[ANN] Blacknet BLN | Staking | Future of zApp & ZeFi

One thing to consider is that over half of these coins are going to be mined at 400+ difficulty. That alone puts that half at a minimum value of 2500 satoshi if you consider 0.01 BTC/MH/day as the multipool profit benchmark (anything higher is considered a mine and dump). This could coin go well beyond 5000 satoshi and even go up to 10000 sat, considering it seems to be forming a nice base around ~2700 right now and difficulty continues to rise making each new coin worth more and more based off difficulty to mine alone.

Not sure I follow your logic as far as price-discovery. The mere fact that a coin is increasingly hard to mine does not make it more valuable. Market demand does. Now if you say difficulty reduces supply, you'd have a partial basis. But again, scarcity alone does not create value if it is not met with demand.

Because mining difficulty will determine what the miner is willing to sell at, right at this moment, in the very short-term. At current difficulty there is no way I would sell at 2000 satoshi. I'd be better off mining DOGE. Anything beyond the short-term, the market demand ends up being the main deciding factor (which then adjusts difficulty up or down). But BC is interesting because that demand->difficulty adjustment is non-existent after block 10,000.

Not quite. What the miner is 'willing' to sell at may be determined by many things, including his own desperation or forebodings. And the miner can 'will' all he wants. The buyer may not really give a shit. Unless he's a motivated buyer, for whatever reason.

That would be true for any other coin out there (except for maybe MINT)

But, I added this

Quote from: blade87 on February 27, 2014, 10:01:20 PM

The very short mining period also means : good luck paying anything less than the miner is "paying" by investing their equipment into mining this coin. (If you will, then it won't be until after if the coin fails). That's why my logic.

This coin favors the miner, and there's no way around it. If the buyer doesn't give a shit, then neither will I and I'll move on to the next coin. I don't lose much mining BC for a week, especially with my long paid off hardware. There are more than enough miners on the coin with the same mentality. This isn't like DOGE where when one miner leaves, three more can take his place in a week, and in another, and a month, and etc.

Well, in practice I'm on the same page with you as far as BC. And it would certainly be nice to see the holders do better than the dumpers - maybe with this (and a few other crytptos, not many).