very strange price movements… who is selling these cheap IOPs? Who wants to get out? founder?
not founder, be sure
may be miners
Miners, for shure who sold to cover their costs (mostly only a portion of their mined coins) – but the most coins are from traders which buyed from miners earlier (Traders gonna trade – meaning they try to drive the price down – buy more – pump and dump and so on…) – look at the numbers only about 12000 IoPs are for Sale. This is the revenue of 12 Weeks mining (the whole network for shure).
And also we are on a stage with relatively low trading volume – those coins are always very volatile. But sooner or later we will get to a point one ore more traders will buy the whole market because they see our potential. Like always in crypto – buy and hold or cry later…
Remember my words
very strange price movements… who is selling these cheap IOPs? Who wants to get out? founder?
not founder, be sure
may be miners
mining difficulty should be adjusted to make it more expensive
Mining diff is automatically adjusted like always in crypto.
And (specially here) also miners could only mine a limited number of coins (there’s a fixed cap) to be fair to other license holders.
Published at Fri, 21 Apr 2017 07:05:53 +0000
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