges take up the coin, etc., and in the long run all early adopters will win. A good trajectory for a coin is a slow, but steady increase in hashing power, and thus difficulty. Stagnation is death.
0.00035 DUCK ( ~ 3 blocks) would be approx 5 Euros right now
at a price of 30BTC/DUCK (and 500EUR/BTC). That is very very cheap.
But 3 blocks of diff 3.5 is as much as I can find per day with ~500 kH/s, and the mining machine for that will have costed approx 400-500 euros.
A short-time-invested miner doesn't want to point his expensive hardware to this coin, if the price is much lower than 15 or 20. Or if a giveaway gets him much more coin than many hours or days of mining.
(But it also means: If the price ever gets that low, go and buy buy buy - the coin is very likely to rise far above that!)
So:
When you consider to sell have a look at the
current difficulty, and compare to the above numbers.
Instead of a too low price, rather hold!
Lots of small giveaways to many many people, yes, to invite
more people to download the wallet and expand the duckfamily.
That will also get small miners interested to try and mine this coin.
Many bounties to tech heros for cool gadgets
which extend the technology ecosphere around this coin.
But be aware that the amounts are between fair and generous.
Like in every good game, the better the balance between all players, the greater the fun.
