dirtygraham!
(sorry I come late to the party, but I was busy with the MVP of our great new project. You can still invest some BTC there after evaluating it, but time is running out. May 31st!)As much as I understand your dilemma ... and thanks a bunch for that
funny table image ... great laughing :-) ... perhaps it is not a dilemma, but a huge chance for you.
--> I think you are a
market maker, but you do not realize it yet.
Instead you ask others (who are not even in the position to be) to be market makers.
Perhaps I have NOT understood your situation. Could be. Tell me.
But perhaps you also need to read the following explanation? -->
... On Bittrex & Poloniex combined, the orderbooks are so thin ...
There might be a -simple yet basic- misunderstanding about due diligence in cryptocurrencies. Let me explain.
Exchanges are the wrong place to keep coins.
Exchanges get hacked, exchanges disappear, exchanges go bankrupt.
Keep your coins in your wallet, only there they are safe. If your wallet computer is safe.
And secondly -crypto-economically/-legally/-technically-
do you realize that you are giving up your property when you send coins to an exchange?
They swap your coins for an IOU. Which is essentially ... just a promise, not more. You don't own your coins anymore.
"Only if you are holding the private keys to your funds ..." you might have heard that sentence before.
And this is also one of the biggest differences between crypto assets, and banksters' assets. Traditional Wall Street shares you seldom keep yourself in your safe at home (unless long term, pension-type of investments, perhaps), but your bank/broker keeps them for you - and you only own an IOU, trusting them. Cryptos are different, important parts of the system are built to be "trustless".So that there are only relatively few HZ coins in exchange order books is GOOD. It is a sign that HZ holders are not the dumbest.
I will be happily sending some of my HZ funds to exchanges, and fill up orderbooks WHEN the price has risen. Why should I before?
That would be
crazy uneconomical.
Speaking of uneconomical:
I imagine you need 278 million HZ at this price (let's say 20 Satoshi) to pay dividends.
You would pay 56 Bitcoin for it. Right?
Now, if I follow your suggestion, you would like the price to be .... e.g. 200 Satoshi. Right?
Then 56 Bitcoins would buy you only 28 million HZ.
At 2000 Satoshi only 2.8 million HZ.
If I were you, I'd probably be buying buying buying now.
(No guarantees, but:) Five possible effects:
* The price would rise. Finally perhaps even to your envisioned realm (But there is a lot of sell pressure too, so that will take time)
* Many large holders would send to exchanges, and place sell orders. Of course. Demand raises price. Raised price creates supply.
* You buy HZ, but only to distribute them again as dividends. That means, you do not even need end up as a large HZ holder.
* You feed fresh money, which inspires others to feed fresh money. The whole system later stabilizes
(after overshooting, but you are one of the market makers, so act wisely) - it very probably stabilizes at a higher price, and marketcap. And you get rewarded for that "first mover" initiative, because:
* You would have bought for an extremely attractive price.
Because you start buying ... now.
