If reward will reduce to 4 coins, could the price will grow x2- x3?
I see on Pia, there are some BUYERS there.
I dont expect a sudden price jump. BECAUSE
This is a POW coin. We mined it or bought it with money. There are NO bounties, premines, AIR drops and stake coins here.
Money earning is NOT easy right ? Right.
Mining also needs money.. It is an investment. It is a work.
So our coins our precious too sell with loss... If someone sees a gain he/she may sell it. So that comes to mining. Mining must give some earn. If not noone mine it (only some of us to handle nodes). That point brings us block reward. So sell pressure will halve seriously. We know it.
FOR my idea on the long run prices sure will increase steadly. ROME did not built in one day.
EVEN Federal Reserve Bank at America giving 1% interest per YEAR to dollar.
If you ask me under 500 sat is cheap. Under 200 is uber super cheap. This coin must enter at least 500 sat and above @ 4 XJO per block interval.