Does anyone have any thoughts on the price of this coin say 1 month, 6 months, 1 year? One thing that I see that is holding this coin back is the size of some of the sell orders. Sure people want to make a profit which is understandable, but when you place large sell orders in the 100k plus or greater size it only slows the upper momentum of the coins long term value. What I'm saying is large sell orders put a temporary floor to the price whereas if the sell orders were gradual in size then the buy orders would have to chase the price which in turn would allow a steady price increase and value to the coin.
I personally think the coin has staying power, the community is great, the developers and pools support is second to none, new shops are picking it up and the out look is good. I think within 1 month we break 200 satoshi per coin and surpass Dogecoins value, within 6 months we could potentially be in the same range as Feathercoin currently is which is around 30,000 satoshi. A year out I can't say but if we were to hold 30,000 to 50,000 satoshi per coin we would be doing good.
Time will tell. Thoughts?
The value of coins is depend on how many people agree this coin is good,
The reason why I said 'Good', functionally, every coins are same
but, some coin is growing very best, and some coin is under stable,
but, some coin is going down, and almost nothing,
one of good example is doge, it has successed with big reward concept, and followed some coins are not such as Moon/Infinity.... Maybe people think Doge is more than enough, so do not need it's clone
PoS/PoW coins are always keeping it life, some coin is big success(?) such as PeerCoin, Novacoin, but, some coins are feel very difficult such as Nec, Tag, .... anyway, it is under the proof of concept stage,
and, Some functional coins are keep their life and waiting a sponser suc as casino, sex, and game coines.
Some coins are making very rare number of coins, 42, Pi, ....
About Graincoins,
it has pretty good number of coins (practically, 3500)
it has pretty good concep PoW/PoS
it has well controlled PoS (3X, not much or not less)
it has multipool proof (every block retarget)
more important things are
it has good dev & support team
it has good community
Even just my personal wish, I think, this coin can go into Number #10 group in the coinmarketcap,
evwn it will takes long time ~