i'll try to make a post to make you sell some coins to daddy slavo; let's see if you cry at the end
rough estimate of miners atm = 150
the point is: there's about 149,000,000 burst already created; if any decent investor want to buy a decent share; price would go up to 500 sats easily; which in terms of marketcap is just not sustainable; considering actual dev and inflation rate. <--- so he won't buy except if he's dumb or collude with big miners.
so; for the burst supporters; so atm mainly miners; instead of waiting for moon; you can start the distribution. Selling at 100 sat or 200 is not weak; it's for the sake of this coin; or you will end up like nxt which has great tech but such poor distribution that market just can't work freely (nobody outside the nxt collective i mean).
i see something really good in burst; simply because there's more hard drives on earth than there's gpu; so we can expect a better distribution at the end; which is kewl. (i think that was the point of the dev when he thought about this concept; that or he had too much unused hard drives
)
but if you miners hoard like it seems you are; you're mainly splitting your "burst wealth" between 150 (plus maybe 500 micro buyers if lucky? but you all know that small players don't do shit on the alt market). So you lose the generalistic distribution through hard drives by highjacking a huge chunk of the supply giving no real interest for investors. make this situation last too long and you will lose momentum where momentum is:
early adopters are split between miners AND traders; miners are mining profitably because traders are active; so they can increase their farm, mining software and be more and more efficient; and traders have a safe network to rely on; more miners come for better distribution (because of profitability); more traders; more volume; more success.
so my conclusion is:
It's early; as miners your job (i'm gpu miner too but dont't have hard drives) is to maintain the most secure network possible; that is at least how traders will see an increasing hashrate (and so more $ spend to that security; so normal for them to pay more)
Sell those millions (and some to me please
); spew them; it's early and that huge supply could be newcomer friendly.
It is really early; i know a lot of you are seeking to land on the moon; but the intersideral trip cost money
If what i said make sense to most of you i may have a fun way to distribute some of that burst supply. If there's someone able to make that happens so i'm not holding the fund for trust issues...
idea is :
those who wants to support the idea "sell" me (or the one voluntary chosen by the community) any amount @ 50 sats; i will keep them in escrow (or the one in charge); and anybody with at least a certain bitcointalk rank (or other condition who cares); say "member" status and above would be able to claim a batch of 100k coin at 75 sat; so off market; with no limitations in time as long as we have funds (so .05/batch to buy; .075 to sell; escrow take .005; dev team takes .02/ batch sold); when the fund is empty we'd have increase our number of "decent" holders (I have often more interest in coins where i have big amount in %supply; i assume i'm not alone in that case?) and we'll gain a better community; with more debate and facts than "to the moon" shills
-i can do it if you like it but i certainly would prefer seeing someone else to avoid being trolled forever...
P.S.: was burst launched on august 10th ? (i have trouble with the explorer; my browser shuts down if i try to browse so i just see the 10 last blocks; so i took the op date.)
P.P.S.: taht's not trolling; on my side there's no problem; if you don't sell i won't buy and that's all (and that's the same for every damn so called investor
)
TL;DR VERSION
MINE MORE; SELL MORE; TRADE MORE; SHARE MORE; CARE MORE; and FORGET ABOUT THE PRICE; it will be the best way to make your burst more valuable.
